Faribault Booster Club
- Assets
- $143.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Faribault, MN
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-2361456
Organization Overview
Faribault Booster Club is located in Faribault, MN. The organization was established in 2012. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Faribault Booster Club 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 12/2021, Faribault Booster Club generated $139.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $101.6k during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 7 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
ORGANIZATION PROVIDES SUPPORT FOR ALL FORMS OF SCHOOL ATHLETICS AND SPORTS IN THE FARIBAULT MN PUBLIC SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Peroutka Secretary | 2 | $0 | |
Bob Fielitz Trustee | 2 | $0 | |
Mike Ross Treasurer | 2 | $0 | |
Ruth Olson Trustee | 2 | $0 | |
Kenneth Hubert Trustee | 2 | $0 | |
Kari Vanderveen Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,066 |
| Total Program Service Revenue | $0 |
| Membership dues | $870 |
| Investment income | $0 |
| Gain or Loss | $769 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,584 |
| Total Revenue | $139,289 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $134 |
| Printing, publications, postage, and shipping | $3,745 |
| Other expenses | $2,934 |
| Total expenses | $101,582 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,157 |
| Other assets | $0 |
| Total assets | $143,653 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,653 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Faribault Booster Club has recieved totaling $387.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $387 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Next Door Foundation Inc Milwaukee, WI | $19,682,367 | $23,941,415 |
Iowa Sports Foundation Ames, IA | $1,349,375 | $1,610,513 |
South Dakota Parks & Wildlife Foundation Pierre, SD | $16,275,013 | $484,079 |
Jamestown Parks And Recreation Foundation Inc Jamestown, ND | $514,919 | $569,543 |
Minnesota Wild Foundation St Paul, MN | $288,254 | $249,908 |
Clarinda Athletic Booster Club Inc Clarinda, IA | $87,060 | $261,043 |
Fisher Governor Foundation Marshalltown, IA | $2,631,283 | $1,768,993 |
Joan & Fred Brengel Family Foundation Inc Milwaukee, WI | $3,578,463 | $193,513 |
Cedarburg Friends Of Parks And Recreation Inc Cedarburg, WI | $88,710 | $256,386 |
Devils Lake Youth Activities Association Devils Lake, ND | $1,396,922 | $751,080 |
Cedar Valley Sports And Entertainment Commission Waterloo, IA | $47,194 | $0 |
Indianola Community Youth Foundation Indianola, IA | $959,209 | $165,317 |