Minnesota Distance Elite
- Assets
- $109.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 41-1994677
Organization Overview
Minnesota Distance Elite is located in Minneapolis, MN. The organization was established in 2001. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, 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. Minnesota Distance Elite 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, Minnesota Distance Elite generated $61.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $117.6k during the year ending 12/2023. 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 |
|---|---|---|---|
Cody Mikl President | 10 | $0 | |
Shelley Nelson Treasurer | 2 | $0 | |
Chris Lundstrom Coach | 20 | $22,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,024 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $564 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,588 |
| 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 | $77,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,423 |
| Total expenses | $117,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,149 |
| Other assets | $0 |
| Total assets | $109,149 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,149 |