V3 Sports Inc
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.
Key facts about V3 Sports Inc
In short: V3 Sports Inc gave $6.6M across 1 grant in 2024 (avg $6.6M), mostly in Minnesota. Source: 2024 IRS Form 990.
- EIN
- 47-4208106
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $6,620,240
- Grants made (2024)
- 1
- Average grant
- $6,620,240
- Median grant
- $6,620,240
- Total assets
- $22,537,987
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$22.5M
-19.2% YoY
Annual Giving
$6.6M
-48.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$6.6M
-48.9% YoY
About V3 Sports Inc
Based on IRS filings
V3 Sports Inc is a public charity focused on Recreation & Sports, based in Minneapolis, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.5M in total assets. In 2024, it awarded 1 grant totaling $6.6M. Net investment income was $280K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $6.6M (2024) to $13.0M (2023). In 2024 it made 1 grant totaling $6.6M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was V3 Foundation ($6.6M).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was $5M or more: 2 grants of 2 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| V3 Foundation Minneapolis, MN | For the Constructions of V3 Center | $6,620,240 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,537,987 | $27,898,282 | $17,621,946 |
| Revenue | $2,706,548 | $23,186,711 | $15,786,495 |
| Expenses | $10,389,238 | $14,480,727 | $635,823 |
| Net Investment Income | $279,654 | $150,484 | $26,840 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
V3 Sports Inc is led by Malik Rucker, Executive Director on every filing since 2023; 4 of 18 officers listed in 2024 are compensated.
Officers on the 2024 filing
Malik Rucker
Executive Director
On filings since 2023
40 hrs/week
$98K (2023) → $149K (2024)
Analyah Schlaeger Dos Santos
Board Chair
Director → Director & Chair, 2021
Director & Chair → Board Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Isaac De Souza
Director
On filings since 2020
0.5 hrs/week
$12K (2021) → $0 (2024)
Ayanna Rakhu
Director
On filings since 2023
0.5 hrs/week
$4K (2024)
Jacqueline D. Strebe
Director of Finance & Operations
On filings since 2023
40 hrs/week
$61K (2023) → $96K (2024)
Luke Day
Director of Facilities
New on the 2024 filing
40 hrs/week
$118K (2024)
Darrell Thompson
Director
Treasurer → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Erika Binger
Founding Director & Coach
President → Founding Director & Coach, 2021
On filings since 2020
20 hrs/week
No compensation reported
Ezra Hyland
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Henry Lake
Director
On filings since 2020
0.5 hrs/week
No compensation reported
David Plummer
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Jerome Treadwell
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Laura Shingler
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Tamera Williams
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Tru Pettigrew
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Melissa Froehle
Secretary
Director → Secretary, 2023
On filings since 2021
0.5 hrs/week
No compensation reported
Wokie Weah
Vice Chair
Director → Vice Chair, 2024
On filings since 2021
0.5 hrs/week
No compensation reported
Ricky Margarit
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Former officers (5)
- Former: Tamera Irwin (2020–2023) — Director
- Former: Jane Townsend (2021–2023) — Managing Director
- Former: Jerome Richardson (2023) — Director
- Former: Sherman Patterson Jr. (2020–2022) — Chair
- Former: Noah Huisman (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $149K, to Malik Rucker (Executive Director). 4 officers or directors reported compensation on that filing.
Frequently asked questions about V3 Sports Inc
How much does V3 Sports Inc give each year?
V3 Sports Inc gave $6.6M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $13.0M across 1 grant.
How large is V3 Sports Inc?
V3 Sports Inc reported $22.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.7M.
What is V3 Sports Inc?
V3 Sports Inc is a public charity focused on Recreation & Sports, based in Minneapolis, MN. It holds $22.5M in total assets as of 2024.
Where does V3 Sports Inc operate?
V3 Sports Inc has awarded grants in Minnesota.
What is V3 Sports Inc's EIN?
V3 Sports Inc's EIN (Employer Identification Number) is 47-4208106. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching V3 Sports Inc by hand.
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