Marshall Hoops Club
- Assets
- $74.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marshall, MN
- Founding
- 03/2009
- Data as of
- 05/2024
- EIN
- 26-3782489
Organization Overview
Marshall Hoops Club is located in Marshall, MN. The organization was established in 2009. According to its NTEE Classification (N62) the organization is classified as: Basketball, 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. Marshall Hoops Club 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 05/2024, Marshall Hoops Club generated $90.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $75.6k during the year ending 05/2024. While expenses have increased by 15.5% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Christianson President | 15 | $3,500 | |
Travis Carroll Operations D | 15 | $3,500 | |
Tony Mensink Hoops Direct | 3 | $0 | |
Shannon Baynard Booster Chai | 10 | $0 | |
Nadine Weedman Hoops Secret | 5 | $0 | |
Jess Mensink Booster Secr | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,712 |
| Total Program Service Revenue | $0 |
| Membership dues | $36,166 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,039 |
| Other Revenue | $0 |
| Total Revenue | $90,927 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $33,517 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,022 |
| Occupancy, rent, utilities, and maintenance | $3,328 |
| Printing, publications, postage, and shipping | $248 |
| Other expenses | $18,532 |
| Total expenses | $75,647 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,011 |
| Other assets | $0 |
| Total assets | $74,011 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,011 |