Blue Grass Sportmens League Inc
- Assets
- $2.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 24
- Location
- Wilmore, KY
- Founding
- 03/1948
- Data as of
- 08/2023
- EIN
- 61-0420104
Organization Overview
Blue Grass Sportmens League Inc is located in Wilmore, KY. The organization was established in 1948. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Blue Grass Sportmens League Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Grass Sportmens League Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Blue Grass Sportmens League Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $817.4k during the year ending 08/2023. While expenses have increased by 0.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MAIN OBJECTIVES OF THIS LEAGUE ARE AS FOLLOWS:(1) TO MAINTAIN THE HONOR, DIGNITY, AND ETHICS OF GOOD SPORTSMANSHIP AMONG THE MEMBERS OF THIS LEAGUE.(2) TO MAINTAIN ACTIVE MEMBERSHIP IN THE LEAGUE OF KENTUCKY SPORTSMEN AND THROUGH OUR JOINT EFORTS AND IN CONJUNCTION WITH THE KENTUCKY DEPARTMENT OF FISH AND WILDLIFE, PROMOTE A CONSTRUCTIVE PROGRAM FOR BETTER HUNTING AND FISHING AND THE DEVELOPMENT OF THE NATURAL RESOURCES OF KENTUCKY SO THAT IT MAY REMAIN "THE HAPPY HUNTING GROUND AND THE "FISHERMAN PARADISE AND A MECCA OF ALL TRUE SPORTSMEN.(3) TO MAINTAIN THE USE OF SUITABLE LAND NECESSARY TO PROMOTE THE DESIRED PROJECTS OF THE LEAGUE, SUCH AS SKEET, TRAP, RIFLE AND PISTOL SHOOTING, ARCHERY, CASTING, FIELD TRIALS, SPORTSMEN'S SHOWS, AND OTHER SPORTING ACTIVITIES THAT MAY BE CONDUCIVE TO THE ENTERTAINMENT, HEALTH AND HAPPINESS OF THE MEMBERS AND ASSURE THE SUCCESS OF THE LEAGUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE SPORTSMANSHIP, CONSERVATION, RESTORATION OF HABITAT, ASSIST KY DEPT OF FISH & WILDLIFE IN CREATING PROGRAMS FOR HUNTING, FISHING & DEVELOPMENT OF NATURAL RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lafe Kunkel President | OfficerTrustee | 5 | $0 |
Burton Wright Secretary | OfficerTrustee | 5 | $0 |
Ron Summers Treasurer | OfficerTrustee | 5 | $0 |
Aaron Brulc Director At Large | Trustee | 1 | $0 |
Fred Foster Director At Large | Trustee | 1 | $0 |
Tim Foley Director At Large | Trustee | 1 | $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 | $3,121 |
| Noncash contributions included in lines 1a–1f | $999 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,121 |
| Total Program Service Revenue | $935,893 |
| Investment income | $9,572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,479 |
| Net Gain/Loss on Asset Sales | -$10,653 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,176,298 |
| 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 | $235,349 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,668 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,892 |
| Fees for services: Accounting | $3,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,113 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,093 |
| 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 | $73,354 |
| Insurance | $46,232 |
| All other expenses | $57,660 |
| Total functional expenses | $817,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $674,247 |
| Savings and temporary cash investments | $241,103 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,271 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,406 |
| Prepaid expenses and deferred charges | $10,199 |
| Net Land, buildings, and equipment | $1,160,481 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,121,707 |
| Accounts payable and accrued expenses | $29,951 |
| 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 | $933 |
| Total liabilities | $30,884 |
| Net assets without donor restrictions | $2,090,823 |
| 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 | $2,121,707 |