NonprofitsLake Minnetonka Triathlon Inc

Recreation & Sports

Lake Minnetonka Triathlon Inc

WAYZATA, MN

Total revenue

$77K

Total expenses

$75K

Net assets

$12K

Grants received

EIN

922314832

Tax year

2024

Mission

To foster local, national or international amateur sports competition by conducting a local triathlon and raising money to support local charities.

Programs

3 programs

In addition to the triathlon itself, the organization supports competitors and community members through pre-event training sessions, workshops, and seminars on athletic performance, nutrition, and injury prevention. These programs are designed to enhance the performance and overall well-being of participants while encouraging lifelong fitness habits. By providing these educational and training resources, lake minnetonka triathlon inc reinforces its mission of fostering amateur sports and promoting community health.

Expenses: $20K

A critical element of the organizations efforts is its commitment to giving back. Through the triathlon event, a range of fundraising activitiessuch as entry fees, donation drives, sponsorship campaigns, and on-site charitable initiativespush forward the objective of raising funds for local charities. This accomplishment not only supports community-based causes but also strengthens community ties and expands the organizations impact beyond just athletic competition.

Lake minnetonka triathlon inc is dedicated to fostering local, national, and international amateur sports competition by staging a signature local triathlon and raising vital funds to support local charities. During the past year, we successfully executed our annual triathlon, which attracted a diverse group of athletesfrom community members to participants from across the country and beyond. This event not only showcased high-level amateur sportsmanship but also affirmed our commitment to inclusive competition and healthy living.in addition to the athletic competition, the event served as a key fundraising mechanism. Through entry fees, sponsorships, and community engagement activities, we raised substantial funds that have been directed to local charities working to improve community well-being. Pre-event training sessions, workshops on athletic performance and wellness, and post-event recognition of our charity partners further underscored the dual mission of promoting competitive sports and supporting local causes.

Expenses: $52K

Financials

FY 2024

Revenue

Contributions & grants$77K
Program service revenue
Investment income
Other revenue
Total revenue$77K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$75K
Total expenses$75K
Total assets$12K
Net assets$12K

People

5 listed

NameRoleCompensation

MICHAEL A ROGERS

PRESIDENT

Board

ANNE ROGERS

SECRETARY

Board

JOHN VANDERPOEL

TREASURER

Board

MORGAN ROGERS

DIRECTOR

Board

BRITTANY ARNESON

DIRECTOR

Board

Details

EIN922314832
NTEE codeN70
Subsection03
Ruling date2023-03
Formed2022
Employees0
LAKE MINNETONKA TRIATHLON INC — Mission, Financials & Grants Received | Grantivo