Skydive Fargo Inc
- Assets
- $147.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Fargo, ND
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 91-1790571
Organization Overview
Skydive Fargo Inc is located in West Fargo, ND. The organization was established in 1999. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Skydive Fargo Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Skydive Fargo Inc generated $54.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $63.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 8 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 Mission:
Part 3 - Line 1
TO PROVIDE SKYDIVING SERVICES AND SKYDIVING INSTRUCTION
Describe the Organization's Program Activity:
Part 3
OUR MISSION AS A SKYDIVING CLUB IS TO PROVIDE SKYDIVING SERVICES AND SKYDIVING INSTRUCTION. WE ACCOMPLISHED 542 TANDEM SKYDIVES, 353 STUDENT SKYDIVES AND 2122 LICENSED SKYDIVER JUMPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Graf President | 1 | $0 | |
Reid Gagner Vice President | 1 | $0 | |
Tina Richards Secretary | 1 | $0 | |
Aaron Inouye Treasurer | 1 | $0 | |
Martin Short Director | 1 | $0 | |
Scott Hamilton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,459 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $140 |
| Total Revenue | $54,599 |
| 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 | $13,242 |
| Occupancy, rent, utilities, and maintenance | $6,931 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,097 |
| Total expenses | $63,270 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,818 |
| Other assets | $0 |
| Total assets | $147,058 |
| Total liabilities | $25,689 |
| Net assets or fund balances | $121,369 |