Fort Wayne Bmx is located in Fort Wayne, IN. The organization was established in 2015. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Fort Wayne Bmx 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 01/2023, Fort Wayne Bmx generated $69.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $75.8k during the year ending 01/2023. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 2 years. 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
2023
Describe the Organization's Program Activity:
Part 3
BMX PROGRAM PROVIDED SEASONAL AMATEUR BMX RACING, PRACTICE AND TRAINING PROGRAMS FOR PARTICIPANTS. PROVIDED 98 EVENT OPPORTUNITIES FOR PARTICIPANTS TO COMPETE, TRAIN AND PRACTICE. 4,120 RIDERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Byron Goodwin President | 20 | $0 | |
Amy Goodwin Vice Preside | 1 | $0 | |
Brian Gamulkiewicz Director | 1 | $0 | |
Diana Ferrer Treasurer | 1 | $0 | |
Laura Berghoff Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,250 |
| Total Program Service Revenue | $26,057 |
| Membership dues | $8,545 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,452 |
| Other Revenue | $271 |
| Total Revenue | $69,039 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $281 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $23,919 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,568 |
| Total expenses | $75,768 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,132 |
| Other assets | $0 |
| Total assets | $16,132 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,132 |