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 12/2023, Hugo Yellow Ribbon Network generated $148.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $153.7k during the year ending 12/2023. While expenses have increased by 27.2% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
SEND CARE PACKAGES, GAMES, SECRET SANTA, AND HELP VETERANS WITH THEIR DAY TO DAY LIVING EXPENSES.
| 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 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $86,614 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $62,110 |
| Other Revenue | $0 |
| Total Revenue | $148,724 |
| 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 | $46,918 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $106,785 |
| Total expenses | $153,703 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,640 |
| Other assets | $0 |
| Total assets | $39,640 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,640 |