Overview
What is Hardrock Club?
The Hardrock Club is a nonprofit organization situated in Rapid City, South Dakota, with a modest workforce of two individuals. Their primary mission is to support and promote athletic scholarships and educational enhancement activities at the South Dakota School of Mines and Technology University. They have been instrumental in providing assistance to approximately 227 athletes, aiding them in their fundraising endeavors and covering expenses related to recruitment and athletics. The club's efforts contribute significantly to the academic and athletic growth of students at the university.
Official website here: www.hardrockclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Hardrock Club has received an 81% score from Charity Navigator, indicating a Three-Star rating. This score reflects strong accountability and finance practices, comprising 100% of the overall rating. The organization excels in areas such as board independence, with all members being independent and adhering to high standards of governance, including the presence of a conflict of interest and whistleblower policies.
Strengths of the Hardrock Club include a solid program expense ratio of 79.38%, demonstrating that a significant portion of its expenses are directed towards its programs. Additionally, the charity has no material diversion of assets and maintains a low liabilities to assets ratio of 0.23%, which speaks to its financial stability. The charity's commitment to transparency is evidenced by its listed website on tax forms and accessible documentation of board meeting minutes.
While the rating is generally positive, it is important for potential donors and supporters to consider that the score is based solely on financial accountability. No additional beacons such as outcomes or impact metrics are included, which means a complete understanding of the charity's effectiveness in achieving its mission may require further research.
This AI summary has been generated from information found on Charity Navigator.
Is Hardrock Club legitimate?
Hardrock Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hardrock Club 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: $91,520
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,206
For more financial information, click here
Official website here: www.hardrockclub.org
What is the mission statement of Hardrock Club?
The Hardrock Club's mission is focused on promoting and offering support for athletic scholarships, programs, and other education enhancement activities at the South Dakota School of Mines and Technology in Rapid City, South Dakota. Specifically, their role involves providing assistance and backing for approximately 227 athletic scholarships, aiding in their fundraising endeavors, and helping manage expenses related to recruiting and athletics for the South Dakota School of Mines and Technology University.
Official website here: www.hardrockclub.org
Who is the CEO of Hardrock Club?
Maria Cadwallader is the Executive Di of Hardrock Club.
Official website here: www.hardrockclub.org
What is the revenue of Hardrock Club?
Hardrock Club's revenue in 2022 was $739,348.
Official website here: www.hardrockclub.org
Who are the executives of Hardrock Club and what are their salaries?
The average compensation at Hardrock Club during 2022 was $62,363. There are 2 employees and 12 volunteers at Hardrock Club.
Here are 12 key members and their salaries:
- Compensation: $89,760
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Official website here: www.hardrockclub.org
Where can I find the form 990 for Hardrock Club?
Hardrock Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hardrockclub.org
Learn more at the official website: www.hardrockclub.org
Mission Statement of Hardrock Club
The Hardrock Club, as a nonprofit organization, is committed to promoting and facilitating athletic scholarships, programs, and other educational enhancement activities at the South Dakota School of Mines and Technology in Rapid City, South Dakota. Their mission is to offer support in various capacities, assisting in fundraising efforts and managing expenses related to recruiting and athletics for the university. The Hardrock Club plays a significant role in helping approximately 227 student-athletes secure scholarships and navigate their educational journey, thereby contributing to the overall development of the institution's athletic program.
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Impact
July, 2024
The Hardrock Club's impact lies in its unwavering commitment to promoting and supporting athletic scholarships, programs, and education enhancement activities at the South Dakota School of Mines and Technology in Rapid City, South Dakota. By providing assistance and support for approximately 227 athletic scholarships, the Hardrock Club plays a vital role in helping student-athletes pursue their academic and athletic goals. Additionally, the club's fundraising efforts and support with expenses related to recruiting and athletics contribute significantly to the overall success of the university's athletic programs. Through its dedication to enhancing education through athletics, the Hardrock Club makes a meaningful difference in the lives of student-athletes and the broader university community.
This information is meant to be a general summary of Hardrock Club. 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.
- Investment Income: $23,091
- Program Service Revenue: $21,023
- Gross Receipts: $1,021,918
Assets and Liabilities:
- Total Assets: $555,899
- Total Liabilities: $452
- Net Assets: $555,447
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HALL OF FAME BANQUET
Revenue
$12,000
ADMIN FEE
Revenue
$8,923
MISCELLANEOUS
Revenue
$100
Organization Details
Founding Year
2011
Phone
(605) 394-2601Principal Officer
Maria Cadwallader
Main Address
501 E SAINT JOSEPH STREET, RAPID CITY, SD, 57701
Website
www.hardrockclub.orgNTEE Category
Code: B114 - Education
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