Minnesota Rush
- Assets
- $4.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 20
- Location
- Rochester, MN
- Founding
- 05/1980
- Data as of
- 08/2023
- EIN
- 41-1372129
Organization Overview
Minnesota Rush is located in Rochester, MN. The organization was established in 1980. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Minnesota Rush employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Rush 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 08/2023, Minnesota Rush generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $1.5m during the year ending 08/2023. While expenses have increased by 13.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GAME OF SOCCER FOR PLAYERS AGE 5-19 IN ROCHESTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR SOCCER PROGRAM OFFERS A WIDE VARIETY OF OPPORTUNITIES FOR ATHLETES OF DIFFERENT SKILL LEVELS FROM KINDERGARTEN - 12TH GRADE. TRAINING PROGRAMS DEVELOP AND REFINE THEIR UNDERSTANDING OF THE GAME AND TRAVELING PROGRAMS GROW THE ATHLETES ABILITIES BY PLAYING OTHER TEAMS FROM MYSA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Broadbent Board Member | Trustee | $0 | |
Chris Carter Secretary | OfficerTrustee | $0 | |
Nicole Cross Board Member | Trustee | $0 | |
Shawn Fagan Board Member | Trustee | $0 | |
Kelly Jacob Board Member | Trustee | $0 | |
Rob Kraichely Vice Preside | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $172,134 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,134 |
| Total Program Service Revenue | $1,330,701 |
| Investment income | $1,783 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,531,557 |
| 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 | $437,605 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,122 |
| Payroll taxes | $43,902 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,586 |
| Office expenses | $6,388 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,293 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44,759 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,410 |
| Insurance | $18,620 |
| All other expenses | $314,940 |
| Total functional expenses | $1,497,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,110 |
| Savings and temporary cash investments | $601,732 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,756 |
| Net Land, buildings, and equipment | $3,617,426 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,300 |
| Total assets | $4,526,324 |
| Accounts payable and accrued expenses | $60 |
| Grants payable | $0 |
| Deferred revenue | $79,485 |
| 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 | $3,812,661 |
| Other liabilities | $0 |
| Total liabilities | $3,892,206 |
| Net assets without donor restrictions | $634,118 |
| 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 | $4,526,324 |