Public Charity

V3 SPORTS INC

Based in MINNEAPOLIS, MN, V3 SPORTS INC operates as a Public Charity. The organization reported $2.7M in revenue, $10.4M in expenses, $22.5M in total assets for fiscal year 2024. Imperigo tracks 19 reported grant relationships connected to this organization totaling approximately $2.4M.

EIN: 474208106 MINNEAPOLIS, MN Latest filing: 2024
Total Revenue$2.7M
Total Expenses$10.4M
Total Assets$22.5M
Grant Records19
Funding Total$2.4M
Filing Years2020–2024

Mission

THE MISSION OF V3 SPORTS IS TO ELEVATE ITS COMMUNITY (NORTH MINNEAPOLIS) THROUGH WELLNESS, FITNESS, AND EDUCATION. IN SERVING ITS MISSION, V3 SPORTS OPERATES THE V3 CENTER IN NORTH MINNEAPOLIS AND RUNS CULTURALLY RELEVANT PROGRAMMING THROUGH ITS STATE-OF-THE-ART AQUATICS, FITNESS AND COMMUNITY CENTER, WHICH HOSTS A CHILDCARE SERVICE, A BOYS AND GIRLS CLUB BRANCH AND A LOCALLY-OWNED RESTAURANT.

Officers & Directors

BOARD CHAIR Analyah Schlaeger Dos Santos
DIRECTOR Darrell Thompson
DIRECTOR David Plummer
DIRECTOR Dr Ayanna Rakhu
FOUNDING DIRECTOR AND COACH Erika Binger
DIRECTOR Ezra Hyland

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL
$1,052,500 1 grant
DONOR-RECOMMENDED, SPORTS & RECREATION
$500,000 1 grant
HUMAN SERVICES
$350,000 2 grants
V3 CENTER, HEALTH AND WELLNESS FACILITY IN NORTH MINNEAPOLIS
$250,000 1 grant
For grant recipient's exempt purposes
$141,500 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $10.4M $22.5M
2023 $23.2M $14.5M $27.9M
2022 $15.8M $636K $17.6M
2021 $11.4M
2020 $-36K $146K $6.1M

Between 2020 and 2024, reported annual revenue moved from $-36K to $2.7M, with total assets most recently reported at $22.5M.

Interactive year-over-year charts and full filing details available with membership.

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