Spensers Underground Inc
- Assets
- $170.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spirit Lake, IA
- Founding
- 05/2011
- Data as of
- 12/2020
- EIN
- 27-2463559
Organization Overview
Spensers Underground Inc is located in Spirit Lake, IA. The organization was established in 2011. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spensers Underground 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 12/2020, Spensers Underground Inc generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $22.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
SPRING BANQUET EXPENSE
SPRING BANQUET EXPENSE
SPRING BANQUET EXPENSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Baskerville Director | 0 | $0 | |
Sandy Baskerville Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,914 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,914 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,811 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,291 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,601 |
| Total expenses | $22,703 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,779 |
| Other assets | $0 |
| Total assets | $170,469 |
| Total liabilities | $96,201 |
| Net assets or fund balances | $74,268 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Spensers Underground Inc has recieved totaling $118.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $118 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shining Star Youth & Community Services Chicago, IL | $3,676,399 | $6,489,608 |
Optimist International Saint Louis, MO | $4,353,135 | $4,531,047 |
Millard United Sports Omaha, NE | $2,238,363 | $3,321,799 |
Jackie Joyner-Kersee Foundation East Saint Louis, IL | $8,631,994 | $3,358,244 |
Off The Street Club Chicago, IL | $13,861,023 | $2,690,813 |
Boys And Girls Clubs Of The Columbia Area Columbia, MO | $4,174,183 | $2,636,782 |
Hope Center Inc Omaha, NE | $5,012,297 | $2,174,111 |
Roseland Youth Center Chicago, IL | $11,665,313 | $1,985,848 |
Boys And Girls Club Of Lake County Waukegan, IL | $1,643,102 | $2,308,678 |
Inner City Impact Chicago, IL | $3,182,913 | $1,669,000 |
Freedom For Youth Ministries Des Moines, IA | $3,745,728 | $1,950,742 |
Boys & Girls Brigade Association Inc Neenah, WI | $11,560,870 | $1,538,750 |