Bozeman Sports Parks Foundation Inc
- Assets
- $454.2k
- Revenue
- $317.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Bozeman, MT
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 47-2406189
Organization Overview
Bozeman Sports Parks Foundation Inc is located in Bozeman, MT. The organization was established in 2015. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Bozeman Sports Parks Foundation 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 12/2023, Bozeman Sports Parks Foundation Inc generated $317.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $198.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 6 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, IMPROVE, AND ENHANCE OPPORTUNITIES FOR YOUTH FIELD SPORTS AND ACTIVE RECREATION BY SECURING PHILANTHROPIC SUPPORT TO BUILD AND MAINTAIN THE BOZEMAN SPORTS PARK AND OTHER PUBLICLY-ACCESSIBLE COMMUNITY PLAYING FIELDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE, IMPROVE, AND ENHANCE OPPORTUNITIES FOR YOUTH FIELD SPORTS AND ACTIVE RECREATION BY SUPPORTING THE CONSTRUCTION OF THE BOZEMAN SPORTS PARK; AND CONTRIBUTING THOSE COSTS TO THE CITY OF BOZEMAN RELATED TO SITE-PREPARATION AND PRE-CONSTRUCTION OF THE PARK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Yeomans President | OfficerTrustee | 5 | $0 |
Heather Klein Treasurer | OfficerTrustee | 5 | $0 |
Bridget Ekstrom Vice President | OfficerTrustee | 5 | $0 |
Ryan Springer Secretary | OfficerTrustee | 5 | $0 |
Mitch Overton Director | Trustee | 5 | $0 |
Joe Romano Director | Trustee | 5 | $0 |
Financial Statements
| 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 | $142,941 |
| Noncash contributions included in lines 1a–1f | $4,357 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,941 |
| Total Program Service Revenue | $172,635 |
| Investment income | $1,786 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $105 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $317,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,897 |
| 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. | $15,514 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,619 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $66,617 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $570 |
| Advertising and promotion | $0 |
| Office expenses | $7,521 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $695 |
| Travel | $0 |
| 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 | $28,166 |
| Insurance | $2,323 |
| All other expenses | $0 |
| Total functional expenses | $198,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,048 |
| Savings and temporary cash investments | $39,206 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $80,963 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $454,217 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $454,217 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $454,217 |