Fox Valley Bayern Munich is located in Sleepy Hollow, IL. The organization was established in 2014. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Fox Valley Bayern Munich 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 12/2022, Fox Valley Bayern Munich generated $75.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $66.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 4 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
YOUTHSOCCERTEAMS--150PLAYERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Schuster Club Manager | 20 | $2,500 | |
Steve Rushchinski President | 10 | $2,500 | |
Robert Heileman City Representative | 10 | $0 | |
Kirby Mccord Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $75,160 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,167 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $13,264 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $24,856 |
| Occupancy, rent, utilities, and maintenance | $26,833 |
| Printing, publications, postage, and shipping | $1,264 |
| Other expenses | $0 |
| Total expenses | $66,217 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,716 |
| Other assets | $0 |
| Total assets | $97,716 |
| Total liabilities | $52,149 |
| Net assets or fund balances | $45,567 |