Faribault Booster Club
- Assets
- $150.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Faribault, MN
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 45-2361456
Organization Overview
Faribault Booster Club is located in Faribault, MN. The organization was established in 2012. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Faribault Booster Club 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, Faribault Booster Club generated $142.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $135.5k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORGANIZATION PROVIDES SUPPORT FOR ALL FORMS OF SCHOOL ATHLETICS AND SPORTS IN THE FARIBAULT MN PUBLIC SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Wolff President | 2 | $0 | |
Cassie Ohnstad Trustee | 2 | $0 | |
Brent Peroutka Secretary | 2 | $0 | |
Joe Pientka Vice President | 2 | $0 | |
Randy Mcdonough Trustee | 2 | $0 | |
Ruth Olson Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,349 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,527 |
| Investment income | $0 |
| Gain or Loss | -$14 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,694 |
| Total Revenue | $142,556 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $166 |
| Printing, publications, postage, and shipping | $12,422 |
| Other expenses | $10,481 |
| Total expenses | $135,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,649 |
| Other assets | $0 |
| Total assets | $150,674 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,674 |