The Forest Lake Athletic Association
- Assets
- $735.6k
- Revenue
- $869.3k
- Investments
- $0.0
- Employees
- 139
- Location
- Forest Lake, MN
- Founding
- 12/1996
- Data as of
- 12/2023
- EIN
- 41-1780770
Organization Overview
The Forest Lake Athletic Association is located in Forest Lake, MN. The organization was established in 1996. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Forest Lake Athletic Association employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Lake 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 12/2023, Forest Lake Athletic Association generated $869.3k 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 (6.3%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 7 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE POSITIVE LEARNING EXPERIENCES FROM COACHING PLAYERS AND TEAM WORK, TO DEVELOP GOOD CITIZENSHIP, AND TO HELP CHILDREN EXCEL AT SPORTS ACTIVITIES. FLAAA ALSO SUPPORTS OTHER YOUTH GROUPS, HUMANITATRIAN NEEDS, COMMUNITY EVENTS, AND EDUCATIONAL SCHOLARSHIPS.
Describe the Organization's Program Activity:
TO SUPPORT AND EDUCATE YOUTH WITHIN THE AREA OF FOREST LAKE IN ATHLETICS BY PROVIDING SPORT PROGRAMS.
GAMBLING: THE FORMS OF GAMBLING CONDUCTED BY THE ORGANIZATION DURING THE YEAR ENDED 12/31/2023, INCLUDED PAPER PULL-TABS, PADDLETICKETS, NON-LINKED BINGO, TIPBOARDS, LINKED BINGO, ELECTRONIC PULL-TABS, AND SPORTS-THEMED TIPBOARDS. REVENUE IN EXCESS OF ALLOWABLE EXPENSES GENERATED BY THE LAWFUL GAMBLING FUND WERE USED FOR LAWFUL PURPOSES AND BOARD APPROVED EXPENDITURES AS DEFINED BY MINNESOTA STATUTE. GROSS RECEIPTS FOR THE YEAR ENEDED 12/31/2023, WERE 16,881,290. TOTAL GAMING EXPENSES FOR THE YEAR ENDED 12/31/2023 WERE 16,900,862.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Arntzen Gambling Man | OfficerTrustee | 40 | $76,387 |
Allan Hauge President | OfficerTrustee | 40 | $47,192 |
Cindy Weiss Treasurer | OfficerTrustee | 40 | $19,446 |
Avery Brunjes Board Member | Trustee | 1 | $1,020 |
Duane Dittberner Board Member | Trustee | 1 | $0 |
Stacy St George Board Member | Trustee | 1 | $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 | $42,844 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,844 |
| Total Program Service Revenue | $691,038 |
| Investment income | $2,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $80,832 |
| Net Income from Gaming Activities | $33,326 |
| Net Income from Sales of Inventory | $17,598 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $869,332 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,674 |
| 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 | $40,186 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $23,640 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,389 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,863 |
| Office expenses | $12,360 |
| Information technology | $1,440 |
| Royalties | $0 |
| Occupancy | $11,241 |
| Travel | $9,646 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,325 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,153 |
| Insurance | $192 |
| All other expenses | $297,562 |
| Total functional expenses | $1,005,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $698,155 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,695 |
| 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 | $3,395 |
| Net Land, buildings, and equipment | $24,943 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,394 |
| Total assets | $735,582 |
| Accounts payable and accrued expenses | $13,295 |
| 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 | $13,295 |
| Net assets without donor restrictions | $722,287 |
| 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 | $735,582 |