Minnetonka Track & Field And Cross Country Association
- Assets
- $180.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 08/2005
- Data as of
- 12/2022
- 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 12/2022, Minnetonka Track & Field And Cross Country Association generated $55.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $61.5k during the year ending 12/2022. 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
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 |
|---|---|---|---|
Meghan Becker Board Member | 1 | $0 | |
Brian Hoelscher Treasurer | 5 | $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 | $1,266 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $392 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $53,856 |
| Other Revenue | $0 |
| Total Revenue | $55,514 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $635 |
| Other expenses | $60,370 |
| Total expenses | $61,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $180,122 |
| Other assets | $0 |
| Total assets | $180,329 |
| Total liabilities | $3,422 |
| Net assets or fund balances | $176,907 |