Arkansas State Usbc
- Assets
- $106.8k
- Revenue
- $118.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Conway, AR
- Founding
- 09/2004
- Data as of
- 07/2020
- EIN
- 20-3322025
Organization Overview
Arkansas State Usbc is located in Conway, AR. The organization was established in 2004. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Arkansas State Usbc 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 07/2020, Arkansas State Usbc generated $118.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $118.2k during the year ending 07/2020. While expenses have increased by 15.6% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE TOURNAMENT OPPORTUNITIES TO THE ADULT AND YOUTH BOWLERS IN ARKANSAS. WE ALSO DO FUNDRAISING FOR THE BOWLERS TO VETERANS LINK AND BOWL FOR THE CURE. WE PROVIDE SCHOLARSHIPS TO OUR YOUTH BOWLERS AS WELL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HOSTED 3 EVENTS AND HAD TO REFUND ENTRY FEES COLLECTED FOR 5 EVENTS THAT WERE CANCELED DUE TO COVID
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Burrow Association Manager | Officer | 10 | $4,523 |
Laura Childress President | Officer | 2 | $0 |
Dena Bunch 1st Vice President | Officer | 2 | $0 |
Connie Lawrence 2nd Vice President | Officer | 1 | $0 |
Fran Cranmer Sgt At Arms | Officer | 0 | $0 |
Russel Bunch Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,060 |
| Investment income | $237 |
| 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 | $118,690 |
| 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 | $108,003 |
| Compensation of current officers, directors, key employees. | $4,293 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,170 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,862 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $441 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,359 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $118,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,070 |
| Savings and temporary cash investments | $50,436 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $978 |
| Prepaid expenses and deferred charges | $1,133 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,175 |
| Total assets | $106,792 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $106,792 |
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