Loon Freestyle Inc
- Assets
- $193.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NH
- Founding
- 09/1993
- Data as of
- 05/2024
- EIN
- 02-0459622
Organization Overview
Loon Freestyle Inc is located in Lincoln, NH. The organization was established in 1993. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loon Freestyle Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2024, Loon Freestyle Inc generated $182.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $191.9k during the year ending 05/2024. While expenses have increased by 10.1% per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
AN ORGANIZATIONAL FRAMEWORK IS PROVIDED TO GROUPS OF CHILDREN, AFFORDING THEM WITH HIGH LEVEL TRAINING IN THE SPORT OF FREESTYLE SKIING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Canes Co-President | 5 | $0 | |
Jessica Harney Co-President | 5 | $0 | |
Carolyn Beatty Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,916 |
| Total Program Service Revenue | $156,850 |
| Membership dues | $0 |
| Investment income | $174 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,940 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $126,120 |
| Professional fees and other payments to independent contractors | $5,056 |
| Occupancy, rent, utilities, and maintenance | $3,133 |
| Printing, publications, postage, and shipping | $57,620 |
| Other expenses | $0 |
| Total expenses | $191,929 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,649 |
| Other assets | $0 |
| Total assets | $193,744 |
| Total liabilities | $0 |
| Net assets or fund balances | $193,744 |