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Kroenke Sports Charities Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742442488 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Kroenke Sports Charities Inc?

Kroenke Sports Charities Inc, based in Denver, Colorado, is a charitable organization dedicated to uplifting underprivileged children and families within the state. They achieve this goal through a comprehensive approach involving education, health, and community improvement initiatives. The charity receives numerous requests for assistance and supports youth-focused programs and charities, particularly those serving at-risk youth. Their strategic community investments take various forms, including donations, grants, appearances by athletes and staff, and volunteer hours. Kroenke Sports Charities has several programs and events, such as Hockey Fights Cancer, Avalanche/Nugget for a Day, and Racers Passback, to promote education, health, and fitness in the community.


Official website here: www.pepsicenter.com/kse/company/community/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Kroenke Sports Charities Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity's score of 77% reflects good practices in financial management and transparency, essential for fostering trust and credibility with donors and the community.

The organization excels in various accountability measures, achieving full points in critical areas such as material diversion of assets, conflict of interest policy, and document retention. This demonstrates a commitment to organizational integrity and responsible governance. Additionally, the charity shows strong financial ratios, with a program expense ratio of 71.39%, indicating that a significant portion of its expenditures is directed towards its mission-related programs.

However, while the overall financial health appears solid, the rating is based solely on accountability and finance, with no detailed insights into the charity's impact or effectiveness in fulfilling its mission. This lack of comprehensive evaluation may limit potential donors' understanding of how well the organization is achieving its goals.


This AI summary has been generated from information found on Charity Navigator.

Is Kroenke Sports Charities Inc legitimate?

Kroenke Sports Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kroenke Sports Charities 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.pepsicenter.com/kse/company/community/

What is the mission statement of Kroenke Sports Charities Inc?

Kroenke Sports Charities Inc is dedicated to bettering the lives of children and families, primarily focusing on at-risk youth, within their community. Their mission encompasses a comprehensive approach, involving education, health, and fitness initiatives, as well as community improvement projects. The organization receives numerous requests for assistance and tends to support youth-oriented programs and charities. They engage in various forms of community investment, such as donations, grants, appearances by sports personnel, and volunteer work by employees. Kroenke Sports Charities also hosts events and programs, including Hockey Fights Cancer, Game Programs for Youth, and numerous scholarships, to promote education, health, and fitness in their community.


Official website here: www.pepsicenter.com/kse/company/community/

Who is the CEO of Kroenke Sports Charities Inc?

Deb Dowling is the Director of Kroenke Sports Charities Inc.


Official website here: www.pepsicenter.com/kse/company/community/

What is the revenue of Kroenke Sports Charities Inc?

Kroenke Sports Charities Inc's revenue in 2023 was $3,664,528.


Official website here: www.pepsicenter.com/kse/company/community/

Who are the executives of Kroenke Sports Charities Inc and what are their salaries?


Here are 4 key members and their salaries:


Bruce Glazer (Director / Cfo / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Dowling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Blaha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittainy Wilmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pepsicenter.com/kse/company/community/

Where can I find the form 990 for Kroenke Sports Charities Inc?

Kroenke Sports Charities Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pepsicenter.com/kse/company/community/

Learn more at the official website: www.pepsicenter.com/kse/company/community/

Mission Statement of Kroenke Sports Charities Inc

Kroenke Sports Charities Inc, a renowned nonprofit organization, is committed to improving the lives of families and children in various ways. Their mission is centered around education, health and fitness, and community improvement initiatives. The charity aims to uplift underserved children and families in Colorado by providing them with essential resources and opportunities.

Throughout the year, Kroenke Sports Charities Inc receives numerous requests for assistance in various general assistance programs. However, their focus is primarily on supporting youth-oriented programs and charities, particularly those that serve at-risk youth. The organization evaluates these requests by reviewing proposals and fundraising programs, along with their 501(c)(3) determination letters. The approved organizations are well-recognized for delivering charitable functions within the local region.

Kroenke Sports Charities Inc's strategic community investment takes many forms, including education, health, and youth sports programs, donations of merchandise and tickets, grants, appearances by players, coaches, and alumni, and the personal service of KSE employees through KSE Cares and other individual efforts. Additionally, Altitude Sports & Entertainment, a partner organization, airs public service announcements for various organizations throughout the year, further expanding the community outreach efforts. Kroenke Sports Charities Inc's employees are actively involved in the community, dedicating over 1,000 hours annually to visiting schools, hosting youth sports clinics, supporting young patients in local hospitals, and attending fundraising events that benefit the Colorado community.

In summary, Kroenke Sports Charities Inc is a dedicated nonprofit organization that strives to improve the lives of families and children in Colorado. They achieve this by supporting youth-oriented programs and charities, investing in education, health, and youth sports programs, and being actively involved in the community. Their mission is a testament to their commitment to making a positive impact in the lives of those they serve.

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Impact




July, 2024

Kroenke Sports Charities Inc is dedicated to improving the lives of families and children in Colorado through a comprehensive program of education, health & fitness, and community improvement initiatives. Their impact can be seen in the support they provide to youth-oriented programs and charities, especially those serving at-risk youth. The organization's strategic community investments take various forms, including education, health, and youth sports programs, donations of autographed merchandise and tickets, grants, player appearances, and the personal service of KSE employees.

Furthermore, Kroenke Sports Charities Inc collaborates with Altitude Sports & Entertainment to broaden their community efforts by airing public service announcements for various organizations. Their players, coaches, and staff actively engage in the community by dedicating over 1,000 hours of their time to initiatives like visiting schools, hosting youth sports clinics, and participating in fundraising events that benefit the Colorado community. Additionally, the organization organizes and supports a range of programs, outreach activities, and events focused on education, health, and fitness, which includes initiatives like Hockey Fights Cancer, Hoops for Troops, and race sponsorships.

Through these efforts, Kroenke Sports Charities Inc has a significant impact on the lives of underprivileged children and families in Colorado, making a meaningful difference in their well-being and opportunities for a brighter future.




This information is meant to be a general summary of Kroenke Sports Charities 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.

Revenue
$3,664,528 (2023)
Expenses
$2,469,450 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,749
  • Gross Receipts: $3,664,528

Assets and Liabilities:

  • Total Assets: $4,360,868
  • Total Liabilities: $696,033
  • Net Assets: $3,664,835

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Organization Details

Founding Year

1985

Principal Officer

Deb Dowling

Main Address

1000 CHOPPER CIRCLE, DENVER, CO, 802045805

NTEE Category

Code: B00Z - Education

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