Minnehaha Archers Inc
- Assets
- $231.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 02/1991
- Data as of
- 12/2022
- EIN
- 23-7243533
Organization Overview
Minnehaha Archers Inc is located in Sioux Falls, SD. The organization was established in 1991. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnehaha Archers Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Minnehaha Archers Inc generated $70.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $47.4k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 4 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
JUNIOR OLYMPIC ARCHERY DEVELOPMENT PROGRAM FOR YOUTH. OVER 400 KIDS HAVE PARTICIPATED IN THIS PROGRAM SINCE ITS INCEPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Audus President | 2 | $0 | |
Jack Moulton Vice-President | 2 | $0 | |
Kim Audus Secretary | 2 | $0 | |
Carl Swenson Treasurer | 4 | $0 | |
Doug Ellis Past President | 2 | $0 | |
Donny Mcfarland Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,573 |
| Total Program Service Revenue | $12,908 |
| Membership dues | $27,393 |
| Investment income | $10,526 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,082 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,828 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,526 |
| Occupancy, rent, utilities, and maintenance | $20,034 |
| Printing, publications, postage, and shipping | $205 |
| Other expenses | $19,741 |
| Total expenses | $47,434 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $156,176 |
| Other assets | $0 |
| Total assets | $231,338 |
| Total liabilities | $0 |
| Net assets or fund balances | $231,338 |