Aitkin Quarterbacks Club
- Assets
- $277.3k
- Revenue
- $195.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Aitkin, MN
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 41-1579070
Organization Overview
Aitkin Quarterbacks Club is located in Aitkin, MN. The organization was established in 1997. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. As of 12/2022, Aitkin Quarterbacks Club employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aitkin Quarterbacks Club 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, Aitkin Quarterbacks Club generated $195.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $192.0k during the year ending 12/2022. While expenses have increased by 7.1% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND SUPPORT ATHLETIC PROGRAMS SPONSORED BY THE AITKIN MN PUBLIC SCHOOLS, AND CONDUCT ACTIVITIES EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE THEREIN.
Describe the Organization's Program Activity:
WEEKLY MEETINGS, RECOGNITION BANQUETS AND AWARDS, SCOUTING PROGRAMS, SPONSORSHIP OF TOURNAMENTS, AND GENERAL SUPPORT AND PROMOTION OF AITKIN SCHOOL ATHLETICS AND ATHLETES IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Miller President | OfficerTrustee | 2 | $0 |
Jason Cline Secretary | OfficerTrustee | 1 | $0 |
Jeff Kjelstrom Treasurer | OfficerTrustee | 2 | $0 |
Tom Kuppich Vide Preside | OfficerTrustee | 1 | $0 |
Stacy Westerlund Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $675 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,894 |
| Total Program Service Revenue | $60,867 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $85,872 |
| Net Income from Gaming Activities | -$13,334 |
| Net Income from Sales of Inventory | $885 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $195,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,403 |
| Grants and other assistance to domestic individuals. | $1,200 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,290 |
| Advertising and promotion | $4,586 |
| Office expenses | $668 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,747 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,662 |
| All other expenses | -$37,696 |
| Total functional expenses | $191,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,164 |
| Savings and temporary cash investments | $6,369 |
| 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 | $2,757 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $277,290 |
| Accounts payable and accrued expenses | $1,134 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,134 |
| Net assets without donor restrictions | $0 |
| 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 | $65,915 |
| Retained earnings, endowment, accumulated income, or other funds | $210,241 |
| Total liabilities and net assets/fund balances | $277,290 |