Boundary Waters Action Fund
- Assets
- $60.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ely, MN
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-0522287
Organization Overview
Boundary Waters Action Fund is located in Ely, MN. The organization was established in 2019. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boundary Waters Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Boundary Waters Action Fund generated $3.5k 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 (61.2%) each year. All expenses for the organization totaled $3.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (61.9%) 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
2021
Describe the Organization's Program Activity:
Part 3
BWAF ORGANIZED AND CONDUCTED VISITS WITH ELECTED OFFICIALS AND PROVIDED PUBLIC EDUCATION ABOUT THE DANGERS OF A PROPOSED SULFIDE-ORE COPPER MINE IN THE WATERSHED OF THE BWCAW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Rom Chair | 1 | $0 | |
Jon Nelson Vice Chair | 1 | $0 | |
David Miller Treasurer | 1 | $0 | |
Jeff Soderstrom Director | 1 | $0 | |
Dodd Cosgrove Director | 1 | $0 | |
Matt Entenza Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,296 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,234 |
| Total Revenue | $3,530 |
| 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 | $2,148 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,180 |
| Total expenses | $3,328 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,178 |
| Other assets | $0 |
| Total assets | $60,297 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,297 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boundary Waters Action Fund has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Northeastern Minnesotans For Wilderness Ely, MN PURPOSE: SUPPORT OPERATIONS. | $100,000 |
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