Thunderridge Grizzly Bear Backer Club
- Assets
- $713.2k
- Revenue
- $533.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Highlands Ranch, CO
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 84-1454832
Organization Overview
Thunderridge Grizzly Bear Backer Club is located in Highlands Ranch, CO. The organization was established in 1998. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thunderridge Grizzly Bear Backer Club 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, Thunderridge Grizzly Bear Backer Club generated $533.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $454.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE THUNDERRIDGE GRIZZLY BEAR BACKER CLUB "GBBC" SUPPORTS MORE THAN 40 CLUBS AND ATHLETIC TEAMS IN THEIR ACTIVITIES AND FUNCTION WITH THUNDERRIDGE HIGH SCHOOL, FACILITATES FUNDS GENERATION FOR PARTICIPATION AND PROGRAM NEEDS, AND MANAGES THOSE FUNDS. THE SCHOOL HOUSES APPROXIMATELY 2100 STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FACILITATION OF RAISING, MANAGING AND SUPPLEMENTING THE FUNDS NEEDED BY THE MORE THAN 40 CLUBS AND ATHLETIC TEAMS OF THUNDERRIDGE HIGH SCHOOL IN THEIR ACTIVITIES AND FUNCTIONS ASSOCIATED WITH THE SCHOOL. THIS AID IS RENDERED TO COVER THE COMPETITION, FACILITY, SOCIAL, UNIFORM, EQUIPMENT, TRAVEL AND OFFICIALS COSTS INCURRED BY THE PROGRAMS.
THE FACILITATION OF RAISING, MANAGING AND SUPPLEMENTING THE FUNDS NEEDED BY THE MORE THAN 40 CLUBS AND ATHLETIC TEAMS OF THUNDERRIDGE HIGH SCHOOL IN THEIR ACTIVITIES AND FUNCTIONS ASSOCIATED WITH THE SCHOOL. PROGRAM SERVICES REPRESENTED HERE ARE ATTENDANCE, REGISTRATION AND COSTS FOR INSTRUCTIONAL CAMPS AND REVENUE FROM CAMPS HELD BY OUR MEMBER GROUPS TO GENERATE PROGRAM AWARENESS, IMPROVE AND EXPAND SKILLS, BUILD FUTURE PROGRAMS AND SUPPLEMENT PROGAM BUGETARY NEEDS.
THE FACILITATION OF RAISING, MANAGING AND SUPPLEMENTING THE FUNDS NEEDED BY THE MORE THAN 40 CLUBS AND ATHLETIC TEAMS OF THUNDERRIDGE HIGH SCHOOL IN THEIR ACTIVITIES AND FUNCTIONS ASSOCIATED WITH THE SCHOOL. PROGRAM SERVICES REPRESENTED HERE GRANTED TOWARD THE MISCELLANEOUS FUNCTIONS AND SERVICES PROVIDED BY GBBC - INCLUDING BUT NOT LIMITED TO SCHOLARSHIPS AND GRANT PROGRAMS AS WELL AS PERFORMANCES AND EVENTS ATTENDED BY THE MEMBERS OF THE PUBLIC. INCOME IS PRIMARILY THROUGH HOSTED TOURNAMENTS AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Nelson Treasurer | OfficerTrustee | 15 | $12,000 |
Nancy Gibbs President | OfficerTrustee | 5 | $0 |
Shelley Wells Secretary | OfficerTrustee | 3 | $0 |
Betty Dungey Director Of Membership | Trustee | 2 | $0 |
Jeff Coons Director | Trustee | 2 | $0 |
Karen O'keefe Director Of Membership | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $63,909 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,222 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,131 |
| Total Program Service Revenue | $271,678 |
| Investment income | $6,691 |
| 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 | $118,485 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $532,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $434,287 |
| 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. | $12,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $275 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $650 |
| All other expenses | $0 |
| Total functional expenses | $454,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $328,895 |
| Savings and temporary cash investments | $384,281 |
| 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 | $713,176 |
| 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 | $436 |
| Total liabilities | $436 |
| Net assets without donor restrictions | $712,740 |
| 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 | $713,176 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Thunderridge Grizzly Bear Backer Club has recieved totaling $5,153.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,051 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $102 |
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