Student Air Rifle Program FY2020 filing

Public charity (501(c)(3)) Oak Ridge, MO EIN 81-2120889 NTEE N61
Revenue
$130K
FY2020 · Pt VIII · Ln 12
Expenses
$103K
FY2020 · Pt IX · Ln 25
Net assets
$284K
FY2020 · Pt X · Ln 32
To programs
88%
FY2020 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2024
Revenue
$130K
FY2020
Expenses
$103K
FY2020

Promotes youth development and educational performance through firearm safety and target shooting.

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Tax-deductible?
Yes
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
3 funders, incl. Midway USA Foundation INC
$56K in the latest grant year. Details →
Spent on programs?
88% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$100K–1M

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Promotes youth development and educational performance through firearm safety and target shooting.

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Oak Ridge, MO
Website
www.studentairrifleprogram.org
Filings
5 on file (2020–2020)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Where the money goes · FY2020
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
29.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+21%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$284K
FY2020
Total liabilities
$0
FY2020
Revenue less expensesPt I · Ln 19$27K
Total assetsPt X · Ln 16$284K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CStudent Air Rifle Program
EINHdr · item D81-2120889
Principal addressHdr · item COak Ridge, MO
WebsiteHdr · item Jwww.studentairrifleprogram.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N61)
Ruling yearIRS BMFAug 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/CEO
$25,033Pt VII · Sec A
Vice President
$3,868Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A

Jake Hindman’s $31K as President/CEO is at the 46th percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jake Hindman$31,247$29,372$29,259$28,849$25,033
Jan Morris——$1,588$2,446$3,868

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

2 program services account for $90K of program spending, described in the organization's own filed words · FY2020.
01

Conducted basic air riflery instructor (bari) trainings. These trainings resulted in new basic air riflery instructors who were certified to teach sar CURRICULUM.STUDENTS participated in sar during the 2019/2020 school year gaining firearm safety and target shooting education as part of school curriculum.

$53Kprogram expense
02

Sar endowments provide long-term and sustainable funding for eligible sar recipients. Two high schools each received a $1,500 to grant to create an endowment to be used for growth. Other entities recieved $18,690 to increase programs. In addition, sar transferred $15,000 to the endowment fund maintained by midwayusa foundation.

$37Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$105K · 81%
Other revenue$24K · 18%
Program service revenue$1K · 1%
Contributions & grants81%$105K
Other revenue18%$24K
Program service revenue1%$1K
— government grantsLn 1e$8K
Total revenueLn 12$130K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$90K
Management & general12%$13K
Total functional expensesLn 25$103K

Balance Sheet

Part X · end of year
CashLn 1$251K
Total assetsLn 16$284K
Total liabilitiesLn 26$0
Total net assetsLn 32$284K
Months of cash on handcomputed29.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $251K · Operating expenses/yr $103K
29.3 months
Where the money goes
Program services
Program services $90K · Total expenses $103K
88%
Management & General
Management & general $13K · Total expenses $103K
12%
Fundraising
Fundraising $0 · Total expenses $103K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $97K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $105K · Total revenue $130K
81%
Government reliance
Government grants $8K · Total revenue $130K
6%
Earned-income share
Program service revenue $1K · Total revenue $130K
0.9%
Investment reliance
Investment income $0 · Total revenue $130K
0%
Program self-sufficiency
Program service revenue $1K · Total expenses $103K
1%
Growth & trend
Revenue growth (YoY)
This year $130K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $284K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $130K · Expenses $103K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $284K
—
Net-asset ratio
Net assets $284K · Total assets $284K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $284K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jake Hindman · Reported title PRESIDENT/CEO · Highest reported compensation $25K · Total expenses $103K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $47K · Total expenses $103K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 12%——
Fundraising cost ratio 0%——
Legal fee ratio 0.01%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$56K
See all 3 funders →
Grants paid · 5 grants · $120K · 2020–2024
Midway USA Foundation INCMO · FY2024$10,000
Midway USA Foundation INCMO · FY2023$10,000
Midway USA Foundation INCMO · FY2022$10,000
Midway USA Foundation INCMO · FY2021$75,000
Midway USA Foundation INCMO · FY2020$15,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$102K revenue · ⤓ 990 PDF
FY2023$89K revenue · ⤓ 990 PDF
FY2022$42K revenue · ⤓ 990 PDF
FY2021$77K revenue · ⤓ 990 PDF
FY2020$130K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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