Minnetonka Touchdown Club Inc
- Assets
- $74.3k
- Revenue
- $403.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 46-0496128
Organization Overview
Minnetonka Touchdown Club Inc is located in Minnetonka, MN. The organization was established in 2016. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Minnetonka Touchdown Club Inc 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 12/2023, Minnetonka Touchdown Club Inc generated $403.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $412.9k during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE MTC IS TO PROMOTE AND DEVELOP A POSITIVE MINNETONKA HIGH SCHOOL VARSITY AND JUNIOR VARSITY FOOTBALL PROGRAM BY PROVIDING FINANCIAL ASSISTANCE, PROVIDING TRAINING OPPORTUNITIES AND LENDING MORAL SUPPORT TO OUR STUDENTS, ATHLETES, COACHES AND TEAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, MINNETONKA TOUCHDOWN CLUB RAISED FUNDS AND PROVIDED VOLUNTEERS TO SUPPORT THE SALARIES OF ASSISTANT COACHES; PROVIDE CAMPS, EDUCATION AND TRAINING FOR PLAYERS AND COACHES; PURCHASE EQUIPMENT; PROVIDE SCHOLARSHIPS FOR GRADUATING PLAYERS; SUPPORT COMMUNITY ACTIVITIES SUCH AS "SALUTE TO SERVICE" GAMEDAY PROGRAMMING AND TACKLE CANCER FUNDRAISING; AND HELP FUND ATHLETIC FACILITY MAINTENANCE AND UPGRADES IN SUPPORT OF MULTIPLE HIGH SCHOOL AND COMMUNITY ATHLETIC TEAMS AND CLUBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Becker President | OfficerTrustee | 4 | $0 |
Zach Augustyn Co-Vice President | OfficerTrustee | 4 | $0 |
Ryan Gutzmer Co-Vice-President | OfficerTrustee | 4 | $0 |
Chris Keenan Treasurer | OfficerTrustee | 4 | $0 |
Ann Mayers Secretary | OfficerTrustee | 4 | $0 |
Tracy Call Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,700 |
| Fundraising events | $88,123 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $225,530 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $333,353 |
| Total Program Service Revenue | $52,899 |
| Investment income | $259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,206 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,369 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $403,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,968 |
| Grants and other assistance to domestic individuals. | $8,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $2,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,402 |
| Advertising and promotion | $4,394 |
| Office expenses | $15,650 |
| Information technology | $129 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $705 |
| All other expenses | $35,174 |
| Total functional expenses | $412,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,781 |
| Savings and temporary cash investments | $67,562 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $74,343 |
| Accounts payable and accrued expenses | $3,909 |
| Grants payable | $9,000 |
| 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 | $0 |
| Total liabilities | $12,909 |
| Net assets without donor restrictions | $61,434 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $74,343 |
Grants Awarded
Over the last fiscal year, Minnetonka Touchdown Club Inc has awarded $157,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MINNETONKA INDEPENDENT SCHOOL DISTRICT NO 276MINNETONKA PUBLIC SCHOOLS PURPOSE: The organization donated funds to purchase and install a new scoreboard at the Minnetonka High School football stadium. | $77,500 |
MINNETONKA DIAMOND CLUB PURPOSE: The organization donated funds to purchase and install a new scoreboard at the Minnetonka High School football stadium. | $80,000 |