Fairmont Area Football Association Inc
- Assets
- $53.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairmont, MN
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-2770569
Organization Overview
Fairmont Area Football Association Inc is located in Fairmont, MN. The organization was established in 2010. According to its NTEE Classification (N65) the organization is classified as: Football, 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. Fairmont Area Football Association 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 12/2021, Fairmont Area Football Association Inc generated $28.6k 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 (3.2%) each year. All expenses for the organization totaled $20.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. 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 |
|---|---|---|---|
Ned Koppen President | 2 | $0 | |
Rhonda Hines Secretary | 2 | $0 | |
Jerome Gerdts Treasurer | 2 | $0 | |
Myron Moeller Director | 1 | $0 | |
Doug Abel Vice Preside | 1 | $0 | |
Tom Seifert Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $340 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,296 |
| Other Revenue | $0 |
| Total Revenue | $28,642 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,435 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,929 |
| Total expenses | $20,364 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,170 |
| Other assets | $0 |
| Total assets | $53,170 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,170 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Sports Foundation Muscatine, IA | $670,242 | $1,057,460 |
Metro Youth Football Association Inc Cedar Rapids, IA | $156,989 | $347,788 |
Fm Athletics Inc Fargo, ND | $427,977 | $397,959 |
South Dakota Junior Football Inc Sioux Falls, SD | $702,910 | $297,675 |
Appleton Youth Football Association Inc Appleton, WI | $194,510 | $241,864 |
Edina Football Association Edina, MN | $380,632 | $221,667 |
Champion Professional Indoor Football League Sioux City, IA | $29,152 | $200,433 |
Lakeville Football Association Lakeville, MN | $166,644 | $218,668 |
Orono Youth Football Association Inc Long Lake, MN | $68,336 | $0 |
Andover Football Association Inc Andover, MN | $482,655 | $73,871 |
Blaine Youth Football Blaine, MN | $83,819 | $0 |
Lakeville North Football Boosters Lakeville, MN | $179,070 | $239,483 |