Harold King Memorial Tractor Ride Inc is located in Schaller, IA. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harold King Memorial Tractor Ride 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 12/2022, Harold King Memorial Tractor Ride Inc generated $568.0 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 (43.6%) each year. All expenses for the organization totaled $1.1k 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
THE GOAL FOR THE 2021 TRACTOR RIDE FUNDRAISER WAS TO RAISE ENOUGH FUNDS TO CREATE A SCHOLARSHIP IN MEMORY OF HAROLD KING. THIS SCHOLARSHIP IS INTENDED FOR A HIGH SCHOOL SENIOR WHO SUBMITS THEIR APPLICATION IN WRITING TO THE BOARD OF DIRECTORS. THESE APPLICANTS MUST BE PURSUING A COLLEGE DEGREE IN AGRICULTURE, OR AN AGRICULTURAL-RELATED FIELD, AND MUST BE AN ACTIVE MEMBER OF THE COMMUNITY AND IN THEIR CHURCH. WE GAVE 3 SCHOLARSHIPS OUT IN FY 2022.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirk A Langner President/treasurer | 1 | $0 | |
Marilyn M King Vice President/secretary | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,135 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$567 |
| Other Revenue | $0 |
| Total Revenue | $568 |
| 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 | $330 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $1,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $293 |
| Other assets | $0 |
| Total assets | $293 |
| Total liabilities | $0 |
| Net assets or fund balances | $293 |