Something Cool Incorporated
- Assets
- $17.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- McGregor, MN
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 41-1941630
Organization Overview
Something Cool Incorporated is located in McGregor, MN. The organization was established in 2000. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, 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. Something Cool Incorporated 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, Something Cool Incorporated generated $114.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $119.2k during the year ending 12/2022. While expenses have increased by 17.8% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristine Bates Madsen President | 1 | $0 | |
Stephen Frauenshuh Vice President | 2 | $0 | |
Kris Wilson Sylvester Secretarytreasurer | 2 | $0 | |
Julie Jacobsma Director | 1 | $0 | |
Jenna Powers Geyen Director | 1 | $0 | |
Cheryl Peterson Meld Administrator | 16 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,451 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,634 |
| Other Revenue | $644 |
| Total Revenue | $114,319 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,150 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $11,755 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,416 |
| Total expenses | $119,240 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,496 |
| Other assets | $0 |
| Total assets | $17,496 |
| Total liabilities | $10,229 |
| Net assets or fund balances | $7,267 |