Overview
What is Play For Kate Inc?
Play For Kate Inc is a nonprofit organization established in memory of Kate Bruggenschmidt, a young girl who passionately loved sports and life. Tragically, she lost her life in an ATV accident in 2015. The organization's primary mission is to honor Kate's memory by providing educational scholarships and supporting youth sports and ATV education. Each year, they host the Play for Kate basketball tournament, bringing together area and regional teams in February. Regrettably, the tournament was not held this year due to the COVID-19 pandemic. The organization's headquarters are located in Tennyson, Indiana.
Official website here: www.playforkate.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Play For Kate Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The charity’s score is primarily based on its strong performance in the Accountability & Finance category, where it achieved a perfect score in several areas, including having a fully independent board and no material diversion of assets.
One of the charity's strengths lies in its high program expense ratio of 89%, demonstrating a commitment to channeling funds toward its programs and services. Additionally, the organization maintains a low liabilities to assets ratio of 8.01%, suggesting sound financial health.
However, there are notable limitations, particularly in the area of governance policies. The charity is missing several important policies, including conflict of interest and whistleblower policies, which could impact its overall governance practices. Despite these gaps, the charity has effectively kept its financial practices transparent and accountable.
This AI summary has been generated from information found on Charity Navigator.
Is Play For Kate Inc legitimate?
Play For Kate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Play For Kate 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
Official website here: www.playforkate.com
What is the mission statement of Play For Kate Inc?
Play for Kate Inc. was established with the mission to honor the memory of an eleven-year-old girl named Kate Bruggenschmidt, who had a passion for sports and life, who tragically passed away in an ATV accident in 2015. The organization's primary objectives include providing educational scholarships and supporting youth sports and ATV education. In fulfilling its mission, Play for Kate Inc. conducts an annual basketball tournament, named after Kate, where area and regional teams participate to pay tribute to her love for sports. Regrettably, the tournament was not held this year due to the ongoing COVID-19 situation.
Official website here: www.playforkate.com
Who is the CEO of Play For Kate Inc?
Ashlee Bruggenschmidt is the Board Member of Play For Kate Inc.
Official website here: www.playforkate.com
What is the revenue of Play For Kate Inc?
Play For Kate Inc's revenue in 2022 was $49,557.
Official website here: www.playforkate.com
Who are the executives of Play For Kate Inc and what are their salaries?
There 150 volunteers at Play For Kate Inc.
Here are 6 key members and their salaries:
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Official website here: www.playforkate.com
Where can I find the form 990 for Play For Kate Inc?
Play For Kate Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.playforkate.com
Learn more at the official website: www.playforkate.com
Mission Statement of Play For Kate Inc
Play for Kate Inc, named in honor of an eleven-year-old girl named Kate Bruggenschmidt who cherished sports and life, was established with a twofold mission. Primarily, the organization aims to provide educational scholarships to deserving individuals. Beyond academics, Play for Kate Inc also seeks to support youth sports and ATV education, fostering a love for activities that Kate held dear. This mission serves as a tribute to Kate's life and spirit, ensuring her memory lives on through the development and growth of future generations.
The annual Play for Kate basketball tournament is a significant event organized by the organization. This tournament provides a unique platform for both local and regional teams to showcase their skills, all while honoring Kate's love for sports. Unfortunately, due to the ongoing COVID-19 pandemic, the tournament was unable to take place this year. Despite the setback, Play for Kate Inc remains committed to its mission, working tirelessly to support the education and athletic pursuits of young individuals, keeping alive the memory of the remarkable girl whose life was cut tragically short.
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Impact
August, 2024
Play For Kate Inc has had a profound impact by honoring the memory of Kate Bruggenschmidt, a young girl who tragically lost her life in an ATV accident. The organization's focus on providing educational scholarships and supporting youth sports and ATV education has positively influenced the lives of many individuals. Through initiatives like the annual Play for Kate basketball tournament, the organization has created a platform for teams to come together, compete, and pay tribute to Kate's passion for sports. Despite challenges such as the cancellation of events due to COVID-19, Play For Kate Inc continues to make a difference in the community of TENNYSON, IN and beyond, embodying the spirit of education and youth sports in Kate's memory.
This information is meant to be a general summary of Play For Kate 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.
- Investment Income: -$11,156
- Program Service Revenue: $56,088
- Gross Receipts: $68,415
Assets and Liabilities:
- Total Assets: $162,722
- Total Liabilities: $12,500
- Net Assets: $150,222
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Play for Kate Softball Tournament
Revenue
$56,088
Organization Details
Founding Year
2015
Phone
(812) 202-0154Principal Officer
Ashlee Bruggenschmidt
Main Address
5244 Folsomville Degonia Road, Tennyson, IN, 47637
Website
www.playforkate.comNTEE Category
Code: B82 - Education
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