Higher Power Sports is located in Parkston, SD. The organization was established in 2016. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Higher Power Sports 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, Higher Power Sports generated $82.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $69.0k during the year ending 12/2021. While expenses have increased by 15.6% per year over the past 2 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 SERVE STUDENT ATHLETES, COACHES, AND THEIR FAMILIES THROUGH THE POWER OF FAITH AND SERVANT LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE STUDENT ATHLETES, COACHES, AND THEIR FAMILIES THROUGH THE POWER OF FAITH AND SERVANT LEADERSHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Weidenbach Director | Officer | 40 | $34,250 |
Adam Bormann Board Of Dir | Trustee | 1 | $0 |
Bill Hansen Board Of Dir | Trustee | 1 | $0 |
Tammi Skillingstad Board Of Dir | Trustee | 1 | $0 |
Thomas Weidenbach Board Of Dir | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $6,854 |
All other contributions, gifts, grants, and similar amounts not included above | $73,020 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $79,874 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,387 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $82,261 |
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 | $34,250 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,723 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $751 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $325 |
Advertising and promotion | $5,241 |
Office expenses | $1,940 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $680 |
Travel | $18,861 |
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 | $0 |
All other expenses | $4,250 |
Total functional expenses | $69,021 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,987 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $15,987 |
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 | $15,987 |
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 | $15,987 |
Over the last fiscal year, we have identified 1 grants that Higher Power Sports has recieved totaling $18.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Organization Name | Assets | Revenue |
---|---|---|
Sustainable Resources Center Inc Minneapolis, MN | $3,332,676 | $9,518,070 |
National Center For Appropriate Technology Inc Butte, MT | $4,167,220 | $7,645,533 |
Clean Grid Alliance St Paul, MN | $2,848,873 | $3,181,590 |
Rural Renewable Energy Alliance Backus, MN | $404,983 | $808,415 |
Ecolibrium3 Duluth, MN | $866,047 | $700,371 |
Metro Blooms Minneapolis, MN | $665,346 | $921,084 |
Red Cloud Renewable Pine Ridge, SD | $404,585 | $607,434 |
Community Power Minneapolis, MN | $1,100,840 | $1,110,631 |
Generation Atomic Saint Paul, MN | $78,843 | $310,927 |
Alternative Energy Resources Organization Helena, MT | $359,173 | $338,328 |
Generation Atomic Movement Mobilizing Alliance Falcon Heights, MN | $6,408 | $250,543 |
Winneshiek Energy District Decorah, IA | $180,858 | $327,220 |