Elkhorn Athletic Association Inc
- Assets
- $8.7m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 25
- Location
- Elkhorn, NE
- Founding
- 05/2004
- Data as of
- 12/2022
- EIN
- 47-0734156
Organization Overview
Elkhorn Athletic Association Inc is located in Elkhorn, NE. The organization was established in 2004. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Elkhorn Athletic Association Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elkhorn 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, Elkhorn Athletic Association Inc generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.5% each year . All expenses for the organization totaled $4.4m during the year ending 12/2022. While expenses have increased by 31.0% per year over the past 7 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
ELKHORN-BASED NON-PROFIT YOUTH SPORTS ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELKHORN ATHLETIC ASSOCIATION (EAA) HAS STRONG ROOTS IN THE COMMUNITY DATING BACK FIVE DECADES. EAA REMAINS ALIGNED IN MISSION, VISION AND VALUES TO SERVE YOUTH SPORTS AND OUR SURROUNDING COMMUNITY. TODAY WE PROVIDE ATHLETIC OPPORTUNITIES FOR OVER 6,000 REGISTERED ATHLETES (BOYS AND GIRLS) PARTICIPATING IN NINE SPORTS. A VAST MAJORITY OF THE YOUTH SERVED ARE ELKHORN PUBLIC SCHOOL (EPS) STUDENTS OR FROM THE SURROUNDING COMMUNITIES, REPRESENTING MORE THAN 3,000 ELKHORN-AREA FAMILIES. EAA IS ENDEAVORING TO BUILD AN OUTDOOR SPORTS COMPLEX THAT WILL SERVE AS A REGIONAL DESTINATION FOR AREA YOUTH SPORTS TOURNAMENTS AND LEAGUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Herringer Assistant Director/director Of Soccer | Officer | 40 | $100,549 |
Bruce O'neel Executive Director | Officer | 40 | $95,000 |
Darren Osten Treasurer/secretary | Officer | 20 | $0 |
Jason Mcdonald Chairman | OfficerTrustee | 4 | $0 |
Kathy Rygg Vice Chair | OfficerTrustee | 4 | $0 |
Joey Macken President-Softball | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cypress Field Maintenance | 12/30/22 | $178,179 |
Wired Training Center Team Assessments/training | 12/30/22 | $194,700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,945 |
| Related organizations | $0 |
| Government grants | $2,023,265 |
| All other contributions, gifts, grants, and similar amounts not included above | $751,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,793,613 |
| Total Program Service Revenue | $4,092,079 |
| Investment income | $1,146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,435 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,417 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,639 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,930,942 |
| 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. | $195,549 |
| Compensation of current officers, directors, key employees. | $57,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $539,226 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $58,335 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,473 |
| Fees for services: Accounting | $22,797 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $532,313 |
| Advertising and promotion | $37,652 |
| Office expenses | $5,303 |
| Information technology | $67,923 |
| Royalties | $0 |
| Occupancy | $870,902 |
| Travel | $24,917 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $142,972 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,263 |
| Insurance | $67,273 |
| All other expenses | $435,382 |
| Total functional expenses | $4,362,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,228,289 |
| Savings and temporary cash investments | $223,425 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,080 |
| 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 | $5,495,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $801,541 |
| Total assets | $8,749,547 |
| Accounts payable and accrued expenses | $24,892 |
| Grants payable | $0 |
| 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 | $4,802,858 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $149,900 |
| Total liabilities | $4,977,650 |
| Net assets without donor restrictions | $1,620,626 |
| Net assets with donor restrictions | $2,151,271 |
| 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 | $8,749,547 |