Mountain Bike Minnesota Inc
- Assets
- $54.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burnsville, MN
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-0173036
Organization Overview
Mountain Bike Minnesota Inc is located in Burnsville, MN. The organization was established in 2009. 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. Mountain Bike Minnesota 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 12/2022, Mountain Bike Minnesota Inc generated $119.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $126.3k during the year ending 12/2022. While expenses have increased by 11.1% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Lund President | 11 | $0 | |
Adam Emanoff Director | 5 | $0 | |
Sam Oftendahl Director, Secretary | 5 | $5,500 | |
Sarah Lenzen Director, Treasurer | 7 | $0 | |
Rich Omdahl Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58 |
| Total Program Service Revenue | $102,715 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $17,000 |
| Total Revenue | $119,776 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,500 |
| Professional fees and other payments to independent contractors | $25,024 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,046 |
| Other expenses | $92,712 |
| Total expenses | $126,307 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,373 |
| Other assets | $0 |
| Total assets | $54,889 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,889 |