Mi-B Quarterback Club is located in Virginia, MN. The organization was established in 2018. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mi-B Quarterback 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 12/2022, Mi-B Quarterback Club generated $28.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $27.5k during the year ending 12/2022. 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
IMPROVE AND ASSIST MI-B FOOTBALL PROGRAM WITH APPROXIMATELY 84 PLAYERS GRADESK-12 BY PURCHASING NECESSARY EQUIPMENT, PAYING FOR SUMMER TEAM CAMPS,PROVIDING AND COORDINATING MEALS, AND FULLY FUNDING ELEMENTARY TACKLE FOOTBALL PROGRAM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Lanari Akstulewic President | 1 | $0 | |
Kathleen Alto Vice President | 1 | $0 | |
Elizabeth Olivanti Treasurer | 1 | $0 | |
Courtney Johnson Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,759 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,586 |
| Other Revenue | $300 |
| Total Revenue | $28,617 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,478 |
| Total expenses | $27,478 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,535 |
| Other assets | $0 |
| Total assets | $38,060 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,060 |