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Jefferson Athletic Foundation

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

EIN: 471488949 ✦ Bloomington, MN ✦ Designated as a 501(c)(3)

Overview

What is Jefferson Athletic Foundation?

The Jefferson Athletic Foundation is a nonprofit organization situated in Bloomington, Minnesota. Its primary purpose is to support local sports teams by distributing funds for various expenses, such as player development, team building, recognition programs, special events, equipment purchases, uniforms, travel, general supplies, and other related expenses. This funding aims to alleviate the financial burden on the Bloomington School District in funding athletic teams and encourage greater participation from the student body. With an estimated 7,250 volunteer hours contributed annually by student athletes and over 400 volunteers, the foundation plays a significant role in the local community. The organization currently employs 19 individuals.


Is Jefferson Athletic Foundation legitimate?

Jefferson Athletic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jefferson Athletic Foundation 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.

Here 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


What is the mission statement of Jefferson Athletic Foundation?
Who is the CEO of Jefferson Athletic Foundation?
What is the revenue of Jefferson Athletic Foundation?
Who are the executives of Jefferson Athletic Foundation and what are their salaries?
Where can I find the form 990 for Jefferson Athletic Foundation?

Mission Statement of Jefferson Athletic Foundation

The Jefferson Athletic Foundation, a nonprofit organization, allocates funds to its member sports teams. This financial aid is primarily utilized for player development, team-building activities, recognition programs, special events, equipment purchases, uniforms, travel, general supplies, and other related expenses. The objective behind this funding is twofold: firstly, to alleviate the financial burden on the Bloomington School District in funding athletic teams, and secondly, to encourage increased participation from the student body. Due to the support provided by the Jefferson Athletic Foundation, student athletes and over 400 volunteers collectively contribute over 7,250 volunteer hours annually.

Impact

This information is meant to be a general summary of Jefferson Athletic Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Jefferson Athletic Foundation's impact is significant in Bloomington, MN, as it supports member sports teams by distributing funds for player development, team building, recognition programs, special events, equipment purchases, uniforms, travel, general supplies, and other expenses. By doing so, the organization helps reduce the burden on the Bloomington School District for funding athletic programs and enables greater participation from the student body. Additionally, the foundation's efforts contribute to over 7,250 volunteer hours annually, involving student athletes and over 400 volunteers in various activities and initiatives.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $36
  • Program Service Revenue: $350,937
  • Gross Receipts: $6,807,614

    • Assets and Liabilities:
  • Total Assets: $462,361
  • Total Liabilities: $16,694
  • Net Assets: $445,667
  • Programs

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

    GAMBLING FUND SUPPORT

    Revenue

    $193,580

    PLAYER DEVELOPMENT

    Revenue

    $61,060

    SEASON PASS SALES

    Revenue

    $29,455

    CONCESSIONS REVENUE

    Revenue

    $25,690

    BANQUET REVENUE

    Revenue

    $25,571

    Organization Details

    Founding Year

    2014

    Principal Officer

    Colleen Stocker

    Main Address

    8100 PENN AVENUE SOUTH, BLOOMINGTON, MN, 55431

    NTEE Category

    Code: B11 - Education

    If you are a representative of Jefferson Athletic Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.