Grand Forks Fastbreak Club Inc
- Assets
- $26.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Forks, ND
- Founding
- 12/1990
- Data as of
- 06/2022
- EIN
- 36-3696890
Organization Overview
Grand Forks Fastbreak Club Inc is located in Grand Forks, ND. The organization was established in 1990. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Forks Fastbreak Club Inc 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 06/2022, Grand Forks Fastbreak Club Inc generated $124.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $128.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED COACHING AND PUT ON TOURNAMENTS FOR YOUTH BASKETBALL PLAYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Thompson President And Director | 3 | $0 | |
Kevin Ohnstad VP To 6/7/22 And Director | 0.25 | $0 | |
Jerrod Hanson Treasurer And Director | 0.46 | $0 | |
Trevor Lennon VP As Of 6/7/22 And Director | 0.25 | $0 | |
Jon Strandell Secretary As Of 6/7/22 And Director | 0.4 | $0 | |
Nate Carlson Secretary To 6/7/22 And Director | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $118,514 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,523 |
| 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 | $855 |
| Occupancy, rent, utilities, and maintenance | $20,750 |
| Printing, publications, postage, and shipping | $513 |
| Other expenses | $106,092 |
| Total expenses | $128,210 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,846 |
| Other assets | $0 |
| Total assets | $26,846 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,846 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grand Forks Fastbreak Club Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Greater Grand Forks Convention & Visitors Bureau Grand Forks, ND PURPOSE: EVENT FUNDING | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Dynamics Inc Billings, MT | $31,768,489 | $23,326,984 |
Center Of The American Experiment Golden Valley, MN | $2,778,066 | $5,418,684 |
Northern Lights Junior Volleyball Inc Burnsville, MN | $2,344,363 | $4,802,120 |
Life House Incorporated Duluth, MN | $3,542,824 | $3,195,921 |
Uncommon Sports Group St Louis Park, MN | $1,690,784 | $2,171,450 |
Construction Careers Foundation Minneapolis, MN | $453,242 | $870,916 |
Minnesota Usa Wrestling Inc Minneapolis, MN | $545,750 | $489,626 |
Delano Area Youth Hockey Association Inc Delano, MN | $471,339 | $419,404 |
Coon Rapids Soccer Association Coon Rapids, MN | $201,864 | $354,051 |
Urban Business Adventures St Paul, MN | $0 | $0 |
The North Dakota High School Rodeo Asssociation Inc Rhame, ND | $262,774 | $252,381 |
Friends Of Brookings Baseball Inc Brookings, SD | $123,500 | $249,858 |