International Mountain Bicycling Association
- Assets
- $714.3k
- Revenue
- $92.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Deerwood, MN
- Founding
- 10/2016
- Data as of
- 12/2023
- EIN
- 37-1706581
Organization Overview
International Mountain Bicycling Association is located in Deerwood, MN. The organization was established in 2016. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Mountain Bicycling Association 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, International Mountain Bicycling Association generated $92.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $190.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CREATE, ENHANCE AND PRESERVE GREAT TRAIL EXPERIENCES FOR MOUNTAIN BIKERS PRIMARILY IN CROW WING COUNTY, MINNESOTA AND TO CREATE A BICYCLE FRIENDLY COMMUNITY THROUGH CYCLING AWARENESS, SAFETY ADVOCACY, AND PROMOTION OF BICYCLING FOR FUN, FITNESS, AND TRANSPORTATION. WE SEEK TO PRESERVE, PROTECT, AND PROMOTE MOUNTAIN BIKE ACCESS AND DIVERSE RIDING OPPORTUNITIES ON MINNESOTA'S PUBLIC AND PRIVATE LANDS THROUGH EDUCATION, COMMUNICATION, AND UNIFIED ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WORKS TO CREATE INNOVATIVE TRAIL MANAGEMENT SOLUTIONS AND ENHANCE COOPERATION AMONG DIFFERENT TRAIL USER GROUPS. THE ORGANIZATION ALSO EDUCATES CYCLISTS AND PROMOTES RESPONSIBLE OFF-ROAD CYCLING. IN ADDITION, THE ORGANIZATION ENCOURAGES LOW-IMPACT RIDING AND VOLUNTEER TRAIL WORK PARTICIPATION INCLUDING MOUNTAIN BIKE SAFETY PATROLS. DURING 2023, THE ORGANIZATION CONTRIBUTED OVER 3,000 HOURS OF VOLUNTEER TIME TOWARDS TRAIL MAINTENANCE AND MAINTAINING THE ORGANIZATION. THE ORGANIZATION ALSO WORKS WITH LOCAL BUSINESSES TO HELP THEM MAXIMIZE OPPORTUNITIES DURING THIS PERIOD OF ECONOMIC GROWTH BROUGHT ON BY MOUNTAIN BIKING. IT IS ESTIMATED THAT OVER 100,000 CYCLISTS RODE THE MOUNTAIN BIKE TRAIL SYSTEM IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Drangeid President | OfficerTrustee | 5 | $0 |
Kristen Bladow Vice-President | OfficerTrustee | 5 | $0 |
Micheal Thompson Secretary | OfficerTrustee | 5 | $0 |
Mark Vosacek Treasurer | OfficerTrustee | 5 | $0 |
Jennifer Simon Director | Trustee | 5 | $0 |
Patrick Stoffel Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,499 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,197 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,196 |
| Total Program Service Revenue | $0 |
| Investment income | $2,390 |
| 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 | $2,284 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $92,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $51,000 |
| 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. | $60,834 |
| Compensation of current officers, directors, key employees. | $30,417 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,767 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,004 |
| Advertising and promotion | $1,082 |
| Office expenses | $590 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $335 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,852 |
| Insurance | $5,430 |
| All other expenses | $1,929 |
| Total functional expenses | $190,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,460 |
| Savings and temporary cash investments | $224,194 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,905 |
| 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 | $5,362 |
| Net Land, buildings, and equipment | $474,340 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $714,261 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,200 |
| 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 | $0 |
| Total liabilities | $1,200 |
| Net assets without donor restrictions | $710,061 |
| Net assets with donor restrictions | $3,000 |
| 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 | $714,261 |