Valdez Fish Derbies Inc
- Assets
- $118.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valdez, AK
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 27-0073422
Organization Overview
Valdez Fish Derbies Inc is located in Valdez, AK. The organization was established in 2004. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Valdez Fish Derbies Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Valdez Fish Derbies Inc generated $88.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $91.3k during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
SOLD DERBY TICEKETS TO INDIVIDUALS AND ADVERTISEMENT TO BUSIENSSES PROVIDING PRIZES FOR FISH DERBIES, ENHANCING SPORT FISHING IN VALDEZ.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Prax President | 4 | $0 | |
Laurie Prax Secretary | 8 | $0 | |
Laura Saxe Director | 2 | $0 | |
Will Stark Treasurer | 4 | $0 | |
Mike Wells Director | 4 | $0 | |
Bonnie Woods Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $581 |
| Total Program Service Revenue | $41,140 |
| Membership dues | $0 |
| Investment income | $223 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $44,994 |
| Other Revenue | $0 |
| Total Revenue | $88,532 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,405 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,585 |
| Printing, publications, postage, and shipping | $1,354 |
| Other expenses | $68,934 |
| Total expenses | $91,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,992 |
| Other assets | $0 |
| Total assets | $118,721 |
| Total liabilities | $127 |
| Net assets or fund balances | $118,594 |
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