Indiana Barrel Racing Futurity Inc
- Assets
- $52.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Whiteland, IN
- Founding
- 01/1993
- Data as of
- 12/2021
- EIN
- 35-1742592
Organization Overview
Indiana Barrel Racing Futurity Inc is located in Whiteland, IN. The organization was established in 1993. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Indiana Barrel Racing Futurity 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, Indiana Barrel Racing Futurity Inc generated $151.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $146.7k during the year ending 12/2021. While expenses have increased by 17.9% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SPONSOR AND PROMOTE BARREL RACING ACTIVITIES IN INDIANA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Benefiel President | 1 | $0 | |
Vickie Duke Secretary | 1 | $0 | |
Stephanie Duke Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,533 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,533 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $146,101 |
| Total expenses | $146,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,820 |
| Other assets | $0 |
| Total assets | $52,820 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,820 |
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