Cottage Grove Athletic Association
- Assets
- $5.0m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Cottage Grove, MN
- Founding
- 11/1984
- Data as of
- 09/2023
- EIN
- 41-1474126
Organization Overview
Cottage Grove Athletic Association is located in Cottage Grove, MN. The organization was established in 1984. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Cottage Grove Athletic 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 09/2023, Cottage Grove Athletic Association generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $2.2m during the year ending 09/2023. While expenses have increased by 5.1% 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.
Since 2015, Cottage Grove Athletic Association has awarded 13 individual grants totaling $370,364. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE OBJECTIVE OF THE CGAA SHALL BE TO IMPLANT FIRMLY IN THE CHILDREN OF THE COMMUNITY THE SPIRIT OF COMPETITION AND IDEALS OF GOOD SPORTSMANSHIP, HONESTY, LOYALTY, COURAGE AND REVERENCE, SO THEY MAY BE FINER, STRONGER AND HAPPIER CHILDREN AND WILL GROW TO BE CLEAN, PROUD, CONFIDENT ADULTS.
Describe the Organization's Program Activity:
CURRENTLY THE CGAA OFFERS THE FOLLOWING SPORTS FOR THE CHILDREN OF THE COMMUNITY: BASEBALL, BASKETBALL, FOOTBALL, HOCKEY, SOCCER, VOLLEYBALL, SOFTBALL AND LACROSSE. BASEBALL, VOLLEYBALL AND SOFTBALL ARE GENDER-SPECIFIC SPORTS; PROGRAMS ARE OFFERED IN THE OTHER SPORTS FOR BOTH BOYS AND GIRLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Harrison President | OfficerTrustee | 5 | $2,400 |
Justin Langbehn Vice President | OfficerTrustee | 5 | $2,400 |
Kimberly Devann Treasurer | OfficerTrustee | 5 | $2,200 |
Michelle Harrison Secretary | OfficerTrustee | 5 | $2,400 |
Tim Kaplan Director | Trustee | 2 | $1,100 |
Kati Stewart Director | Trustee | 2 | $1,100 |
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 | $26,085 |
| Noncash contributions included in lines 1a–1f | $1,111 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,085 |
| Total Program Service Revenue | $1,992,373 |
| Investment income | $28,347 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,103 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $151,468 |
| Net Income from Gaming Activities | $594,236 |
| Net Income from Sales of Inventory | $27,328 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,827,885 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,573 |
| Compensation of current officers, directors, key employees. | $86,884 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,278 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,157 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,259 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $382,805 |
| Advertising and promotion | $3,190 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $660,731 |
| Travel | $3,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,282 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,958 |
| Insurance | $32,140 |
| All other expenses | $36,768 |
| Total functional expenses | $2,179,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,256,729 |
| Savings and temporary cash investments | $263,115 |
| Pledges and grants receivable | $32,510 |
| Accounts receivable, net | $27,190 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,424 |
| Prepaid expenses and deferred charges | $141,855 |
| Net Land, buildings, and equipment | $198,258 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,109,651 |
| Total assets | $5,047,732 |
| Accounts payable and accrued expenses | $210,721 |
| Grants payable | $0 |
| Deferred revenue | $627,141 |
| 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 | $24,000 |
| Other liabilities | $1,110,056 |
| Total liabilities | $1,971,918 |
| Net assets without donor restrictions | $3,043,304 |
| Net assets with donor restrictions | $32,510 |
| 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 | $5,047,732 |
Grants Awarded
Over the last fiscal year, Cottage Grove Athletic Association has awarded $183,348 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF COTTAGE GROVE PURPOSE: FACILITIES IMPROVEMENT SOCCER FIELD SHED DONATIONS AND FENCING AROUND BASEBALL FIELD | $173,348 |
PARK HIGH SCHOOL PURPOSE: WEIGHTROOM EQUIPMENT DONATION, PROM NIGHT, TO COVER FEES FOR EVALUATORS AND REGISTRATION | $10,000 |