Minnetonka Hoops Booster Club Inc
- Assets
- $18.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 01/2013
- Data as of
- 07/2023
- EIN
- 27-3530273
Organization Overview
Minnetonka Hoops Booster Club Inc is located in Minnetonka, MN. The organization was established in 2013. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnetonka Hoops Booster Club 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 07/2023, Minnetonka Hoops Booster Club Inc generated $35.6k 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 (13.0%) each year. All expenses for the organization totaled $41.0k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT BOYS PARTICIPATING IN THE MINNETONKA HIGH SCHOOL BASKETBALL PROGRAMAPPROXIMATELY 65 STUDENTS BENEFITED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Stefonowicz Member | 1 | $0 | |
Eric Thomes President | 3 | $0 | |
Amy Vohs Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,878 |
| Total Program Service Revenue | $4,960 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,797 |
| Other Revenue | $0 |
| Total Revenue | $35,635 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,039 |
| Total expenses | $41,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,231 |
| Other assets | $0 |
| Total assets | $18,231 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,231 |