Faribo Sno-Go Club Inc
- Assets
- $136.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Faribault, MN
- Founding
- 12/2007
- Data as of
- 09/2021
- EIN
- 41-1897059
Organization Overview
Faribo Sno-Go Club Inc is located in Faribault, MN. The organization was established in 2007. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Faribo Sno-Go Club Inc 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 09/2021, Faribo Sno-Go Club Inc generated $30.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $28.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Degrood President | 2 | $0 | |
Matt Hilley Publicity | 2 | $0 | |
Emily Velishek Secretary | 2 | $0 | |
Travis Beaupre Membership | 2 | $0 | |
Randy Feyereisn Vice President | 2 | $0 | |
Bree Degrood Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,335 |
| Total Program Service Revenue | $129 |
| Membership dues | $2,614 |
| Investment income | $238 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,566 |
| Other Revenue | $0 |
| Total Revenue | $30,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,010 |
| Occupancy, rent, utilities, and maintenance | $8,266 |
| Printing, publications, postage, and shipping | $137 |
| Other expenses | $19,170 |
| Total expenses | $28,583 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,388 |
| Other assets | $0 |
| Total assets | $136,267 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,267 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Faribo Sno-Go Club Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Tri-Lakes Sportsmens Club Inc Lonsdale, MN PURPOSE: CONTRIBUTION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Detroit Mountain Recreation Area Inc Detroit Lakes, MN | $3,604,000 | $2,203,454 |
New Richmond Area Centre Ltd New Richmond, WI | $2,632,645 | $1,659,233 |
Brown County Ice Management Inc De Pere, WI | $551,946 | $1,678,354 |
Heat Athletics Inc Franklin, WI | $0 | $70,243 |
Hayward Civic Club Inc Hayward, WI | $3,229,551 | $1,328,789 |
Madison Ice Inc Madison, WI | $3,210,061 | $1,229,246 |
Little Earth Residents Association Inc Minneapolis, MN | $940,868 | $1,610,380 |
Arenaco Coralville, IA | $45,872,582 | $554,050 |
Hermantown Arena Board Hermantown, MN | $328,983 | $736,991 |
Orono Ice Arena Inc Long Lake, MN | $3,291,506 | $652,164 |
Dubuque Community Ice & Recreation Center Inc Dubuque, IA | $228,208 | $530,742 |
Hgm Ice Llc Menomonee Falls, WI | $282,189 | $745,886 |