Minnehaha Archers Inc
- Assets
- $250.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 02/1991
- Data as of
- 12/2021
- EIN
- 23-7243533
Organization Overview
Minnehaha Archers Inc is located in Sioux Falls, SD. The organization was established in 1991. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Minnehaha Archers Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Minnehaha Archers Inc generated $45.0k 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 (5.1%) each year. All expenses for the organization totaled $61.0k during the year ending 12/2021. 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
JUNIOR OLYMPIC ARCHERY DEVELOPMENT PROGRAM FOR YOUTH. OVER 100 KIDS HAVE PARTICIPATED IN THIS PROGRAM SINCE ITS INCEPTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Disanto Vice-President | 1 | $0 | |
Tom Fullerton Board Member | 10 | $0 | |
Mark Smedsrud Board Member | 10 | $0 | |
Doug Ellis President | 10 | $0 | |
Dennis Husman Board Member | 10 | $0 | |
Carl Swenson Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,250 |
| Total Program Service Revenue | $6,026 |
| Membership dues | $21,109 |
| Investment income | $12,879 |
| Gain or Loss | $3,644 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,029 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,338 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,151 |
| Occupancy, rent, utilities, and maintenance | $12,110 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,349 |
| Total expenses | $60,998 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,518 |
| Other assets | $0 |
| Total assets | $250,680 |
| Total liabilities | $0 |
| Net assets or fund balances | $250,680 |
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