National Archery Buyers Association Inc is located in New Ulm, MN. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Archery Buyers Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, National Archery Buyers Association Inc generated $213.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $298.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE BUYING POWER FOR BUSINESSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARCHERY PRODUCT BUYER SHOWS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelly Kelly Executive Director | Trustee | 40 | $79,171 |
Ginny Rusch Secretary | Trustee | 1 | $0 |
Melanie Debusk Board Member | Trustee | 1 | $0 |
Randy Phillps Board Member | Trustee | 1 | $0 |
Brandon Hill Vice President - Finance | Officer | 2 | $0 |
Gary Kinard President | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,383 |
Investment income | $449 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $213,791 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $79,171 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $5,215 |
Other employee benefits | $7,200 |
Payroll taxes | $6,316 |
Fees for services: Management | $0 |
Fees for services: Legal | $30,363 |
Fees for services: Accounting | $2,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $489 |
Advertising and promotion | $396 |
Office expenses | $4,436 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $30,445 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,071 |
Insurance | $1,575 |
All other expenses | $0 |
Total functional expenses | $298,371 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $263,128 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,894 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $22,796 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $311,739 |
Accounts payable and accrued expenses | $10,613 |
Grants payable | $0 |
Deferred revenue | $54,491 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $65,104 |
Net assets without donor restrictions | $246,635 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $246,635 |