Metro Sports Foundations Inc

Organization Overview

Metro Sports Foundations Inc is located in Fargo, ND. The organization was established in 2007. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 04/2022, Metro Sports Foundations Inc employed 178 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metro Sports Foundations Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 04/2022, Metro Sports Foundations Inc generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $4.4m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ENRICHING YOUTH ACTIVITIES IN THE FARGO-MOORHEAD AREA THROUGH PROMOTING AND HOSTING SPORTING EVENTS THAT OFFER PLAYERS, COACHES, AND THE COMMUNITY THE OPPORTUNITY TO PARTICIPATE AT THE HIGHEST LEVEL OF SPORTSMANSHIP.

Describe the Organization's Program Activity:

OPERATION OF THE SCHEELS ARENA, A FACILITY PRIMARILY USED FOR THE BENEFIT OF YOUTH HOCKEY IN THE FARGO AREA. THE TYPES OF EVENTS THAT ARE HELD RANGE FROM HOCKEY EVENTS (I.E. FARGO FORCE GAMES, HIGH SCHOOL GAMES, AND TOURNAMENTS) TO COMMUNITY EVENTS (I.E. CONCERTS, WALKS, AND RENTALS).


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Board, Officers & Key Employees

Name (title)Compensation
Steve Johnson
Vice President
$0
Jon Kram
President
$0
Dan Ness
Director
$0
Ben Noonan
Director
$0
Dana Coulter
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $195,283
All other contributions, gifts, grants, and similar amounts not included above$42,585
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$237,868
Total Program Service Revenue$2,963,340
Investment income $54
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $249,866
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,507,729

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Metro Sports Foundations Inc has recieved totaling $20,000.

Awarding OrganizationAmount
National Philanthropic Tr

Jenkintown, PA

PURPOSE: HUMAN SERVICES

$20,000
View Grant Recipient Profile

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