Sturgis Rally Charities Foundation is located in Sturgis, SD. The organization was established in 1996. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sturgis Rally Charities Foundation 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, Sturgis Rally Charities Foundation generated $116.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $65.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sturgis Rally Charities Foundation has awarded 185 individual grants totaling $408,405. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
23 CHARITABLE ORGANIZATIONS RECEIVED FUNDS FOR THE BETTERMENT OF OUR COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barry Furze Vice Preside | 0 | $0 | |
Brenda Sabers Treasurer | 0 | $0 | |
Heidi Kruse Director | 0 | $0 | |
Aaron Jordan Director | 0 | $0 | |
Marchia Johnston President | 0 | $0 | |
Tessa Gunderson Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $116,752 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $116,752 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $304 |
Contributions, gifts, grants paid | $64,895 |
Total expenses and disbursements | $65,199 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $84,856 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $84,856 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Sturgis Rally Charities Foundation has awarded $64,895 in support to 29 organizations.
Grant Recipient | Amount |
---|---|
CRISIS INTERVENTION PURPOSE: GENERAL BUDGET | $11,000 |
Sturgis, SD PURPOSE: GENERAL BUDGET | $6,000 |
NORTHERN HILLS CASA PURPOSE: GENERAL BUDGET | $5,720 |
MEADE 46-1 SCHOOL NURSE PURPOSE: GENERAL BUDGET | $5,000 |
SOCIETY OF ST VINCENT DE PAUL PURPOSE: GENERAL BUDGET | $5,000 |
LOVE INC PURPOSE: GENERAL BUDGET | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Lakes And Pines Community Action Council Inc Mora, MN | $3,434,723 | $9,795,071 |
Rocky Mountain Development Council Inc Helena, MT | $19,568,493 | $12,980,509 |
Center For People In Need Inc Lincoln, NE | $4,396,742 | $7,753,507 |
Kootasca Community Action Inc Grand Rapids, MN | $3,733,183 | $8,667,071 |
St Paul Auto Dealers And District 77 Lodge Iamaw Joint Fund Bloomington, MN | $6,441,158 | $6,840,517 |
Community Facility Public Private Partnerships Minnetonka, MN | $139,342,573 | $6,847,373 |
Emerge Community Development Minneapolis, MN | $6,688,888 | $6,982,216 |
Regional Development Authority Davenport, IA | $4,541,432 | $7,109,702 |
Southwestern Minnesota Opportunity Council Inc Worthington, MN | $6,681,573 | $5,602,564 |
Thunder Valley Community Development Corporation Porcupine, SD | $24,786,426 | $14,048,128 |
South Central Iowa Community Action Program Inc Chariton, IA | $1,633,928 | $5,339,343 |
Western South Dakota Community Action Inc Rapid City, SD | $273,358 | $4,989,303 |