Hypervelocity Impact Society
- Assets
- $111.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winona, MN
- Founding
- 12/1992
- Data as of
- 12/2021
- EIN
- 85-0386520
Organization Overview
Hypervelocity Impact Society is located in Winona, MN. The organization was established in 1992. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hypervelocity Impact Society 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, Hypervelocity Impact Society generated $2.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $1.4k during the year ending 12/2021. 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
TO PROMOTE KNOWLEDGE AND EXCHANGE OF INFORMATION IN THE FIELD OF PROJECTILE IMPACTS, INCLUDING METEORITE AND HIGH VELOCITY GUN IMPACTS. THE SOCIETY HAS ROUGHLY 200 MEMBERS AND HOSTS A BIENNIAL SYMPOSIUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Ryan President | 2 | $0 | |
Todd Bjerke Board Member | 0.5 | $0 | |
William Schonberg Past President | 2 | $0 | |
James Wilbeck Board Member | 0.5 | $0 | |
Gene Hertel Board Member | 0.5 | $0 | |
Bill Reinhart Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,670 |
| Membership dues | $100 |
| Investment income | $984 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,754 |
| 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 | $1,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19 |
| Total expenses | $1,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,485 |
| Other assets | $0 |
| Total assets | $111,485 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,485 |
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