Lake Chelan Multisports Foundation
- Assets
- $191.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chelan, WA
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 20-8303234
Organization Overview
Lake Chelan Multisports Foundation is located in Chelan, WA. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Chelan Multisports Foundation 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, Lake Chelan Multisports Foundation generated $1.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (45.7%) each year. All expenses for the organization totaled $3.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (38.2%) 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
PROMOTION OF FITNESS, EDUCATION AND HEALTH BY PUTTING ON A RACE EVENT THAT HAS HUNDREDS OF PARTICIPANTS. SUPPORT OF MANY LOCAL YOUTH ACTIVITIES AND PROGRAMS THAT PROMOTE ARTS, LITERATURE AND WELLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret Pittsinger Treasurer | 5 | $0 | |
Julie Pittsinger President | 5 | $0 | |
Tara Elsner Secretary | 5 | $0 | |
Craig Elsner Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,500 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,384 |
| Total expenses | $3,384 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $190,985 |
| Other assets | $0 |
| Total assets | $190,985 |
| Total liabilities | $3,165 |
| Net assets or fund balances | $187,820 |
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