International Falls Bass Championship
- Assets
- $93.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- International Falls, MN
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 20-2521972
Organization Overview
International Falls Bass Championship is located in International Falls, MN. The organization was established in 2006. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Falls Bass Championship is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, International Falls Bass Championship generated $123.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $111.1k during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
VOLUNTEERS HOST A TWO DAY BASS FISHING TOURNAMENT WITH BOTH LOCAL PARTICIPANTS AND PROFESSIONAL ANGLERS. THE TOURNAMENT IS AN ECONOMIC BENEFIT FOR INTERNATIONAL FALLS AND THE SURROUNDING AREAS (THIS EVENT WAS CANCELLED FOR 2020 DUE TO COVID-19)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Potter President | 2 | $0 | |
Sara Smith Director | 1 | $0 | |
Mike Klaphake Director | 1 | $0 | |
Dawn Monrean Treasurer | 1 | $0 | |
Bob Wolfe Director | 1 | $0 | |
Nate Moseman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $82,335 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,401 |
| Other Revenue | $0 |
| Total Revenue | $123,092 |
| 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 | $625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $23,914 |
| Other expenses | $86,524 |
| Total expenses | $111,063 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,330 |
| Other assets | $0 |
| Total assets | $93,330 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,330 |
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