Overview
What is Minnesota Blades Inc?
Minnesota Blades Inc is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 2465 Manchester Drive. Their primary mission is to organize hockey tournaments for youth aged between 10 and 15, facilitating the registration of 10 to 12 youth hockey teams into various tournaments. This initiative aims to promote hockey engagement among Minnesota's younger population. The organization currently employs a single individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (52%)
Minnesota Blades Inc has received a low rating of 52% from Charity Navigator, resulting in a One-Star designation. This score reflects significant concerns regarding the charity’s accountability and financial practices. Notably, the organization lacks independent board members and has not provided financial statements, which raises questions about transparency and governance.
While the nonprofit demonstrates a strong program expense ratio of 100%, indicating that all financial resources are directed towards its programs, it is important to note the absence of essential policies. The organization does not have a conflict of interest policy, whistleblower policy, or a document retention and destruction policy in place, which are critical for ensuring ethical operations and safeguarding donor trust.
Overall, Minnesota Blades Inc appears to be focused on programmatic spending but faces serious governance challenges that could hinder its effectiveness and accountability. Stakeholders are encouraged to consider these factors when evaluating the organization's impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Blades Inc legitimate?
Minnesota Blades Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Blades Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Minnesota Blades Inc?
Minnesota Blades Inc is an organization dedicated to organizing hockey tournaments for youth aged 10-15. Their primary mission is to facilitate the registration of approximately 10-12 youth hockey teams in various hockey tournaments. Their goal is to provide these young athletes with opportunities to compete and enhance their skills in the sport. The organization's activities aim to foster a sense of camaraderie and sporting spirit among the participating teams.
Who is the CEO of Minnesota Blades Inc?
Jamie Fransway is the Executive Director of Minnesota Blades Inc.
What is the revenue of Minnesota Blades Inc?
Minnesota Blades Inc's revenue in 2022 was $709,346.
Who are the executives of Minnesota Blades Inc and what are their salaries?
There is 1 employee and 30 volunteers at Minnesota Blades Inc.
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Minnesota Blades Inc?
Minnesota Blades Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Minnesota Blades Inc
Minnesota Blades Inc is a nonprofit organization dedicated to organizing hockey tournaments for youth aged 10-15. Their primary mission is to help facilitate the registration of up to 12 youth hockey teams in various hockey tournaments. By doing so, Minnesota Blades Inc aims to provide these young athletes with a platform to showcase their skills and compete against their peers, fostering a sense of camaraderie and sportsmanship. By organizing these tournaments, Minnesota Blades Inc is contributing to the overall development of Minnesota's youth hockey community, providing them with valuable competitive experiences.
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Impact
July, 2024
Minnesota Blades Inc has a significant impact on the youth in Minnesota by organizing hockey tournaments for youth ages 10-15 and assisting youth hockey teams in registering for other tournaments. By providing opportunities for young aspiring athletes to participate in competitive hockey events, Minnesota Blades Inc plays a crucial role in developing the skills, camaraderie, and sportsmanship of the next generation of hockey players in the state.
This information is meant to be a general summary of Minnesota Blades Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $709,346
- Gross Receipts: $709,346
Assets and Liabilities:
- Total Assets: $38,418
- Total Liabilities: $75
- Net Assets: $38,343
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Hockey Tournaments
Revenue
$709,346
Organization Details
Founding Year
1989
Principal Officer
Jamie Fransway
Main Address
2465 Manchester Dr, Minneapolis, MN, 55422
NTEE Category
Code: N60 - Recreation
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