LTD Motorcycle Memorial Tour Fund
- Assets
- $20.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cushing, MN
- Founding
- 04/2007
- Data as of
- 12/2016
- EIN
- 65-1275802
Organization Overview
LTD Motorcycle Memorial Tour Fund is located in Cushing, MN. The organization was established in 2007. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. LTD Motorcycle Memorial Tour Fund 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 12/2016, LTD Motorcycle Memorial Tour Fund generated $1.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (73.6%) each year. All expenses for the organization totaled $6.3k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
FUNDS WERE RAISED THROUGH A MOTORCYCLE RAFFLE FOR PURPOSES OF PROVIDING SCHOLARSHIPS TO MILITARY FAMILIES MOTORCYLE RIDE TO HONOR 3 LOCAL VETERANS KILLED IN ACTIVE DUTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Hanson Vice Pres | 1 | $0 | |
Bill Hanson Director | 1 | $0 | |
Chad Turner President | 2 | $0 | |
Robert Turner Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,150 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $150 |
| Other expenses | $0 |
| Total expenses | $6,319 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,686 |
| Other assets | $0 |
| Total assets | $20,686 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,686 |
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