Minnesota Iron Rangers Inc
- Assets
- $4.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hoyt Lakes, MN
- Founding
- 09/2015
- Data as of
- 12/2019
- EIN
- 46-2831609
Organization Overview
Minnesota Iron Rangers Inc is located in Hoyt Lakes, MN. The organization was established in 2015. 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. Minnesota Iron Rangers 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 12/2019, Minnesota Iron Rangers Inc generated $29.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.2%) each year. All expenses for the organization totaled $35.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (28.1%) per year over the past 5 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 |
|---|---|---|---|
Robert Bartholomew President | 10 | $0 | |
Cherie Grams Secretary | 10 | $0 | |
Deborah Kramar Treasurer | 10 | $0 | |
Cathy Batholomew Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,230 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $250 |
| Net Income from Gaming & Fundraising | $11,808 |
| Other Revenue | $0 |
| Total Revenue | $29,791 |
| 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 | $487 |
| Occupancy, rent, utilities, and maintenance | $6,518 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,322 |
| Total expenses | $35,327 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,488 |
| Other assets | $0 |
| Total assets | $4,488 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,488 |
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