Metro Area Tournament Committee
- Assets
- $192.3k
- Revenue
- $247.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 08/2001
- Data as of
- 07/2022
- EIN
- 45-0458883
Organization Overview
Metro Area Tournament Committee is located in Fargo, ND. The organization was established in 2001. 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. Metro Area Tournament Committee 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 07/2022, Metro Area Tournament Committee generated $247.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $236.7k during the year ending 07/2022. While expenses have increased by 4.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE METRO AREA TOURNAMENT COMMITTEE PROVIDES SUPPORT FOR NORTH DAKOTA HIGH SCHOOL ACTIVITIES ASSOCIATION, AND OTHER AREA HIGH SCHOOL TOURNAMENTS, INCLUDING TEAM HOSPITALITY AND COMPETITION SUPERVISION AND COORDINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE METRO AREA TOURNAMENT COMMITTEE HOSTED AND PROVIDED SECURITY AND SUPPORT FOR BOYS AND GIRLS ATHLETIC TOURNAMENTS. FOURTEEN TOURNAMENTS WERE MANAGED BY THE ORGANIZATION. THE MATC HOSTED THE FOLLOWING STATE AND REGIONAL TOURNAMENTS: EAST REGION GIRLS GOLF, EAST REGION BOYS TENNIS, STATE CLASS A GIRLS GOLF, EASTERN DAKOTA CONFERENCE GIRLS SWIMMING & DIVING, DAKOTA BOWL, STATE CLASS A & B WRESTLING, STATE BOYS AND GIRLS HOCKEY, EASTERN DAKOTA CONFERENCE BOYS SWIMMING & DIVING, EAST REGION BOYS AND GIRLS BASKETBALL, STATE BOYS SWIMMING & DIVING, EAST REGION GIRLS TENNIS, EAST REGION BOYS GOLF, STATE CLASS B BASEBALL & SOFTBALL, AND STATE CLASS A BOYS GOLF. THE COMMITTEE ALSO SPONSORED VOLLEYBALL, WRESTLING, AND HOCKEY EVENTS DURING THEIR RESPECTIVE REGULAR SEASONS.THE COMMITTEE HIRED NUMEROUS INDIVIDUALS TO HOST, COORDINATE, AND PROVIDE SECURITY AT THE GAMES. FOOD AND BEVERAGES WERE PROVIDED FOR THESE INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Schultz Secretary/treasurer | Officer | 5 | $4,900 |
Todd Olson Chairman | OfficerTrustee | 5 | $3,350 |
Jay Decann Director | Trustee | 0.96 | $1,620 |
Lenny Ohlhauser Director | Trustee | 0.96 | $845 |
Michael Beaton Director | Trustee | 0.96 | $770 |
Rick Flacksbarth Vice Chairman | OfficerTrustee | 4 | $675 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,275 |
| Total Program Service Revenue | $199,769 |
| Investment income | $51 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,760 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,330 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,661 |
| Advertising and promotion | $600 |
| Office expenses | $7,497 |
| Information technology | $3,177 |
| Royalties | $0 |
| Occupancy | $40,536 |
| Travel | $1,021 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,383 |
| Insurance | $380 |
| All other expenses | $1,228 |
| Total functional expenses | $236,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $159,210 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,002 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $32,123 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $192,335 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,954 |
| Total liabilities | $1,954 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $190,381 |
| Total liabilities and net assets/fund balances | $192,335 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Metro Area Tournament Committee has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Sanford Sioux Falls, SD PURPOSE: Donation to committee for region and state tournaments that take place throughout the year in the metro area | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bella Mente Quantum Racing Association Minneapolis, MN | $41,740,405 | $5,723,363 |
Indian National Finals Rodeo Browning, MT | $990,064 | $2,381,679 |
Newjets Inc Eden Prairie, MN | $1,209,250 | $1,209,489 |
Bowhunting Preservation Alliance Inc New Ulm, MN | $19,509 | $847,704 |
The Forest Lake Athletic Association Forest Lake, MN | $599,285 | $725,357 |
Run Wild Missoula Inc Missoula, MT | $824,395 | $648,708 |
Minnesota Sports Corp Minneapolis, MN | $8,338,408 | $1,644,540 |
Northernettes Synchronized Skating Minneapolis, MN | $37,606 | $623,072 |
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 Rosevillle, MN | $245,471 | $438,966 |
West Express Swim Team Inc Chaska, MN | $179,126 | $442,220 |