Student Air Rifle Program FY2023 filing

Tax-deductible

Oak Ridge, MO501(c)(3)Recreation & SportsEIN 81-2120889

To increase involvement in the shooting sports; to enhance educational performance; and promote positive youth development through firearm safety and target shooting education.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$29K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
1 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
77%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$29K
to officers and key staff · 28% of spending
Pt VII · Sec A
Do they have reserves?
14 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
3
named funders · $56K
Funders’ Sch. I, 990-PF
Do they carry debt?
$1K
liabilities
Pt X · Ln 26
Who oversees it?
4
independent of 4 voting board members
Pt VI · Ln 1a–1b
Revenue
$89K
+111% vs prior year
Spent
$105K
To programs
77%
Net assets
$141K
By yearFY2020–FY2024
Revenue
$89K
FY2023▲ +111%
Revenue by fiscal year
FY2020$130K
FY2021$77K
FY2022$42K
FY2023$89K
FY2024$102K
Expenses
$105K
FY2023▲ +10%
Expenses by fiscal year
FY2020$103K
FY2021$151K
FY2022$95K
FY2023$105K
FY2024$115K
Net assets
$141K
FY2023▼ -10%
Net assets by fiscal year
FY2020$284K
FY2021$210K
FY2022$157K
FY2023$141K
FY2024$128K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CStudent Air Rifle Program
EINHdr · item D81-2120889
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2016
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item COak Ridge, MO
NTEE classificationIRS BMFRecreation & Sports (N61)
WebsiteHdr · item Jwww.studentairrifleprogram.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.17 Fundraising $0.06
Program services77%$81K
Management & general17%$18K
Fundraising6%$7K
Total functional expensesLn 25$105K

Financial health

Is it on solid ground?

Program efficiency
77%
of spending reaches programs
Operating runway
13.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$142K
FY2023▼ -10%
Total assets by fiscal year
FY2020$284K
FY2021$214K
FY2022$158K
FY2023$142K
FY2024$129K
Total liabilities
$1K
FY2023▼ -11%
Total liabilities by fiscal year
FY2020$0
FY2021$4K
FY2022$2K
FY2023$1K
FY2024$1K
Revenue less expensesPt I · Ln 19−$16K
Total assetsPt X · Ln 16$142K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$118K
Total assetsLn 16$142K
Total liabilitiesLn 26$1K
Total net assetsLn 32$141K
Months of cash on handcomputed13.5

Statement of Revenue

Part VIII
Contributions & grants$58K · 65%
Other revenue$31K · 35%
Contributions & grants65%$58K
Other revenue35%$31K
Program service revenue$333
Total revenueLn 12$89K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $118K · Operating expenses/yr $105K
13.5 months
Where the money goes
Program services
Program services $81K · Total expenses $105K
77%
Management & General
Management & general $18K · Total expenses $105K
17%
Fundraising
Fundraising $7K · Total expenses $105K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $59K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $58K · Total revenue $89K
65%
Government reliance
Government grants — · Total revenue $89K
—
Earned-income share
Program service revenue $333 · Total revenue $89K
0.4%
Investment reliance
Investment income $0 · Total revenue $89K
0%
Program self-sufficiency
Program service revenue $333 · Total expenses $105K
0.3%
Growth & trend
Revenue growth (YoY)
This year $89K · Prior year $42K
+111%
Net-asset trend (YoY)
End of year $141K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $89K · Expenses $105K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $142K
—
Net-asset ratio
Net assets $141K · Total assets $142K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $142K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jake Hindman · Reported title PRESIDENT/CEO · Highest reported compensation $29K · Total expenses $105K
28%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $68K · Total expenses $105K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%——
Overhead ratio 17%——
Fundraising cost ratio 12%——
Revenue growth 111%——
Legal fee ratio 0.5%——
Accounting fee ratio 1%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/CEO
$29,372Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$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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Governance & Policies

Part VI
  • 4Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

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

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $81K of program spending, described in the organization's own filed words · FY2023.
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 school year gaining firearm safety and target shooting education as part of school curriculum.

$71Kprogram expense
02

Sar endowments provide long-term and sustainable funding for eligible sar recipients. Sar transferred $10,000 to the endowment fund maintained by midwayusa foundation.

$10Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $102K$115K+14% 990 PDF
FY2023 Viewing $89K$105K+111% 990 PDF
FY2022 $42K$95K-45% 990 PDF
FY2021 $77K$151K-41% 990 PDF
FY2020 $130K$103K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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