X Out Ald Inc
- Assets
- $7.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- Data as of
- 12/2023
- EIN
- 85-1423811
Organization Overview
X Out Ald Inc is located in Bloomington, MN. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. X Out Ald Inc 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, X Out Ald Inc generated $132.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $128.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) 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
2023
Describe the Organization's Program Activity:
Part 3
RAISED FUNDS THROUGH OUTRUN ALD 2023 5K. DONATED $125,000 TO THE UNIVERSITY OF MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Adrian President | 5 | $0 | |
Amanda Valdez Vice President | 5 | $0 | |
Jamie Mcanelly Secretary | 5 | $0 | |
Dan Groh Treasurer | 5 | $0 | |
Cassie Groh Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,628 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $104,977 |
| Other Revenue | $341 |
| Total Revenue | $132,946 |
| 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 | $3,439 |
| Total expenses | $128,439 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,355 |
| Other assets | $0 |
| Total assets | $7,355 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,355 |