Breakfast Club Of Minneapolis
- Assets
- $17.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Apple Valley, MN
- Founding
- 07/1971
- Data as of
- 12/2021
- EIN
- 41-0414472
Organization Overview
Breakfast Club Of Minneapolis is located in Apple Valley, MN. The organization was established in 1971. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Breakfast Club Of Minneapolis is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Breakfast Club Of Minneapolis generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $30.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION OF APPROXIMATELY 75 BUSINESS EXECUTIVES CONDUCTS WEEKLY BREAKFAST MEETINGS AT WHICH CRAFT TALKS ARE PRESENTED INFORMING MEMBERS OF TRENDS AND NEW DEVELOPMENTS IN THE VARIOUS INDUSTRIES AND PROFESSIONS REPRESENTED IN THE MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Peterson President | 2 | $0 | |
Bob Alexander Past President | 2 | $0 | |
Craig Blixrud Secretary | 2 | $0 | |
Matt Crane Treasurer | 2 | $0 | |
Dwain Coleman Director | 2 | $0 | |
Randy Korn Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,719 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,240 |
| Total Revenue | $19,977 |
| 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 | $8,551 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,147 |
| Total expenses | $30,698 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,086 |
| Other assets | $0 |
| Total assets | $17,738 |
| Total liabilities | $1,892 |
| Net assets or fund balances | $15,846 |