Sheyenne River Speedway
- Assets
- $3.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lisbon, ND
- Founding
- 08/2014
- Data as of
- 12/2020
- EIN
- 45-4706688
Organization Overview
Sheyenne River Speedway is located in Lisbon, ND. The organization was established in 2014. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Sheyenne River Speedway 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 12/2020, Sheyenne River Speedway generated $2.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (62.8%) each year. All expenses for the organization totaled $348.0 during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (77.6%) per year over the past 4 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
2020
Describe the Organization's Program Activity:
Part 3
SHEYENNE RIVER SPEEDWAY RAISES MONEY FOR IMPROVEMENT PROJECTSAT SHEYENNE SPEEDWAY IN LISBON, ND.
SHEYENNE RIVER SPEEDWAY RAISES MONEY FOR IMPROVEMENT PROJECTSAT SHEYENNE SPEEDWAY IN LISBON, ND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Macdonald President | 8 | $0 | |
Le Carlblom Secretary | 0.1 | $0 | |
Dawn Macdonald Treasurer | 0.25 | $0 | |
Scott Carlblom Vice President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,005 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$491 |
| Other Revenue | $0 |
| Total Revenue | $2,514 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $157 |
| Printing, publications, postage, and shipping | $56 |
| Other expenses | $135 |
| Total expenses | $348 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,582 |
| Other assets | $0 |
| Total assets | $3,582 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,582 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sheyenne River Speedway has recieved totaling $40,007.
| Awarding Organization | Amount |
|---|---|
North Dakota Community Foundation Bismarck, ND PURPOSE: PROGRAM SUPPORT | $40,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edina Country Club Edina, MN | $21,372,241 | $7,831,351 |
Wayzata Country Club Wayzata, MN | $17,523,529 | $10,501,613 |
Oak Ridge Country Club Hopkins, MN | $13,821,924 | $8,175,238 |
The Summit League Inc Sioux Falls, SD | $12,416,599 | $5,663,074 |
Minnehaha Country Club Sioux Falls, SD | $14,982,683 | $7,335,530 |
Rochester Golf & Country Club Rochester, MN | $18,588,891 | $5,719,819 |
Yellowstone Country Club Billings, MT | $16,925,660 | $5,368,324 |
White Bear Yacht Club White Bear Lake, MN | $13,091,791 | $6,893,042 |
Northland Country Club Duluth, MN | $4,568,000 | $4,920,835 |
Minikahda Club Minneapolis, MN | $18,695,015 | $4,104,016 |
Minnesota State High School League Brooklyn Center, MN | $2,262,610 | $3,777,209 |
Fargo Country Club Inc Fargo, ND | $6,596,012 | $4,434,937 |