2023-11-14T10:10:22-07:00 2022-12-31 271375413 BWK Rogers PC 431 South 7th Street Suite 2424 Minneapolis MN 55415 990 2022-01-01 474208106 V3 SPORTS INC V3SP 8338377678 701 Plymouth Ave N Ste 102 Minneapolis MN 55411 Jacqueline D Strebe Director of Finance 8338377678 2023-11-10 1 1 Melissa J Baraibar P02464922 6123325446 2023-11-06 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Analyah Schlaeger dos Santos 701 Plymouth Ave N Ste 102 Minneapolis MN 55411 16179207 0 X v3sports.org X 2015 MN Providing health, wellness, equity, and opportunity through fitness, water safety, education, and economic impact. 12 10 10 80 -281447 0 5722893 16040095 0 1007 3961 26840 -193659 -281447 5533195 15786495 0 0 0 0 44175 183040 98450 74767 281939 247455 378016 390080 635823 5143115 15150672 11391431 17621946 6693464 1279408 4697967 16342538 Providing health, wellness, equity, and opportunity through fitness, water safety, education, and economic impact. 0 0 116226 0 1007 V3 Programming delivered for North Minneapolis community members: 1. Swimming lessons 2. Lifeguard training and 3. Swim instructor training. V3 also held fitness events in the community. 0 0 0 116226 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MN X The Organization 8338377678 701 Plymouth Ave N Minneapolis MN 55411 Jane Townsend Managing Director 40 0 X 72231 0 0 Isaac De Souza Director 1 0 X 14715 0 0 Ezra Hyland Director 0.5 0 X 0 0 0 Melissa Froehle Director 0.5 0 X 0 0 0 David Plummer Director 0.5 0 X 0 0 0 Jerome Treadwell Director 0.5 0 X 0 0 0 Henry Lake Director 0.5 0 X 0 0 0 Tamera Williams Director 0.50 0 X 0 0 0 Wokie Weah Director 0.5 0 X 0 0 0 Laura Shingler Director 0.5 0 X 0 0 0 Tru Pettigrew Director 0.5 0 X 0 0 0 Analyah Schlaeger Dos Santos Director and Chair 2 0 X X 0 0 0 Sherman Patterson Jr Chair 2 0 X X 0 0 0 Darrell Thompson Treasurer 0.5 0 X X 0 0 0 Ricky Margarit Treasurer 2 0 X X 0 0 0 Erika Binger Founding Director and Coach 20 0 X 0 0 0 86946 0 0 0 0 0 0 0 0 0 0 0 0 16040095 4176004 16040095 Program Revenue 611620 1007 1007 0 0 0 0 0 0 1007 26840 0 0 26840 0 0 0 0 0 0 0 0 111265 0 392712 0 -281447 0 -281447 0 -281447 0 0 0 0 0 15786495 1007 -281447 26840 X 165170 2939 99231 63000 2773 2773 15097 286 9208 5603 65217 65217 53004 53004 74767 74767 161609 87637 0 73972 84363 24512 59851 11895 828 9368 1699 751 24 453 274 Permits and Fees 325 0 325 0 852 852 635823 116226 237658 281939 221650 1071700 3492558 9293436 827846 4356 5470 579 1202796 0 4595921 1202796 3071476 5225589 11391431 17621946 144299 1279408 6527696 21469 0 6693464 1279408 X 4697967 14284388 0 2058150 4697967 16342538 11391431 17621946 X 15150672 0 0 0 -29093 -3477008 X 0 1 X 1 0 X 9225 42946 29292 5722643 16040095 21844201 1007 1007 9225 42946 29292 5722643 16041102 21845208 201254 6675816 6877070 0 0 0 201254 6675816 6877070 14968138 5 2 3498 26840 30345 0 5 2 3498 26840 30345 1 1063 1064 9226 42951 29294 5727204 16067942 21876617 0.68421 0.96453 0.00139 0.00064 X Schedule A, Part III, Line 12 Other Income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1202796 1202796 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1202796 Construction in Progress 5186208 Other Receivable 39381 5225589 0 0 X 16179607 0 400 0 0 400 16179207 0 -392712 -392712 15786495 1028935 400 0 0 392712 393112 635823 0 0 0 635823 Schedule D, Part X, Line 2 The Organization's activities are generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. Since the Organization is exempt from federal and state income tax liability, no provision is made for current or deferred income tax expense. The Organization is not a private foundation. The Organization is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The Organization files an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS to report its unrelated business taxable income. Management is not aware of any transactions that would impact the Organization's tax-exempt status. The Organization follows the guidance of the Accounting Standard Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the years ended December 31, 2022 and 2021, management of the Organization is not aware of any material uncertain tax positions. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns. Schedule D, Part XI, Line 4b Rental Expenses Schedule D, Part XII, Line 2d Rental Expenses X X X X X 1 Blaseg Fundraising LLC 8086 E Lake Carlos Drive NE Carlos MN 56319 Fundraising 0 0 73000 -73000 0 73000 -73000 MN X 6 4176004 FMV 0 0 1 0 Form 990, Part VI, Section B, Line 11b The Board of Directors reviews and approves the Form 990. Form 990, Part VI, Section B, Line 12c Monitoring and enforcing compliance with the conflict of interest policy. Officers are required to review annually the Organization's conflict of interest policy and disclose any conflicts arising at that time or any subsequent time. All conflicts of interest are resolved in accordance with the conflict of interest policy. Form 990, Part VI, Section C, Line 19 The Organization makes it governing documents, conflict of interest policy, and financial statements available upon request at the Organization's address. Form 990, Part IX, Line 11g Marketing $60,756, Other Professional Services $100,853 Form 990, Part XI, Line 9 Loss on Disposal of Assets