Thunderridge Grizzly Bear Backer Club
- Assets
- $650.9k
- Revenue
- $786.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Highlands Ranch, CO
- Founding
- 11/1998
- Data as of
- 12/2023
- 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. As of 12/2023, Thunderridge Grizzly Bear Backer Club employed 2 individuals. 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 12/2023, Thunderridge Grizzly Bear Backer Club generated $786.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $818.0k during the year ending 12/2023. 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
SEE SCHEDULE O
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 OFFICIATING 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 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 PROGRAM BUDGETARY 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 ASSOCIATED WITH THE SCHOOL. PROGRAM SERVICES REPRESENTED HERE ARE GRANTED TO 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 |
|---|---|---|---|
Stacey Stafford President | OfficerTrustee | 5 | $0 |
Amy Fowles Vice President | OfficerTrustee | 4 | $0 |
Betty Dungey Treasurer | OfficerTrustee | 20 | $6,000 |
Robert Nelson Former Treasurer | OfficerTrustee | 20 | $12,000 |
Shelley Wells Secretary | OfficerTrustee | 3 | $0 |
Suzanne Patterson Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $56,690 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,538 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,228 |
| Total Program Service Revenue | $494,268 |
| Investment income | $6,168 |
| 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 | $91,145 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $786,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $762,318 |
| Grants and other assistance to domestic individuals. | $2,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,264 |
| 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 | $16,051 |
| Advertising and promotion | $0 |
| Office expenses | $552 |
| Information technology | $4,328 |
| 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 | $425 |
| All other expenses | $0 |
| Total functional expenses | $817,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,472 |
| Savings and temporary cash investments | $630,464 |
| 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 | $650,936 |
| 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 | $650,500 |
| 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 | $650,936 |