Worthington Okabena Windsurfers Inc
- Assets
- $49.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worthington, MN
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 01-0747599
Organization Overview
Worthington Okabena Windsurfers Inc is located in Worthington, MN. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worthington Okabena Windsurfers Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Worthington Okabena Windsurfers Inc generated $138.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $117.1k during the year ending 12/2022. While expenses have increased by 10.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WINDSURFING RACES/COMPETITIONS/LESSONS ARE HELD IN CONJUNCTION WITH AN UNVARNISHED MUSIC FESTIVAL IN WORTHINGTON, MINNESOTA. A FESTIVAL ATMOSPHERE ALLOWS THE GENERAL PUBLIC TO VIEW AND PARTICIPATE IN THE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Miller President | 1 | $0 | |
Yoli Salas Vice Preside | 1 | $0 | |
Dave Bullerman Secretary/tr | 1 | $0 | |
Marc Gustafson Director | 0.5 | $0 | |
Dustin Hahn Director | 0.5 | $0 | |
Mackenzie Jueneman Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $138,898 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,904 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,755 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $113,387 |
| Total expenses | $117,142 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,067 |
| Other assets | $0 |
| Total assets | $49,067 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,067 |