Fort Ransom Arena Association
- Assets
- $47.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lisbon, ND
- Founding
- 09/1996
- Data as of
- 12/2021
- EIN
- 45-0439734
Organization Overview
Fort Ransom Arena Association is located in Lisbon, ND. The organization was established in 1996. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Ransom Arena 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 12/2021, Fort Ransom Arena Association generated $37.9k 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 (8.1%) each year. All expenses for the organization totaled $43.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 6 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
PROMOTING AND ENCOURAGING THE HERITAGE OF HORSEMANSHIP TO BENEFIT HORSE RELATED ACTIVITIES, RODEOS, TEAM ROPING, TEAM PENNING, 4H PROJECTS, FUND RAISING EVENTS, HORSE PULLS & SHOWS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ladonna Anderson Treasurer | 2 | $600 | |
Steve Thorfinnson Director | 0.5 | $0 | |
Adam Schultz Vice President | 0.5 | $0 | |
Theresa Haecherl President | 2 | $0 | |
Amy Foldoe Director | 0.5 | $0 | |
John Pennington Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,288 |
| Total Program Service Revenue | $32,559 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $72 |
| Other Revenue | $0 |
| Total Revenue | $37,928 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $600 |
| Professional fees and other payments to independent contractors | $445 |
| Occupancy, rent, utilities, and maintenance | $2,753 |
| Printing, publications, postage, and shipping | $147 |
| Other expenses | $39,343 |
| Total expenses | $43,288 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,991 |
| Other assets | $0 |
| Total assets | $47,724 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,724 |
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