Minnetonka Track & Field And Cross Country Association
- Assets
- $184.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 20-1561238
Organization Overview
Minnetonka Track & Field And Cross Country Association is located in Minnetonka, MN. The organization was established in 2005. 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. Minnetonka Track & Field And Cross Country Association 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, Minnetonka Track & Field And Cross Country Association generated $54.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 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
WE PROVIDE GOODS AND SERVICES TO MEMBERS OF OUR COMMUNITY. THE CORPORATION PROVIDES SUPPORT TO THE PUBLIC HIGH SCHOOL, MIDDLE SCHOOLS, AND GRADE SCHOOLS OF MINNETONKA, MN. THE ORGANIZATION PROVIDES SUPPORT FOR THE CROSS COUNTRY CAMP THE HIGH SCHOOL ATTENDS, THE ANNUAL RECOGNITION BANQUET HELD AT THE END OF EACH SEASON, TEAM APPAREL FOR THE TRACK AND CROSS COUNTRY TEAMS, THE PRODUCTIONS OF TEAM POSTERS, FUNDING FOR ADDITIONAL COACHES, TEAM PROMOTIONS AND ANY OTHER ASSISTANCE AS NEEDED BY THE TEAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Hoelscher Treasurer | 5 | $0 | |
Meghan Becker Board Member | 1 | $0 | |
Paul Borowski Board Member | 1 | $0 | |
David Halbmaier President | 1 | $0 | |
Ingrid Steele Vice President | 1 | $0 | |
Bonnie Sons Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,676 |
| Total Program Service Revenue | $815 |
| Membership dues | $0 |
| Investment income | $128 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $52,092 |
| Other Revenue | $0 |
| Total Revenue | $54,711 |
| 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 | $470 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $562 |
| Other expenses | $31,614 |
| Total expenses | $32,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $183,811 |
| Other assets | $0 |
| Total assets | $184,018 |
| Total liabilities | $1,120 |
| Net assets or fund balances | $182,898 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnetonka Track & Field And Cross Country Association has recieved totaling $69.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grandmas Marathon Duluth Inc Duluth, MN | $4,529,523 | $3,514,525 |
Usa Clay Target League Eagan, MN | $1,267,194 | $3,236,023 |
Southeast Iowa Regional Riverboat Commission Burlington, IA | $1,006 | $1,423,329 |
Red Wing Municipal Golf Corporation Red Wing, MN | $103,417 | $1,088,707 |
Americas Agricultural Industrial Heritage Landscape Inc Waterloo, IA | $639,960 | $847,872 |
Ahrens Park Foundation Grinnell, IA | $5,714,347 | $745,032 |
Quad Cities Atv Club Inc Virginia, MN | $31,684 | $814,248 |
Fargo Airsho Inc Fargo, ND | $345,922 | $887,899 |
Grand Forks Youth Hockey Association Grand Forks, ND | $611,730 | $993,625 |
Sanford Center Sioux City, IA | $728,408 | $675,442 |
Motion Volleyball Program Sussex, WI | $0 | $418,328 |
Heritage Hill Corporation Green Bay, WI | $165,713 | $495,204 |