Sioux Falls Cyclones Inc
- Assets
- $149.1k
- Revenue
- $299.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 07/2011
- Data as of
- 12/2021
- EIN
- 27-4705069
Organization Overview
Sioux Falls Cyclones Inc is located in Sioux Falls, SD. The organization was established in 2011. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Sioux Falls Cyclones 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, Sioux Falls Cyclones Inc generated $299.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $243.7k during the year ending 12/2021. While expenses have increased by 21.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDED QUALITY INSTRUCTION, MODELED LEADERSHIP AND COMPETITIVE EXPERIENCES TO YOUTH BASEBALL AND SOFT BALL PLAYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED QUALITY INSTRUCTION, MODELED LEADERSHIP AND COMPETITIVE EXPERIENCES TO APPROXIMATELY 150 YOUTH BASEBALL AND SOFT BALL PLAYERS IN 2019
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lloyd Nikels Treasurer | Officer | 0 | $0 |
Jon Carda President | Officer | 0 | $0 |
Lillie Arndt Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,321 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,072 |
| Total Program Service Revenue | $15,447 |
| 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 | $20,165 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $299,271 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,212 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $108,488 |
| Advertising and promotion | $0 |
| Office expenses | $1,881 |
| Information technology | $3,405 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $794 |
| 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 | $0 |
| Insurance | $2,349 |
| All other expenses | $33,732 |
| Total functional expenses | $243,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,093 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $0 |
| Other assets | $39 |
| Total assets | $149,132 |
| 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 | $1 |
| Total liabilities | $1 |
| Net assets without donor restrictions | $149,131 |
| 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 | $149,132 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sioux Falls Cyclones Inc has recieved totaling $22,750.
| Awarding Organization | Amount |
|---|---|
Sanford Sioux Falls, SD PURPOSE: PROGRAM SUPPORT | $22,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College World Series Of Omaha Inc Omaha, NE | $10,788,440 | $7,383,920 |
Elkhorn Athletic Association Inc Elkhorn, NE | $3,453,158 | $3,870,078 |
Plymouth Wayzata Youth Baseball Association Plymouth, MN | $491,889 | $611,819 |
Minnesota Fastpitch Academy Foundation New Brighton, MN | $376,699 | $971,295 |
Sioux Empire Baseball Association Sioux Falls, SD | $285,861 | $1,051,356 |
Miracle League Of Sioux City Sioux City, IA | $165,311 | $819,432 |
Billings American Legion Baseball Program Billings, MT | $1,065,113 | $838,506 |
Minnetonka Baseball Association Excelsior, MN | $613,945 | $754,341 |
P G Foundation Inc Cedar Rapids, IA | $478,668 | $1,074,979 |
Gretna Youth Softball-Baseball Association Gretna, NE | $345,213 | $667,315 |
Kindred Ball Teams Kindred, ND | $135,302 | $0 |
Minnesota Softball Medina, MN | $192,990 | $719,337 |