Brainerd Lakes Bmx Association Inc
- Assets
- $187.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brainerd, MN
- Founding
- 03/1988
- Data as of
- 12/2023
- 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 12/2023, Brainerd Lakes Bmx Association Inc generated $78.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $66.1k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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
2023
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 | |
Stefani Bowers Registration | 2 | $0 | |
Marcie Heldt Secretary | 2 | $0 | |
Jenni Halbur Vice President | 2 | $0 | |
John Posterick Mediacommunity Relations | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,484 |
| Total Program Service Revenue | $50,730 |
| Membership dues | $0 |
| Investment income | $39 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,717 |
| 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 | $4,484 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,627 |
| Total expenses | $66,111 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,725 |
| Other assets | $0 |
| Total assets | $187,301 |
| Total liabilities | $2,538 |
| Net assets or fund balances | $184,763 |