Mag Ridge Bmx Park
- Assets
- $5.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgeland, MS
- Founding
- Data as of
- 12/2022
- EIN
- 84-4521250
Organization Overview
Mag Ridge Bmx Park is located in Ridgeland, MS. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Mag Ridge Bmx Park 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, Mag Ridge Bmx Park generated $53.2k 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 (10.5%) each year. All expenses for the organization totaled $47.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 2 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
RACES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Baggett Treasurer | 15 | $0 | |
Elizabeth Greer President | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,175 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,175 |
| 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 | $948 |
| Occupancy, rent, utilities, and maintenance | $10,305 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,255 |
| Total expenses | $47,508 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,667 |
| Other assets | $0 |
| Total assets | $5,667 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,667 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mag Ridge Bmx Park has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Valley Conference Brentwood, TN | $13,074,927 | $12,736,519 |
United States Sports Academy Inc Daphne, AL | $22,110,276 | $4,746,949 |
Mobile Sports Authority Inc Mobile, AL | $530,471 | $696,034 |
Dragonfly Capacity Development Memphis, TN | $61,424 | $488,463 |
Oak Ridge Rowing Assocation Inc Oak Ridge, TN | $218,181 | $558,484 |
Cougar Athletic Club Inc Franklin, TN | $210,173 | $503,441 |
Louisiana High School Championship Rodeo Association Inc Cameron, LA | $20,460 | $420,829 |
Glencoe Athletic Foundation Inc Glencoe, AL | $283,206 | $170,299 |
Signal School Of Physical Education Signal Mountain, TN | $160,950 | $211,080 |
Sooner Athletic Conference Siloam Springs, AR | $175,014 | $0 |
Cahaba Sports Inc Brent, AL | $1,151,431 | $171,796 |
Shelby Youth Sports Inc Memphis, TN | $0 | $107,052 |