Gbaso Inc is located in Green Bay, WI. The organization was established in 2014. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 12/2021, Gbaso Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gbaso 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 12/2021, Gbaso Inc generated $309.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $188.2k during the year ending 12/2021. While expenses have increased by 3.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND CONDUCT NATIONAL OR INTERNATIONAL AMATEUR COMPETITION IN THE SPORTS OF SKATEBOARDING AND/OR BMX BIKING AND TO LESSEN THE BURDENS OF GOVERNMENT BY PARTNERING WITH PUBLIC SCHOOL CURRICULUMS IN PHYSICAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS ACTIVELY PROVIDING AND MAINTAINING A SKATEBOARDING AND BMX BIKING FACILITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Fruzyna Pres/treas & | OfficerTrustee | 5 | $0 |
Shea Nimocks Secretary & | OfficerTrustee | 5 | $0 |
Jason Bartanen Director | Trustee | 5 | $0 |
Christine Gunderson Director | Trustee | 5 | $0 |
Mike Pierce Director | Trustee | 5 | $0 |
Nicole Vonholzen Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $37,726 |
All other contributions, gifts, grants, and similar amounts not included above | $46,370 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $84,096 |
Total Program Service Revenue | $171,473 |
Investment income | $15 |
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 | $53,812 |
Miscellaneous Revenue | $0 |
Total Revenue | $309,646 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $96,536 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,385 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $441 |
Office expenses | $15,420 |
Information technology | $3,484 |
Royalties | $0 |
Occupancy | $30,972 |
Travel | $574 |
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 | $26,047 |
All other expenses | $5,202 |
Total functional expenses | $188,161 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $229,723 |
Savings and temporary cash investments | $0 |
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 | $12,675 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $39,878 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $282,276 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,448 |
Total liabilities | $6,448 |
Net assets without donor restrictions | $0 |
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 | $275,828 |
Total liabilities and net assets/fund balances | $282,276 |
Over the last fiscal year, we have identified 1 grants that Gbaso Inc has recieved totaling $208.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $208 |
Organization Name | Assets | Revenue |
---|---|---|
Childrens Service Society Of Wisconsin Milwaukee, WI | $14,842,492 | $52,689,680 |
Warm Blankets Childrens Foundation Inc Rolling Meadows, IL | $1,863,043 | $8,239,243 |
Running Rebels Community Organization Inc Milwaukee, WI | $6,399,369 | $7,453,258 |
Kids Around The World Inc Rockford, IL | $3,875,247 | $5,941,547 |
Center Of The American Experiment Golden Valley, MN | $2,778,066 | $5,418,684 |
Northern Lights Junior Volleyball Inc Burnsville, MN | $2,344,363 | $4,802,120 |
Youth & Opportunity United Inc Evanston, IL | $12,497,971 | $3,232,601 |
Life House Incorporated Duluth, MN | $3,542,824 | $3,195,921 |
Uncommon Sports Group St Louis Park, MN | $1,690,784 | $2,171,450 |
Good Will Farm Association Houghton, MI | $7,890,594 | $2,002,394 |
Crisis Nursery Urbana, IL | $5,150,005 | $1,857,536 |
Homework Hangout Club Decatur, IL | $500,272 | $1,621,582 |