Ashwabay Outdoor Educational Foundation Inc
- Assets
- $592.6k
- Revenue
- $366.0k
- Investments
- $0.0
- Employees
- 18
- Location
- Bayfield, WI
- Founding
- 05/2003
- Data as of
- 06/2021
- EIN
- 37-1431180
Organization Overview
Ashwabay Outdoor Educational Foundation Inc is located in Bayfield, WI. The organization was established in 2003. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Ashwabay Outdoor Educational Foundation Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashwabay Outdoor Educational Foundation 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 06/2021, Ashwabay Outdoor Educational Foundation Inc generated $366.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $340.6k during the year ending 06/2021. While expenses have increased by 0.1% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP, FOSTER,ENCOURAGE OUTDOOR SPORTS, EDUCATION, RECREATION AND OUTDOOR CULTURAL EVENTS
Describe the Organization's Program Activity:
PUBLIC SKIING, SPORTING, EDUCATIONAL AND OUTDOOR CULTURAL EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Anderson Chairman | Officer | 4 | $0 |
John Thiel Vice President | Officer | 3 | $0 |
Kelly Petersen Secretary | Officer | 3 | $0 |
Carol Lindsey Treasurer | Officer | 3 | $0 |
Steve Pierce Director | Trustee | 2 | $0 |
Bill Peterson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,338 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,080 |
| Total Program Service Revenue | $230,515 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,384 |
| 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 | $365,999 |
| 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 | $128,813 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,234 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,826 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,949 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,395 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,425 |
| Insurance | $16,345 |
| All other expenses | $18,713 |
| Total functional expenses | $340,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,049 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,818 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $29,864 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $462,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $592,607 |
| Accounts payable and accrued expenses | $2,739 |
| 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 | $193,650 |
| Unsecured mortgages and notes payable | $249,841 |
| Other liabilities | $0 |
| Total liabilities | $446,230 |
| Net assets without donor restrictions | $146,377 |
| 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 | $592,607 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ashwabay Outdoor Educational Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Regional Wellness Fund Of Memorial Medical Center Inc Ashland, WI PURPOSE: DONATION FOR PURCHASE OF TRAIL GROOMING EQUIPMENT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amateur Hockey Assoc Illinois Inc Elk Grove Village, IL | $1,304,353 | $3,600,631 |
Sabre Hockey Association Naperville, IL | $660,750 | $2,725,908 |
Chicago Mission Aaa Hockey Club Chicago, IL | $91,949 | $3,146,762 |
Team Illinois Hockey Club Barrington, IL | $1,289,943 | $2,565,201 |
Chicago Young Americans Amateur Hockey Association Frankfort, IL | $180,153 | $2,181,260 |
Michigan Snowmobile & Orv Association Wyoming, MI | $1,270,885 | $2,669,525 |
The Loppet Foundation Inc Minneapolis, MN | $4,982,965 | $3,219,111 |
American Birkebeiner Ski Foundation Inc Hayward, WI | $7,179,042 | $2,764,424 |
Hawks Hockey Club Nfp Darien, IL | $1,224,811 | $2,991,552 |
Falcons Hockey Association Highland Park, IL | $144,665 | $2,611,835 |
United Heroes League Hastings, MN | $3,084,310 | $3,081,953 |
Detroit Skating Club Inc Bloomfield Hills, MI | $5,849,869 | $2,229,061 |