Overview
What is Northernettes Synchronized Skating?
Northernettes Synchronized Skating is a nonprofit organization situated in Minneapolis, Minnesota. Their primary mission is to foster and support amateur synchronized skating, both locally and internationally. The organization provides a competitive platform for young athletes, training them to excel at this sport. With five competition-level teams, Northernettes regularly participates in national championships and even showcased their skills internationally at the Neuchâtel Trophy in Neuchâtel, Switzerland. The highest-level teams of Northernettes have consistently earned recognition, even securing a silver medal at the international competition. Despite having a small team of one employee, Northernettes has made significant strides in the world of synchronized skating.
Official website here: www.northernettessynchro.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Northernettes Synchronized Skating has received a One-Star rating from Charity Navigator, indicating significant room for improvement in accountability and finance. While the organization boasts a fully independent board and has no material diversion of assets, it has weaknesses in essential governance policies, including a missing whistleblower policy and document retention guidelines, which could affect its operational transparency.
The organization demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 96.97%, reflecting a focus on its mission. Additionally, the charity has effectively documented board meeting minutes and maintains an independent board structure, which are positive aspects of its governance practices. However, the high liabilities to assets ratio of 361.57% raises concerns regarding financial stability.
Overall, while Northernettes Synchronized Skating shows strengths in certain governance areas and program expenses, the lack of critical policies and financial ratios highlight areas that need attention to enhance its credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Northernettes Synchronized Skating legitimate?
Northernettes Synchronized Skating is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northernettes Synchronized Skating 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: $59,387
For more financial information, click here
Official website here: www.northernettessynchro.org
What is the mission statement of Northernettes Synchronized Skating?
Northernettes Synchronized Skating's mission is focused on nurturing and supporting amateur synchronized skaters, both locally and internationally, by providing them with a competitive platform that fosters growth and development. This organization aims to prepare these athletes for participation in local, national, and international competitions during the season. Through their training programs, they cultivate competitive synchronized skaters, having five teams that regularly compete against top-tier synchronized skating teams across the country. Their highest-level teams have consistently participated in national championships, and the junior team even represented them internationally at the Neuchâtel Trophy in Neuchâtel, Switzerland, where they were awarded a silver medal.
Official website here: www.northernettessynchro.org
Who is the CEO of Northernettes Synchronized Skating?
Phil Ernst is the President of Northernettes Synchronized Skating.
Official website here: www.northernettessynchro.org
What is the revenue of Northernettes Synchronized Skating?
Northernettes Synchronized Skating's revenue in 2022 was $623,072.
Official website here: www.northernettessynchro.org
Who are the executives of Northernettes Synchronized Skating and what are their salaries?
The average compensation at Northernettes Synchronized Skating during 2022 was $59,387. There is 1 employee and 30 volunteers at Northernettes Synchronized Skating.
Here are 7 key members and their salaries:
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- Compensation: $60,000
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Official website here: www.northernettessynchro.org
Where can I find the form 990 for Northernettes Synchronized Skating?
Northernettes Synchronized Skating's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northernettessynchro.org
Learn more at the official website: www.northernettessynchro.org
Mission Statement of Northernettes Synchronized Skating
Northernettes Synchronized Skating is dedicated to fostering the growth and development of amateur synchronized skaters, providing them with a highly competitive opportunity to excel in this sport on a local, national, and international level. Their mission is to support and prepare these athletes for various competitions, enabling them to compete at the highest level. The organization achieves this by training young athletes, organizing five competition-level teams that practice rigorously, travel extensively, and compete against the best synchronized skating teams across the country. The Northernettes' highest-level teams have even participated in national championships, demonstrating their commitment to excellence and competitive spirit. Furthermore, their junior team even represented Northernettes Synchronized Skating on an international stage at the Neuchatel Trophy in Neuchatel, Switzerland, where they competed against teams from Europe and North America and were awarded a silver medal.
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Impact
July, 2024
The Northernettes Synchronized Skating organization has made a significant impact in fostering local, national, and international synchronized skating competitions while supporting and developing amateur athletes for various levels of competition. With a focus on training and developing young athletes as competitive synchronized skaters, Northernettes has successfully fielded five competition-level teams that practice, travel, and compete against the best competitive synchro teams across the country.
Notably, the organization's three highest-level teams have all been national championship participants, showcasing their dedication to excellence in the sport. In addition, the junior-level team competed internationally at the Neuchatel Trophy in Switzerland, where they won a silver medal competing against teams from Europe and North America. This success demonstrates Northernettes' commitment to providing highly competitive synchronized skating opportunities that foster growth and development in athletes, preparing them to compete at local, national, and international levels.
This information is meant to be a general summary of Northernettes Synchronized Skating. 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.
- Program Service Revenue: $513,244
- Gross Receipts: $631,368
Assets and Liabilities:
- Total Assets: $37,606
- Total Liabilities: $41,080
- Net Assets: -$3,474
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SKATER FEES
Revenue
$504,985
COMPETITION EQUIPMENT
Revenue
$8,259
Organization Details
Founding Year
2017
Phone
(612) 655-0662Principal Officer
Phil Ernst
Main Address
1520 KENWOOD PARKWAY, MINNEAPOLIS, MN, 55405
Website
www.northernettessynchro.orgNTEE Category
Code: N70 - Recreation
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