Omaha Suburban Athletic Association Inc is located in Omaha, NE. The organization was established in 1981. 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. Omaha Suburban Athletic Association 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, Omaha Suburban Athletic Association Inc generated $589.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $621.0k during the year ending 12/2022. While expenses have increased by 8.0% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ATHLETIC ASSOCIATION FOR YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLETIC ASSOCIATION FOR OVER 1000 YOUTHS AGES 5-17. PROGRAMS INCLUDE BASEBALL, BASKETBALL, FOOTBALL, VOLLEYBALL, SOFTBALL AND HOCKEY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Darren Obrecht President | Officer | 15 | $18,000 |
Brett Jackson Secretary | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $915 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $915 |
Total Program Service Revenue | $377,257 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $589,940 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $18,000 |
Compensation of current officers, directors, key employees. | $18,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $10,470 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $937 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,678 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $21,829 |
Advertising and promotion | $7,468 |
Office expenses | $6,354 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,306 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,568 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,263 |
Insurance | $0 |
All other expenses | $198,855 |
Total functional expenses | $621,015 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $242,515 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,400 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $13,958 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $180,559 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,645 |
Total assets | $442,077 |
Accounts payable and accrued expenses | $1,345 |
Grants payable | $0 |
Deferred revenue | $203,553 |
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 | $7,300 |
Total liabilities | $212,198 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $44,827 |
Paid-in or capital surplus, or land, building, or equipment fund | $209,029 |
Retained earnings, endowment, accumulated income, or other funds | -$23,977 |
Total liabilities and net assets/fund balances | $442,077 |