Hugo Yellow Ribbon Network
- Assets
- $27.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hugo, MN
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-4942895
Organization Overview
Hugo Yellow Ribbon Network is located in Hugo, MN. The organization was established in 2015. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hugo Yellow Ribbon Network 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, Hugo Yellow Ribbon Network generated $128.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $118.5k during the year ending 12/2021. While expenses have increased by 31.3% 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
SEND CARE PACKAGES, GAMES, SECRET SANTA, AND HELP VETERANS WITH THEIR DAY TO DAY LIVING EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Haas President | 0 | $0 | |
Barbara Connelly Vice-Preside | 0 | $0 | |
Roger Clark Treasurer | 0 | $0 | |
Scott Tachney Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $114,403 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,996 |
| Other Revenue | $0 |
| Total Revenue | $128,399 |
| 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 | $7,003 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $111,451 |
| Total expenses | $118,454 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,516 |
| Other assets | $0 |
| Total assets | $27,516 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,516 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hugo Yellow Ribbon Network has recieved totaling $20,270.
| Awarding Organization | Amount |
|---|---|
Hall Family Foundation Hudson, WI PURPOSE: TO ENHANCE THE LIVES OF VETERANS AND OTHER INDIVIDUALS | $20,000 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $270 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Legion Park Rapids, MN | $825,850 | $4,270,979 |
Veterans Club Kenmare, ND | $1,486,143 | $2,790,806 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Disabled American Veterans Saint Paul, MN | $2,007,600 | $2,057,727 |
Veterans Of Foreign Wars Dept Of Minnesota Savage, MN | $1,880,038 | $1,395,935 |
Veterans Of Foreign Wars Of The United States Dept Of Wisconsin Madison, WI | $1,702,327 | $1,105,490 |
American Legion Spicer, MN | $956,184 | $1,720,277 |
Veterans Of Foreign Wars Department Of Minnesota Blaine, MN | $820,954 | $1,280,331 |
Veterans Of Foreign Wars Dept Of Minnesota Monticello, MN | $968,617 | $1,496,186 |
American Legion Chanhassen, MN | $1,138,571 | $1,734,499 |
Disabled Veterans Rest Camp Association Inc Marine On St Croix, MN | $1,826,999 | $1,185,240 |
American Legion St Paul, MN | $3,937,900 | $1,356,334 |