Northstar Team Foundation

Nonprofit profile at a glance

EIN
680025877
IRS 990 coverage
2014–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Truckee, CA, USA
Phone
4155996181
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$655,711
Expenses
$686,405
Assets
$342,401
Liabilities
$985

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • TOBI ADOMOLEKUN (President)

People named in this filing

  • LAURIE CARRADE (Director)
  • KELLY COFFEY (Director)
  • JASON FREIDRICHS (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Produce gold medal athletes in life and sport

What it reported doing in 2024

The Northstar Team Foundation diligently directs its funds towards a wide array of initiatives that promote holistic growth within the athletic community. The Foundation supported over 500 athletes in the 2024-25 season. These athletes attended competitions locally, nationally, and internationally. The foundation's commitment to the athletic community extends beyond just physical resources; it also emphasizes personal development and well-being. In addition to the facility expansion of the training arena, the Northstar Team Foundation organizes various programs aimed at enriching the overall experience of its members. These initiatives include: Mentorship Programs: Experienced athletes and coaches provide guidance and support to younger members, fostering a culture of learning and collaboration. This peer-to-peer interaction not only enhances skills but also builds lasting relationships within the community.Mental Health Workshops: Recognizing the importance of mental well-being in sports, the foundation collaborates with a sports psychologist to offer workshops that help athletes manage stress, anxiety, and performance pressure. These sessions empower athletes to develop resilience, which is crucial for their overall success.Community Engagement Events: The foundation organizes events that encourage athletes and coaches to give back to the community. These initiatives not only foster a sense of responsibility but also strengthen ties with local organizations, creating a supportive network.Scholarship Opportunities: The Northstar Team Foundation offers scholarships for needs based and off season training opportunities. This financial support enables athletes to pursue higher levels of training as well as create an inclusive culture taking away the financial barrier.Hybrid Program: The Foundation facilitates off-season training camps for athletes at various locations locally and across the world. The program services nearly 100 athletes and creates a career pipeline for the coaching staff with year-round on and off hill opportunities.With these multifaceted initiatives, the Northstar Team Foundation is not only building better athletes and coaches but also nurturing well-rounded individuals who are prepared to face challenges both on and off the hill. The foundation's holistic approach embodies the spirit of dedication and community, ensuring that all members feel valued and supported in their journey toward excellence.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 94% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 94
  • Accountability: 82
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.9%; rating input score 96
  • Program expense ratio: 89.3%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -4.7%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 14.8% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 9% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 30th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 95.9% of revenue deployed · 89.3% of spending went to programs
  • Governance: 8 of 8 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $613K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.