Northwest Indiana Bmx Association
- Assets
- $234.2k
- Revenue
- $211.9k
- Investments
- $0.0
- Employees
- 0
- Location
- La Porte, IN
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 35-2104198
Organization Overview
Northwest Indiana Bmx Association, operating under the name Northwest Indiana BMX Asociaition Northwest Indiana BMX Asociaition, is located in La Porte, IN. The organization was established in 2009. 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. Northwest Indiana BMX Asociaition Northwest Indiana BMX Asociaition is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Northwest Indiana BMX Asociaition Northwest Indiana BMX Asociaition generated $211.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $242.8k during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AMATUER ATHLETIC COMPETITION ON A LOCAL, REGIONAL AND NATIONAL LEVEL THROUGH THE SPORT OF BICYCLE MOTOCROSS RACING TO THE COMMUNITY OF NORTHWEST INDIANA
Describe the Organization's Program Activity:
Part 3 - Line 4a
CYCLING PROGRAMS: PROVIDED A YEAR ROUND AMATEUR RACING, PRACTICE AND TRAINING PROGRAM FOR PARTICIPANTS OF BICYCLE MOTOCROSS RACING. PROVIDED 109 RACING AND 62 PRACTICE OPPORTUNITIES FOR PARTICIPANTS TO COMPETE, TRAIN AND PRACTICE. APPROXIMATELY 11000 . TAUGHT 14 BEGINNER CLASSES TO APPROXIMATELY 900 CHILDREN ON THE FUNDAMENTALS OF BMX RACING.
CYCLING PROGRAMS: PROVIDED TRAINING CLINICS FOR THE PURPOSE OF TEACHING BICYCLE MOTOCROSS RACING AND RIDING SKILLS TO PARTICIPANTS 750 PARTICIPANTS. PROVIDED 5 TRAINING CLINIC FOR ALL PROFICIENCY LEVELS OF RACING AND MADE THE FACILITIES AVAILABLE FOR TEAMS AND INDIIDUAL TO PRACTICE WITH THEIR OWN COACHES AND TRAINERS.
SPORTS COMPETITIONS PROGRAMS: HOSTED SEVERAL STATE WIDE AND REGIONAL COMPETITIONS WHERE RIDERS WERE ABLE TO COMPETE WITH ATHLETES OF GREATER SKILL AND ABILITIES. MAINTAINED A TEAM OF RIDERS FOR REPRESENTATION AT OTHER REGIONAL STATE AND NATIONAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Altizer Vice President/secretary | Officer | 2 | $0 |
Jacqueline Altizer President/treasurer | Officer | 40 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $145,969 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $211,879 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $460 |
| Office expenses | $10,726 |
| Information technology | $510 |
| Royalties | $0 |
| Occupancy | $96,945 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $242,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,672 |
| Savings and temporary cash investments | $49,000 |
| 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 | $63,558 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $234,230 |
| 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 | $49,000 |
| Total liabilities | $49,000 |
| Net assets without donor restrictions | $136,230 |
| Net assets with donor restrictions | $49,000 |
| 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 | $234,230 |