Overview
What is Nine 13 Inc?
Nine 13 Inc is a 501(c)(3) nonprofit organization, headquartered in Indianapolis, Indiana, committed to inspiring local youth through programs emphasizing education, health, and community engagement. Utilizing the bicycle as a unifying tool, Nine 13 Inc offers programs that foster team-building and personal growth. Their flagship initiative, Kids Riding Bikes, engages students in an exciting and technologically advanced indoor cycling experience, integrating physical education and learning about bicycles. Furthermore, the organization leverages food to strengthen community ties, serving as a catalyst for engagement. With a team of 13 dedicated individuals, Nine 13 Inc is dedicated to empowering youth and nurturing a sense of unity.
Official website here: www.nine13sports.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Nine 13 Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization scores well in areas such as having a majority independent board and maintaining a low liabilities to assets ratio, there are significant concerns regarding the absence of certain key financial documents, which impacted their overall score. The program expense ratio is positive at over 79%, suggesting that a substantial portion of funds is directed towards its programs.
However, the nonprofit has not provided essential financial statements or made its tax form available on its website, which are critical for transparency. Additionally, the lack of a whistleblower policy and a document retention and destruction policy suggests there are gaps in governance practices that the organization needs to address. Despite these weaknesses, the presence of policies for conflict of interest and proper documentation of board meeting minutes demonstrate some level of commitment to good governance.
In summary, while Nine 13 Inc shows promise with its independent board and program expenditure, it must enhance its financial transparency and governance policies to improve its overall rating and accountability. Addressing these limitations will be crucial for building donor trust and ensuring effective mission delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Nine 13 Inc legitimate?
Nine 13 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nine 13 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: $216,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,134
For more financial information, click here
Official website here: www.nine13sports.org
What is the mission statement of Nine 13 Inc?
Nine 13 Inc, as a 501(c)(3) non-profit organization, focuses on promoting education, health, and wellness among local youth. They achieve this goal through innovative programs that utilize the bicycle as a unifying tool and food as a means to foster community engagement. The organization's flagship program, Kids Riding Bikes, is designed to encourage physical activity, team building, and learning about bicycles. This program offers an engaging and technologically advanced indoor bike training experience, catering to each child's fitness level with customized courses.
Official website here: www.nine13sports.org
Who is the CEO of Nine 13 Inc?
Tom Hanley is the Ceo of Nine 13 Inc. The CEO's salary of Nine 13 Inc is $84,000 and their total compensation is $84,000.
Official website here: www.nine13sports.org
What is the revenue of Nine 13 Inc?
Nine 13 Inc's revenue in 2022 was $599,562.
Official website here: www.nine13sports.org
Who are the executives of Nine 13 Inc and what are their salaries?
The average compensation at Nine 13 Inc during 2022 was $35,318. There are 13 employees and 50 volunteers at Nine 13 Inc.
Here are 8 key members and their salaries (Nine 13 Inc's CEO's salary is $84,000 and their total compensation is $84,000):
- Compensation: $84,000
- Related: $0
- Other: $0
- Compensation: $66,000
- Related: $0
- Other: $0
- Compensation: $66,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nine13sports.org
Where can I find the form 990 for Nine 13 Inc?
Nine 13 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nine13sports.org
Learn more at the official website: www.nine13sports.org
Mission Statement of Nine 13 Inc
Nine 13 Inc, a 501(c)(3) non-profit organization, is dedicated to promoting education, health, and wellness among local youth. They achieve this goal through various programs that utilize the bicycle as a powerful equalizer and food as a means of fostering community engagement. The organization's mission is to leverage the bicycle's potential to bring individuals together, encouraging teamwork and personal growth, while also using food to strengthen community bonds.
Nine 13 Inc's flagship program, Kids Riding Bikes, is built around the concepts of community, team-building, and personal achievement. This initiative offers today's youth an engaging and technologically advanced indoor bike training experience. By mounting bikes on indoor bike trainers and integrating them into video games, this program provides a thrilling and customizable workout experience for the participants. The program's software allows the courses to be tailored to each child based on distance and elevation, making it an exciting and educational experience for all involved.
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Impact
July, 2024
Nine 13 Inc's impact is evident in the way it empowers local youth through innovative programs focused on education, health, and community engagement. One of its flagship initiatives, Kids Riding Bikes, not only promotes physical activity and fitness but also fosters teamwork, personal growth, and technological engagement. By using bicycles as tools for learning and development, Nine 13 Inc is making a tangible difference in the lives of young people in Indianapolis.
This information is meant to be a general summary of Nine 13 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.
- Gross Receipts: $599,562
Assets and Liabilities:
- Total Assets: $291,377
- Total Liabilities: $55,873
- Net Assets: $235,504
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Organization Details
Founding Year
2013
Phone
(317) 735-3121Principal Officer
Tom Hanley
Main Address
1271 W 29th Street, Indianapolis, IN, 46208
Website
www.nine13sports.orgNTEE Category
Code: N99 - Recreation
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