Hg Lacrosse
Nonprofit profile at a glance
- EIN
- 464991812
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Minneapolis, MN, USA
- Phone
- 6128233919
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $124,508
- Expenses
- $31,409
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DANIEL LIPKIN (PRESIDENT)
Highest reported compensation
- ARON LIPKIN (EXECUTIVE DI): $123,700 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of hg lacrosse is to build a community that inspires and empowers players to excel in life and lacrosse.
What it reported doing in 2024
Hg lacrosse leagues provide a fun, safe, and structured enviroment where adult players of all ages and skill can compete, develop their game and stay connected with teammates/friends.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 25
- Transparency & Controls: 90
- Accountability: 84
- Sustainability: 46
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 13.1%; rating input score 13
- Program expense ratio: 52%; rating input score 52
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 74.8%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -4.1% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: 13.9% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: -22.2% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 13.1% of revenue deployed · 52% of spending went to programs
- Governance: 3 of 3 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $124K · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 13/100.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.