Brainerd Lakes Bmx Association Inc
- Assets
- $192.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brainerd, MN
- Founding
- 03/1988
- Data as of
- 12/2021
- EIN
- 36-3558742
Organization Overview
Brainerd Lakes Bmx Association Inc is located in Brainerd, MN. The organization was established in 1988. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Brainerd Lakes Bmx Association 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, Brainerd Lakes Bmx Association Inc generated $96.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $78.3k during the year ending 12/2021. While expenses have increased by 6.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SPONSOR BMX RACES EACH WEEK; MAY-OCTOBERRACES ATTENDED BY 100 YOUTH RIDERS AND 200 ADULT PARENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clayton Caird President | 2 | $0 | |
Ashley Posterick Treasurer | 2 | $0 | |
Jenni Halbur Vice President | 2 | $0 | |
John Posterick Mediacommunity Relations | 2 | $0 | |
Melissa Hoy Secretary | 2 | $0 | |
Stefani Bowers Registration | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,399 |
| Total Program Service Revenue | $74,271 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,106 |
| 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 | $6,766 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,532 |
| Total expenses | $78,298 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,171 |
| Other assets | $0 |
| Total assets | $192,704 |
| Total liabilities | $2,538 |
| Net assets or fund balances | $190,166 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Brainerd Lakes Bmx Association Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grandmas Marathon Duluth Inc Duluth, MN | $4,529,523 | $3,514,525 |
Usa Clay Target League Eagan, MN | $1,267,194 | $3,236,023 |
Southeast Iowa Regional Riverboat Commission Burlington, IA | $1,006 | $1,423,329 |
Red Wing Municipal Golf Corporation Red Wing, MN | $103,417 | $1,088,707 |
Americas Agricultural Industrial Heritage Landscape Inc Waterloo, IA | $639,960 | $847,872 |
Ahrens Park Foundation Grinnell, IA | $5,714,347 | $745,032 |
Quad Cities Atv Club Inc Virginia, MN | $31,684 | $814,248 |
Fargo Airsho Inc Fargo, ND | $345,922 | $887,899 |
Grand Forks Youth Hockey Association Grand Forks, ND | $611,730 | $993,625 |
Sanford Center Sioux City, IA | $728,408 | $675,442 |
Motion Volleyball Program Sussex, WI | $0 | $418,328 |
Heritage Hill Corporation Green Bay, WI | $165,713 | $495,204 |