Faribo Sno-Go Club Inc
- Assets
- $148.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Faribault, MN
- Founding
- 12/2007
- Data as of
- 09/2023
- EIN
- 41-1897059
Organization Overview
Faribo Sno-Go Club Inc is located in Faribault, MN. The organization was established in 2007. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Faribo Sno-Go 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 09/2023, Faribo Sno-Go Club Inc generated $41.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $43.7k during the year ending 09/2023. 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
GROOM & MAINTAIN SNOWMOBILE TRAILS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Degrood Treasurer | 2 | $0 | |
Kurt Kluzak Director | 2 | $0 | |
Larry Shepherd Vice President | 2 | $0 | |
Emily Velishek Secretary | 2 | $0 | |
Travis Beaupre Membership | 2 | $0 | |
Tony Balata Trail Admin | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,543 |
| Total Program Service Revenue | $1,063 |
| Membership dues | $2,025 |
| Investment income | $218 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,248 |
| Other Revenue | $0 |
| Total Revenue | $41,097 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $12,888 |
| Printing, publications, postage, and shipping | $374 |
| Other expenses | $29,441 |
| Total expenses | $43,703 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,586 |
| Other assets | $0 |
| Total assets | $148,663 |
| Total liabilities | $0 |
| Net assets or fund balances | $148,663 |