Overview
What is Friends Of The Norsk Inc Baber?
Friends of the Norsk Inc Baber is a nonprofit organization situated in Mount Horeb, Wisconsin. Their primary objective is to improve the community by engaging businesses, tourists, and local residents. They achieve this through the operation of a golf course, bowling alley, and clubhouse within the village. The corporation's mission is to manage and operate these facilities for the benefit of the community in the Mount Horeb area. With a team of 26 dedicated employees, they contribute to the local community's enjoyment and social activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%)
Friends Of The Norsk Inc Baber has received a two-star rating from Charity Navigator, indicating a need for improvement in various accountability and financial practices. While the organization boasts a fully independent board and has demonstrated no material diversion of assets, it has significant gaps in its financial transparency, as evidenced by missing financial statements and key governance policies.
The organization maintains a high program expense ratio of 93.47%, suggesting that a substantial portion of its resources is directed toward its programs. However, the lack of publicly available financial documents and key policies, such as conflict of interest and whistleblower policies, raises concerns about its governance and operational transparency.
To enhance its rating and build trust with donors, Friends Of The Norsk Inc Baber should focus on improving financial disclosures and establishing robust governance policies. Addressing these issues could not only elevate their rating but also strengthen their reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Norsk Inc Baber legitimate?
Friends Of The Norsk Inc Baber is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Norsk Inc Baber 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: $229,942
For more financial information, click here
What is the mission statement of Friends Of The Norsk Inc Baber?
The mission of Friends Of The Norsk Inc Baber, as a corporation, is primarily focused on benefiting the community surrounding its location. Its main objective is to manage and operate a golf course and clubhouse, serving as a community asset. The organization aims to enhance the community by promoting it to local businesses, tourists, and community members through various promotions and outreach initiatives. This is achieved by operating the golf course, bowling facilities, and a clubhouse, thereby contributing to the overall well-being and sociability of the community.
Who is the CEO of Friends Of The Norsk Inc Baber?
Andrew Baber is the Treasurer of Friends Of The Norsk Inc Baber.
What is the revenue of Friends Of The Norsk Inc Baber?
Friends Of The Norsk Inc Baber's revenue in 2022 was $861,872.
Who are the executives of Friends Of The Norsk Inc Baber and what are their salaries?
The average compensation at Friends Of The Norsk Inc Baber during 2022 was $8,844. There are 26 employees at Friends Of The Norsk Inc Baber.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Friends Of The Norsk Inc Baber?
Friends Of The Norsk Inc Baber's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The Norsk Inc Baber
Friends of the Norsk Inc Baber, a community-focused organization, is dedicated to managing and operating a golf course and clubhouse for the benefit of the community in and around Mountain Horeb, Wisconsin. The mission of this nonprofit is to enhance the community by promoting the golf course, bowling, and clubhouse through outreach to businesses, tourists, and local residents. By operating these facilities, Friends of the Norsk Inc Baber aims to contribute positively to the community, fostering a sense of camaraderie and recreational opportunities for all.
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Impact
July, 2024
Friends Of The Norsk Inc Baber's impact lies in managing and operating a golf course and clubhouse for the community in and around the village of Mount Horeb, Wisconsin. By providing recreational opportunities through golfing, bowling, and clubhouse facilities, this organization enhances the community by promoting outreach to businesses, tourists, and local residents. Their focus on recreation contributes to the overall well-being and quality of life for individuals in the Mount Horeb area.
This information is meant to be a general summary of Friends Of The Norsk Inc Baber. 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: $1,178
- Program Service Revenue: $830,656
- Gross Receipts: $861,872
Assets and Liabilities:
- Total Assets: $717,944
- Total Liabilities: $113,911
- Net Assets: $604,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEVERAGE REVENUE
Revenue
$323,026
FOOD REVENUE
Revenue
$168,289
GOLF REVENUE
Revenue
$141,367
GOLF MEMBERSHIP
Revenue
$83,459
GOLF CART RENTAL
Revenue
$76,158
Organization Details
Founding Year
2015
Principal Officer
Andrew Baber
Main Address
2755 GOLF BOWL RD, MOUNT HOEB, WI, 53572
NTEE Category
Code: N6A - Recreation
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