Friends Of The Hank Aaron State Trail Inc
- Assets
- $258.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/2003
- Data as of
- 05/2023
- EIN
- 39-2020323
Organization Overview
Friends Of The Hank Aaron State Trail Inc is located in Milwaukee, WI. The organization was established in 2003. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Hank Aaron State Trail 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 05/2023, Friends Of The Hank Aaron State Trail Inc generated $69.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (35.9%) each year. All expenses for the organization totaled $73.7k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (29.2%) per year over the past 4 years. 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 Mission:
Part 3 - Line 1
FRIENDS OF HANK AARON STATE TRAIL IS A NON-PROFIT ORGANIZATION DEDICATED TO SUSTAINING, PROMOTING, AND ENHANCING THE HANK AARON STATE TRAIL, CREATING A LASTING LEGACY FOR PRESENT AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3
PROMOTE THE HANK AARON STATE TRAIL THROUGH THE ANNUAL RUN/WALK EVENT AND URBAN CANDLELIGHT HIKE. LEAD SUMMER WEEK-LONG BIKE CAMPS FOR CHILDREN IN NEIGHBORING SCHOOLS. PROMOTE THE TRAIL AND ITS RECREATIONAL OPPORTUNITIES.
ENHANCE THE TRAIL WITH CULTURAL AND PHYSICAL ENRICHMENTS THAT CREATE A SENSE OF COMMUNITY. PROJECTS DURING THE YEAR INCLUDED TWO SIGNATURE ART SCULPTURES - TILTED CHANNEL AND THE MILWAUKEE ROAD MONUMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Peschel President | 1 | $0 | |
Jill Maertz Vice-President | 1 | $0 | |
Daniel Adams Secretary | 1 | $0 | |
Dru Denison Treasurer | 1 | $0 | |
Nik Abasovski Director | 1 | $0 | |
Michael Brady Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,309 |
| Total Program Service Revenue | $28,854 |
| Membership dues | $0 |
| Investment income | $1,483 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,646 |
| 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 | $44,490 |
| Occupancy, rent, utilities, and maintenance | $233 |
| Printing, publications, postage, and shipping | $1,718 |
| Other expenses | $27,250 |
| Total expenses | $73,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,464 |
| Other assets | $0 |
| Total assets | $258,464 |
| Total liabilities | $0 |
| Net assets or fund balances | $258,464 |