Fairmont Area Football Association Inc
- Assets
- $58.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairmont, MN
- Founding
- 08/2010
- Data as of
- 12/2023
- 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 12/2023, Fairmont Area Football Association Inc generated $48.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $38.5k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 5 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 |
|---|---|---|---|
Ned Koppen President | 2 | $0 | |
Rhonda Hines Secretary | 2 | $0 | |
Jerome Gerdts Treasurer | 2 | $0 | |
Doug Abel Vice Preside | 1 | $0 | |
Myron Moeller Director | 1 | $0 | |
Mat Mahoney Director/coa | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,230 |
| Total Program Service Revenue | $5,505 |
| Membership dues | $0 |
| Investment income | $108 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,018 |
| Other Revenue | $0 |
| Total Revenue | $48,861 |
| 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 | $60 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,478 |
| Total expenses | $38,538 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,093 |
| Other assets | $0 |
| Total assets | $58,093 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,093 |