Overview
What is Minnesota High School Cycling League?
The Minnesota High School Cycling League, under the umbrella of the Minnesota Cycling Association, is committed to fostering youth cycling. This nonprofit organization has successfully engaged 2,600 student athletes in various time trials across Minnesota. The league's growth is largely due to the dedicated efforts of 1,304 volunteer coaches who have mentored 82 teams. The Minnesota Cycling Association's mission to establish and sustain youth cycling programs is evident in its impressive participation and coaching figures.
Official website here: www.minnesotacycling.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating. The Minnesota High School Cycling League has earned a solid score of 88%, reflecting a strong commitment to accountability and finance. The overall score is based on a single beacon score, which highlights the organization's focus on maintaining high financial standards.
One of the significant strengths of the organization is its fully independent board, comprising 100% independent members and demonstrating effective governance. The league also scores well in financial oversight, with no material diversion of assets reported and a high program expense ratio of 90.47%, indicating that a large portion of its funds is directed toward its cycling programs.
However, the organization does have some limitations, notably the absence of a whistleblower policy and document retention and destruction policy, which are important for comprehensive governance practices. Additionally, the posting of tax documents on its website is not current, which could affect transparency efforts. Overall, while the Minnesota High School Cycling League shows strong financial health, it may benefit from improving its governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota High School Cycling League legitimate?
Minnesota High School Cycling League is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota High School Cycling League 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: $220,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.minnesotacycling.org
What is the mission statement of Minnesota High School Cycling League?
The Minnesota Cycling Association, responsible for youth cycling programs, is committed to establishing and sustaining these initiatives. This is evident through the participation of approximately 2,600 student athletes in various time trials across Minnesota. Additionally, the league relies on a substantial volunteer force of 1,304 coaches who help guide a total of 82 teams. The association's primary goal is to provide a platform for youth cycling, fostering both athletic growth and teamwork.
Official website here: www.minnesotacycling.org
Who is the CEO of Minnesota High School Cycling League?
Joshua Kleve is the Executive Director of Minnesota High School Cycling League.
Official website here: www.minnesotacycling.org
What is the revenue of Minnesota High School Cycling League?
Minnesota High School Cycling League's revenue in 2022 was $783,571.
Official website here: www.minnesotacycling.org
Who are the executives of Minnesota High School Cycling League and what are their salaries?
The average compensation at Minnesota High School Cycling League during 2022 was $55,018. There are 4 employees and 2500 volunteers at Minnesota High School Cycling League.
Here are 5 key members and their salaries:
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Official website here: www.minnesotacycling.org
Where can I find the form 990 for Minnesota High School Cycling League?
Minnesota High School Cycling League's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.minnesotacycling.org
Learn more at the official website: www.minnesotacycling.org
Mission Statement of Minnesota High School Cycling League
The Minnesota High School Cycling League, also known as the Minnesota Cycling Association, is dedicated to establishing and sustaining youth cycling programs. This is evident in the participation of over 2,600 student athletes who engage in time trials at various locations across Minnesota. Furthermore, the league relies on the assistance of 1,304 volunteer coaches who help guide a total of 82 teams. In essence, the Minnesota High School Cycling League is committed to fostering a cycling community for young individuals, providing them with opportunities to learn, grow, and compete in a safe and supportive environment.
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Impact
July, 2024
The Minnesota High School Cycling League impacts the community by providing opportunities for youth to engage in cycling programs. With the involvement of 2,600 student athletes participating in time trials at various locations across Minnesota and the support of 1,304 volunteer coaches working with a total of 82 teams, the league plays a significant role in fostering youth development through cycling. This not only promotes physical activity and sportsmanship but also creates a supportive and healthy environment for young cyclists to thrive and build essential life skills.
This information is meant to be a general summary of Minnesota High School Cycling League. 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: $1,098
- Program Service Revenue: $646,945
- Gross Receipts: $783,571
Assets and Liabilities:
- Total Assets: $382,521
- Total Liabilities: $22,003
- Net Assets: $360,518
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CYCLING PROGRAMMING
Revenue
$646,945
Organization Details
Founding Year
2017
Principal Officer
Joshua Kleve
Main Address
1036 CREEKVIEW LN, BELLE PLAINE, MN, 56011
Website
www.minnesotacycling.orgNTEE Category
Code: N60 - Recreation
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