Phillips County Motor Sports
- Assets
- $83.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Malta, MT
- Founding
- 11/2003
- Data as of
- 12/2021
- EIN
- 41-2091901
Organization Overview
Phillips County Motor Sports is located in Malta, MT. The organization was established in 2003. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Phillips County Motor Sports is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Phillips County Motor Sports generated $97.6k 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 (4.7%) each year. All expenses for the organization totaled $110.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE BUSINESS AND PURPOSE OF THIS ORGANIZATION SHALL BE TO WORK FOR THE PROMOTION AND ECONOMIC DEVELOPMENT AND TOURISM IN PHILLIPS COUNTY, IN THE STATE OF MONTANA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Stout President | 1 | $0 | |
Marty Lundstrum Vice President | 1 | $0 | |
Jacy Stolem Secretary/treasurer | 1 | $0 | |
Denny Overcast Director | 1 | $0 | |
Dylan Bergos Director | 1 | $0 | |
Dave Olson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,105 |
| Total Program Service Revenue | $41,498 |
| Membership dues | $0 |
| Investment income | $121 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,274 |
| Other Revenue | $0 |
| Total Revenue | $97,573 |
| 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 | $24,214 |
| Occupancy, rent, utilities, and maintenance | $29,621 |
| Printing, publications, postage, and shipping | $130 |
| Other expenses | $54,932 |
| Total expenses | $110,497 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,135 |
| Other assets | $0 |
| Total assets | $82,964 |
| Total liabilities | $26,441 |
| Net assets or fund balances | $56,523 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harmony Amateur Sports Foundation Encampment, WY | $11,031,379 | $10,357,162 |
Indian National Finals Rodeo Browning, MT | $990,064 | $2,381,679 |
Run Wild Missoula Inc Missoula, MT | $824,395 | $648,708 |
Montana State Golf Association Helena, MT | $462,415 | $526,863 |
Montana Amateur Sports Inc Billings, MT | $1,980,075 | $727,779 |
United States Bowling Congress Inc Billings, MT | $137,263 | $326,776 |
United States Bowling Congress Inc Rupert, ID | $625,742 | $253,429 |
Metro Area Tournament Committee Fargo, ND | $192,335 | $247,095 |
North Dakota Rodeo Association Ludlow, SD | $145,642 | $262,230 |
United States Bowling Congress Inc Fargo, ND | $69,951 | $208,642 |
Montana Bicycle Guild Helena, MT | $68,312 | $0 |
Bismarck Marathon Bismarck, ND | $69,131 | $0 |