Next Step Archery
- Assets
- $101.8k
- Revenue
- $316.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Mountlake Terrace, WA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 27-3271770
Organization Overview
Next Step Archery is located in Mountlake Terrace, WA. The organization was established in 2014. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Next Step Archery employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Step Archery 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, Next Step Archery generated $316.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $248.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH, PROMOTE AND ENCOURAGE THE SPORT OF ARCHERY WITH ADULTS AND YOUTH BY PROVIDING EDUCATION, SUPPORT AND AVENUES OF COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO TEACH, PROMOTE AND ENCOURAGE THE SPORT OF ARCHERY WITH ADULTS AND YOUTH BY PROVIDING EDUCATION, SUPPORT AND AVENUES OF COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrin Barry Vice President | Trustee | 5 | $38,500 |
Timm Hines Director | Trustee | 5 | $0 |
Brad Owen Director | Trustee | 5 | $0 |
Rob Cook Director | Trustee | 5 | $0 |
Robert Hickey President | Trustee | 5 | $0 |
William Chao Treasurer | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,429 |
| Total Program Service Revenue | $264,663 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $486 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $316,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,596 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,537 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,135 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $843 |
| Insurance | $3,863 |
| All other expenses | $7,652 |
| Total functional expenses | $248,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,202 |
| Savings and temporary cash investments | $27,159 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,216 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,774 |
| Other assets | $495 |
| Total assets | $101,846 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,030 |
| Total liabilities | $42,030 |
| Net assets without donor restrictions | $59,816 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $101,846 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Next Step Archery has recieved totaling $59.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $59 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Society Of Certified Public Accountants Bellevue, WA | $11,573,486 | $8,726,850 |
Athletic Edge Salem, OR | $716,620 | $2,012,324 |
Great Northwest Athletic Conference Clackamas, OR | $499,014 | $1,563,871 |
Crystal Mountain Alpine Club Bellevue, WA | $360,515 | $735,137 |
Green Sports Alliance Portland, OR | $809,595 | $860,584 |
Blue Royals Volleyball Academy Mukilteo, WA | $291,744 | $721,595 |
Salle Auriol Fencing Club Inc Tigard, OR | $457,445 | $579,672 |
Rmd Community Sports Association Ravensdale, WA | $30,064 | $465,210 |
Riverside Gymnastics Academy Booster Club The Dalles, OR | $188,919 | $318,923 |
Incline Sports Corporation Eugene, OR | $206,407 | $257,667 |
Absolute Blast Elite Youth Training And Playing Association Issaquah, WA | $86,887 | $338,024 |
Next Step Archery Mountlake Terrace, WA | $101,846 | $316,578 |