Michigan State Usbc Bowling Associa
- Assets
- $426.9k
- Revenue
- $836.8k
- Investments
- $0.0
- Employees
- 10
- Location
- Rives Junction, MI
- Founding
- Data as of
- 07/2017
- EIN
- 13-4303805
Organization Overview
Michigan State Usbc Bowling Associa is located in Rives Junction, MI. As of 07/2017, Michigan State Usbc Bowling Associa employed 10 individuals. Michigan State Usbc Bowling Associa 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 07/2017, Michigan State Usbc Bowling Associa generated $836.8k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $736.1k during the year ending 07/2017. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZE AND OPERATE THE MICHIGAN STATE BOWLING TOURNAMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RECIEVES REVENUE INCURRS EXPENSES TO OPERATE THE STATE OF MICHIGAN'S ANNUAL BOWLING TOURNAMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Loughlin Association | Officer | 10 | $28,840 |
Darrell Craw Director | Trustee | $694 | |
Scott Barker Director | Trustee | $570 | |
Mark Martin Director | Trustee | $570 | |
Bruce Marshall 1st Vice Pre | Officer | $370 | |
Richard Smith Director | Trustee | $363 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,440 |
| Investment income | $998 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,631 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,067 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $836,805 |
| Statement of Expenses | |
|---|---|
| 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. | $34,352 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,262 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,932 |
| Office expenses | $17,751 |
| Information technology | $3,270 |
| Royalties | $0 |
| Occupancy | $9,600 |
| Travel | $2,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,385 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,145 |
| Insurance | $751 |
| All other expenses | $0 |
| Total functional expenses | $736,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,386 |
| Savings and temporary cash investments | $118,152 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $426,947 |
| Accounts payable and accrued expenses | $7,116 |
| 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 | $7,116 |
| Net assets without donor restrictions | $419,831 |
| 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 |
| Total liabilities and net assets/fund balances | $419,831 |
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