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Blazing Hearts Inc

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

EIN: 831925808 ✦ Appleton, WI ✦ Designated as a 501(c)(3)

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Overview

What is Blazing Hearts Inc?

Blazing Hearts Inc is a dedicated nonprofit organization that focuses on nurturing amateur athletes in a comprehensive and supportive environment. This holistic approach aims to develop well-rounded individuals, strengthening their mental, physical, social, financial, and spiritual aspects. The organization offers various resources, including financial assistance, community outreach programs, and a youth basketball program. The primary goal of Blazing Hearts is to foster champions for life who give back to their communities.


Official website here: www.blazinghearts.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

Blazing Hearts Inc has received a low rating primarily due to its Accountability & Finance score of 33%. This score indicates significant concerns regarding transparency and financial management. While the organization has a fully independent board and adheres to some basic governance policies, critical elements such as a whistleblower policy and document retention policies are missing.

The organization has an acceptable program expense ratio of 50.29%, suggesting that it allocates a portion of its budget to programs. However, its liabilities to assets ratio of 100.94% raises red flags about financial stability. Additionally, the absence of financial statements further complicates the evaluation of the charity's fiscal health and effectiveness. Overall, while there are some strengths in governance, the lack of transparency and financial oversight significantly hinders Blazing Hearts Inc's ability to instill confidence among potential donors.


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

Is Blazing Hearts Inc legitimate?

Blazing Hearts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blazing Hearts 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.blazinghearts.org

What is the mission statement of Blazing Hearts Inc?

Blazing Hearts Inc is committed to providing a nurturing environment for amateur athletes, aiming to cultivate well-rounded individuals who excel not just physically, but also mentally, socially, financially, and spiritually. The organization's mission is to foster champions for life, encouraging these athletes to give back to their communities. This is achieved through comprehensive training programs and exposure opportunities, supplemented by financial assistance, support, and community outreach initiatives. Furthermore, Blazing Hearts also operates a youth basketball program.


Official website here: www.blazinghearts.org

Who is the CEO of Blazing Hearts Inc?

Bacelisa Melendez Van Wyk is the President of Blazing Hearts Inc.


Official website here: www.blazinghearts.org

What is the revenue of Blazing Hearts Inc?

Blazing Hearts Inc's revenue in 2022 was $601,835.


Official website here: www.blazinghearts.org

Who are the executives of Blazing Hearts Inc and what are their salaries?

There 3 volunteers at Blazing Hearts Inc.


Here are 3 key members and their salaries:


Bacelisa Melendez Van Wyk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Van Wyk (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcglone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blazinghearts.org

Where can I find the form 990 for Blazing Hearts Inc?

Blazing Hearts Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blazinghearts.org

Learn more at the official website: www.blazinghearts.org

Mission Statement of Blazing Hearts Inc

Blazing Hearts Inc, a nonprofit organization, is dedicated to nurturing amateur athletes in a protected, comprehensive environment. Their mission is to shape well-rounded athletes mentally, physically, socially, financially, and spiritually, transforming them into champions who contribute positively to their communities for life. The organization provides a safe and secure space for athletes to enhance their skills, fostering a holistic development that goes beyond the sports field. Besides training and exposure, Blazing Hearts also offers financial assistance, support programs, and community outreach initiatives. Their youth basketball program is a key component, contributing to the overall development of young athletes, both on and off the court.

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Impact




July, 2024

Blazing Hearts Inc has a significant impact on amateur athletes by providing them with training and exposure in a safe, holistic environment. The organization focuses on building athletes mentally, physically, socially, financially, and spiritually to help them become champions for life who give back to their community. Additionally, Blazing Hearts offers financial assistance, support, community outreach programs, and a youth basketball program to further empower and uplift athletes. Their work positively influences the lives of many individuals in the Appleton, WI community.




This information is meant to be a general summary of Blazing Hearts 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
$601,835 (2022)
Expenses
$599,933 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $53
  • Program Service Revenue: $515,917
  • Gross Receipts: $601,835

Assets and Liabilities:

  • Total Assets: $208,373
  • Total Liabilities: $210,347
  • Net Assets: -$1,974

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPORTS INCOME-BASKETBA

Revenue

$288,363

SPORTS INCOME-VOLLEYBA

Revenue

$141,866

TRAINING

Revenue

$78,388

MEMBERSHIP DUES

Revenue

$7,300

Organization Details

Founding Year

2018

Principal Officer

Bacelisa Melendez Van Wyk

Main Address

230 S MCCARTHY, APPLETON, WI, 54915

NTEE Category

Code: N11 - Recreation

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