Robert & Wilma Burbach Bike Foundation Of Mn Inc
- Assets
- $89.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ham Lake, MN
- Founding
- 03/2014
- Data as of
- 12/2022
- EIN
- 46-0547813
Organization Overview
Robert & Wilma Burbach Bike Foundation Of Mn Inc is located in Ham Lake, MN. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert & Wilma Burbach Bike Foundation Of MN 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 12/2022, Robert & Wilma Burbach Bike Foundation Of MN Inc generated $85.2k 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 (3.5%) each year. All expenses for the organization totaled $81.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Gothan Executive Director | 28 | $47,518 | |
Gary Nereson President | 3 | $0 | |
Byron Dokken Vice Presiden | 5 | $0 | |
Richard Meier Secretary | 3 | $0 | |
Michael Thews Treasurer | 3 | $0 | |
Tyler Messerole Director At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,246 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $60 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,901 |
| Total Revenue | $85,207 |
| 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 | $47,538 |
| Occupancy, rent, utilities, and maintenance | $10,801 |
| Printing, publications, postage, and shipping | $230 |
| Other expenses | $22,425 |
| Total expenses | $80,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,976 |
| Other assets | $0 |
| Total assets | $89,898 |
| Total liabilities | $4,085 |
| Net assets or fund balances | $85,813 |