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Knothole Foundation Knothole Foundation

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

EIN: 824726399 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

Overview

What is Knothole Foundation Knothole Foundation?

The Knothole Foundation, situated in Charlotte, North Carolina, is a nonprofit organization dedicated to serving underprivileged communities by promoting baseball and creating life prospects for underserved youth. Previously focusing on capital investments and facility development, the organization shifted its focus to operations in 2022, emphasizing ongoing maintenance and support for teams, camps, clinics, events, and community outreach. By doing so, they have solidified their ability to fully serve the community and fulfill their mission of increasing diversity and access to youth baseball, offering additional educational and life skills support.


Official website here: www.knotholecarolinas.org

Is Knothole Foundation Knothole Foundation legitimate?

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


Official website here: www.knotholecarolinas.org

What is the mission statement of Knothole Foundation Knothole Foundation?

The Knothole Foundation's mission is centered around promoting the sport of baseball in underserved communities and creating opportunities for underprivileged youth. They achieve this by providing access to necessary facilities, education, health and wellness protocols. The foundation has shifted its focus from capital investments to operations, emphasizing support for teams, camps, clinics, events, and community outreach. This shift aims to serve the community fully, increasing diversity and accessibility in youth baseball, offering team sports and wrap-around support for education and life skills to youth aged 4-18.


Official website here: www.knotholecarolinas.org

Who is the CEO of Knothole Foundation Knothole Foundation?

Alan Barnes is the Secretary of Knothole Foundation Knothole Foundation.


Official website here: www.knotholecarolinas.org

What is the revenue of Knothole Foundation Knothole Foundation?

Knothole Foundation Knothole Foundation's revenue in 2022 was $870,455.


Official website here: www.knotholecarolinas.org

Who are the executives of Knothole Foundation Knothole Foundation and what are their salaries?

Here are 3 key members and their salaries:

    Morris Madden (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $40,000
  • Other: $0

    • Alan Barnes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Schaeffer (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.knotholecarolinas.org

    Where can I find the form 990 for Knothole Foundation Knothole Foundation?

    The Knothole Foundation Knothole Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.knotholecarolinas.org

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

    Mission Statement of Knothole Foundation Knothole Foundation

    Knothole Foundation, a nonprofit organization, is committed to promoting the sport of baseball in underserved communities and creating life opportunities for underprivileged youth. This is achieved by providing access to necessary facilities, education, health and wellness protocols. By focusing on these areas, Knothole Foundation aims to make a significant impact in the lives of youth aged between 4 and 18, offering them the benefits of team sports and wrap-around support for their education and life skills development. The organization's dedication to its mission has led to a shift in its focus from capital investments to operations, ensuring that it can fully serve the community and contribute to increasing diversity and access for youth baseball.

    Impact

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




    Saturday, July 20, 2024

    Knothole Foundation Knothole Foundation's impact is felt through its dedication to promoting baseball in underserved communities and providing life opportunities for youth. By focusing on access to facilities, education, health, and wellness protocols, the foundation has facilitated the development of teams, camps, clinics, events, and community outreach programs. Through these efforts, Knothole Foundation is increasing diversity and access to youth baseball, offering children aged 4-18 the benefits of team sports while also providing support for education and life skills.





    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: $0
  • Program Service Revenue: $226,349
  • Gross Receipts: $870,455

    • Assets and Liabilities:
  • Total Assets: $5,718,511
  • Total Liabilities: $1,938,659
  • Net Assets: $3,779,852
  • Programs

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

    FIELD AND FACILITY FEES

    Revenue

    $196,022

    CONCESSION INCOME

    Revenue

    $15,327

    SPONSORSHIP INCOME

    Revenue

    $15,000

    Organization Details

    Founding Year

    2018

    Principal Officer

    Alan Barnes

    Main Address

    7531 TUCKASEEGEE ROAD, CHARLOTTE, NC, 28214

    NTEE Category

    Code: N63 - Recreation

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