THE HENDRICKSON FOUNDATION INC

EIN: 452880118 501(c)(3) Recreation & Sports

RICHFIELD, MN

Total Revenue
$620,798
Total Expenses
$627,388
Total Assets
$272,828
Net Assets
$250,591
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MN
Principal Officer
DANIEL HENDRICKSON
Phone
6123087575
Tax Period
2023-07-01 to 2024-06-30

THE HENDRICKSON FOUNDATION INC, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $621K in total revenue in fiscal year 2023.

Mission

THE HENDRICKSON FOUNDATION SEEKS TO ENRICH THE LIVES OR INDIVIDUALS WITH DISABILITIES, AND THEIR FAMILIES, THROUGH THE GAME OF HOCKEY. OUR FOCUS IS TO MAKE HOCKEY ACCESSIBLE FOR ALL WHO WANT TO PLAY THE GAME. BY SUPPORTING ADAPTIVE AND WARRIOR HOCKEY PROGRAMS' GROWTH AND PARTICIPATIONS NATIONWIDE, WE AIM TO BREAK BARRIERS AND PROMOTE INCLUSIVITY IN THE GAME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $481,234
Program Service Revenue $0
Investment Income $7,889
Other Revenue $131,675
TOTAL REVENUE $620,798

Expense Breakdown

Grants Paid $395,676
Salaries & Benefits $117,339
Fundraising Expenses $23,468
Program Expenses $485,684
Other Expenses $114,373
TOTAL EXPENSES $627,388

Year-over-Year Comparison

2023 2022 Change
Revenue $620,798 $594,548 +0.0%
Expenses $627,388 $483,553 +0.3%
Net Income $-6,590 $110,995 -1.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$85,580
Total Directors
7
$49,125
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN HENDRICKSON COMMUNICATION & MARKETING 25.00
Director
$49,125 $0 $49,125
PAT ELLIOTT CO-FOUNDER & LEGAL COUNCIL 1.00
Director
$0 $0 $0
PETER GUNDERSON DEVELOPMENT 1.00
Director
$0 $0 $0
CHRISTINE HENDRICKSON-KRSNIK CORPORATE GIVING 1.00
Director
$0 $0 $0
DAVE LENZMEIER BOARD CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MIKE MACMILLAN CO-FOUNDER & LEGAL COUNCIL 1.00
Director
$0 $0 $0
LAURA MEYER VOLUNTEER COORDINATOR & OP 1.00
Director
$0 $0 $0
DANIEL HENDRICKSON EXECUTIVE DIRECTOR 30.00
Officer
$85,580 $0 $85,580
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $620,798 $627,388 $272,828 $-6,590
2023 $594,548 $483,553 $257,603 $110,995
2022 $489,737 $482,497 $146,783 $7,240
2021 $290,873 $317,341 $139,543 $-26,468
2020 $285,573 $293,596 $166,311 $-8,023
2019 $420,711 $332,382 $174,095 $88,329
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