Fox Lake Area Sports Commission is located in Welcome, MN. The organization was established in 2002. 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. Fox Lake Area Sports Commission 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 12/2021, Fox Lake Area Sports Commission generated $9.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $4.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TWO BASEBALL AND TWO SOFTBALL FIELDS ARE BUILT IN AN AREA THAT WILL BE SAFE FOR KIDS TO PLAY AND WATCH GAMES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Ringnell Chairman | 1 | $0 | |
David Krumwiede Chairman | 1 | $0 | |
Randy Grupe Director | 1 | $0 | |
David Traetow Director | 1 | $0 | |
Don Rudolph Director | 1 | $0 | |
Mark Stoffel Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,850 |
Total Program Service Revenue | $3,450 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,720 |
Other Revenue | $0 |
Total Revenue | $9,020 |
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 | $325 |
Occupancy, rent, utilities, and maintenance | $2,827 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,232 |
Total expenses | $4,384 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,328 |
Other assets | $0 |
Total assets | $22,659 |
Total liabilities | $0 |
Net assets or fund balances | $22,659 |
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