Willmar Aquatic Racing Stingrays
- Assets
- $27.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spicer, MN
- Founding
- 03/1996
- Data as of
- 12/2022
- EIN
- 41-1577562
Organization Overview
Willmar Aquatic Racing Stingrays is located in Spicer, MN. The organization was established in 1996. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willmar Aquatic Racing Stingrays 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 12/2022, Willmar Aquatic Racing Stingrays generated $46.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $51.6k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SWIM PRACTICE WITH INSTRUCTION FOUR EVENINGS PER WEEK, ALONG WITH REGULAR OPPORTUNITIES (USUALLY ONE PER MONTH) TO COMPETE AGAINST SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Newberg Past Preside | 1 | $0 | |
Helen Arends Secretary | 1 | $0 | |
Melanie Sheets Registrar | 1 | $0 | |
Christine Yoose Treasurer | 1 | $0 | |
Allison Marker Parent Liaso | 1 | $0 | |
Melissa Wallestad Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,452 |
| Membership dues | $37,054 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $622 |
| Other Revenue | $1,063 |
| Total Revenue | $46,199 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,625 |
| Professional fees and other payments to independent contractors | $10,460 |
| Occupancy, rent, utilities, and maintenance | $6,243 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,303 |
| Total expenses | $51,631 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,955 |
| Other assets | $0 |
| Total assets | $26,955 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,955 |