Golden Broncho Club Inc is located in Lafayette, IN. The organization was established in 1981. According to its NTEE Classification (G61) the organization is classified as: Asthma, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden Broncho Club Inc 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 08/2022, Golden Broncho Club Inc generated $232.6k 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 (18.2%) each year. All expenses for the organization totaled $283.4k during the year ending 08/2022. 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
ORGANIZATION WAS FORMED TO SUPPORT AMATEUR ATHLETICS AT A LOCAL HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ORGANIZATION THAT SUPPORTS ATHLETIC PROGRAMS AND RECOGNIZED STUDENT ATHLETIC ACHIEVEMENT AT LAFAYETTE JEFFERSON HIGH SCHOOL IN LAFAYETTE, INDIANA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Hamrick Director | OfficerTrustee | 1 | $0 |
James Olds Treasurer | OfficerTrustee | 1 | $0 |
Justin Gardiner Second VP | OfficerTrustee | 1 | $0 |
Jennifer Edwards President | OfficerTrustee | 1 | $0 |
Marcia Denney Secretary | Officer | 1 | $0 |
Dick Murray Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $23,310 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,310 |
Total Program Service Revenue | $0 |
Investment income | $146,162 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $63,173 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $232,645 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $57,000 |
Grants and other assistance to domestic individuals. | $223,994 |
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 | $1,499 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $283,418 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $88,915 |
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 | $6,441,330 |
Investments—publicly traded securities | $1,935,714 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,465,959 |
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 | $6,763,831 |
Net assets with donor restrictions | $1,702,128 |
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 | $8,465,959 |
Over the last fiscal year, we have identified 2 grants that Golden Broncho Club Inc has recieved totaling $10,046.
Awarding Organization | Amount |
---|---|
Scheumann Foundation Inc Lafayette, IN PURPOSE: GENERAL FUND | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Beg. Balance | $230,890 |
Earnings | -$18,154 |
Net Contributions | $20,850 |
Ending Balance | $233,586 |
Organization Name | Assets | Revenue |
---|---|---|
Golden Broncho Club Inc Lafayette, IN | $8,465,959 | $232,645 |
Illinois Society For Respiratory Care Decatur, IL | $45,328 | $0 |
Missouri Society For Respiratory Care Joplin, MO | $284,326 | $0 |
Indiana Society For Respiratory Care Indianapolis, IN | $257,610 | $0 |
Christopher D Redding Youth Asthma Foundation Lake Zurich, IL | $30,717 | $0 |