728 Cadets Corp
- Assets
- $3.5k
- Revenue
- $229.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Elk River, MN
- Founding
- 04/2009
- Data as of
- 09/2023
- EIN
- 21-0912452
Organization Overview
728 Cadets Corp is located in Elk River, MN. The organization was established in 2009. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 728 Cadets Corp 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 09/2023, 728 Cadets Corp generated $229.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $248.4k during the year ending 09/2023. While expenses have increased by 10.4% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE 728 CADETS ORGANIZATION AIMS TO TEACH STUDENTS THROUGH LIFE EXPERIENCES WHILE THEY PURSUE EXCELLENCE IN THE ULTIMATE SPORT OF MUSIC IN MOTION. BY DOING SO, STUDENTS CAN EXPERIENCE ENJOYMENT AND ESTEEM WHILE COMBINING THE BEST OF ATHLETICS, EDUCATION, AND THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RIVER VALLEY WINTER ARTS: TWO OF OUR WINTER ARTS GROUPS (PERCUSSION AND WINDS) TRAVELLED TO DAYTON, OH IN APRIL OF 2023 TO COMPETE IN THE WGI WORLD CHAMPIONSHIPS. OUR WINTER GUARD GROUP TRAVELLED TO INDIANAPOLIS, IN FOR THE WGI REGIONAL COMPETITION AS A COST-SAVING MEASURE DUE TO LOWER ENROLLMENT. THERE THEY WERE ABLE TO PERFORM AGAINST GROUPS FROM ACROSS THE ENTIRE UNITED STATES. BOTH OUR PERCUSSION AND WINDS GROUPS MADE IT PAST PRELIMS AND SEMI-FINALS TO THE FINAL ROUND OF COMPETITION, PERCUSSION FINISHING 15TH AND WINDS FINISHING 8TH. OUR WINTER GUARD GROUP MADE IT PAST PRELIMS AND TOOK FIRST PLACE IN FINALS. ALL THREE GROUPS TOOK WITH THEM MEMORIES THAT PROVIDED EXPERIENCE AND GROWTH, AND ALL HAD FUN DOING IT. A PORTION OF EACH STUDENT PERFORMER'S MEMBERSHIP DUES IS ATTRIBUTED TO THEIR TRIP EXPENSE. THAT IS REPRESENTED BELOW IN THE REVENUE.
THE SUMMER MARCHING BAND PERFORMED IN COMMUNITIES ACROSS THE STATE OF MINNESOTA THIS PAST FISCAL YEAR. THE REVENUE GENERATED TO SUPPORT THIS PROGRAMMING IS A COMBINATION OF STUDENT PARTICIPATION DUES, DONATIONS, AND CORPORATE AND CIVIC SPONSORSHIPS. EXPENSES INCURRED INCLUDE BUT ARE NOT LIMITED TO BUS TRANSPORTATION FOR COMPETITIONS, UNIFORMS, INSTRUMENTS UPKEEP AND REPAIRS, AND TRAILER MAINTENENCE.
CONTRACTUAL PAYMENTS WHICH ARE INVOICED BY AND PAID TO THE SCHOOL DISTRICT FOR FACILITES AND PROFESSIONAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Ahrens Board Member | Trustee | 10 | $0 |
Amanda Hora Board Member | Trustee | 5 | $0 |
Justin Hora Board Member | Trustee | 15 | $0 |
Makayla Wijeratne Board Member | Trustee | 10 | $0 |
Brad Peterson Board Member | Trustee | 15 | $0 |
Tiffany Gruidl Board Member | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $165,935 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $229,646 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $229,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| 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 | $44,879 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $76,769 |
| 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 | $43,881 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $248,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,513 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,513 |
| 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 | $3,513 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,513 |