Fremont Archery INC

Tax-deductible

Fremont, NE501(c)(3)Recreation & SportsEIN 88-1446557

Fremont Archery is organized to gear all activities toward educating the public about the complete sport of archery, its impact on the physical and mental health of participants and the possibility of further improvement through competition. To this end, certified instructors and required equipment for both beginner and advanced archery classes is provided. All aspects of archery are promoted to anyone without discrimination by teaching and providing opportunities to learn and compete at all levels and promote safe, ethical bowhunting.

501(c)(3) charity; gifts are tax-deductible.
34¢ of each $1 spent went to programs.
Run by 15 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Spent on programs
34%
of spending
Concern: 34% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 21.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $27K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$50K
Spent
$15K
To programs
34%
Net assets
$35K

From the FY2022 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Oct 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

34 cents of each dollar spent went to programs.

Program services 34% · $5K Management & general 66% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Teaches archery to all, promoting health, competition, and safe hunting.

Provided by the organization

This section is blank until Fremont Archery INC claims this page.

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3 program services account for $5K of program spending, described in the organization's own filed words · FY2022.
01

Eight Archery Tournaments Were Held

Two paper target tournaments using National Field Archery Association targets in November and December; a total of 37 youth and adults participated. Two paper target tournaments using United States Archery Association targets in January and February; 51 youth and adults participated.

$3Kprogram expense
02

Four 7-week beginner classes and two 10-week advanced classes were held. Beginner classes teach the basics of safety and form and shoot at 7 yards; both adults and youth participate at minimal expense and equipment is available for all if needed.

$1Kprogram expense
03

Two indoor leagues and two outdoor leagues were held for ten weeks each at the indoor range. One indoor league used NFAA blue & white paper targets, and one indoor league used USAA multi-colored paper targets. Two teenagers and 19 adults competed.

$657program 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 · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$27K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$50K
Ln 12
Other incomeLn 4–11$34K
Fees for servicesLn 2g$12K
Gifts and grantsLn 1h$3K
Money outPt IX
$15K
Ln 25
Programscol B$5K
Managementcol C$10K
Owns and owesPt X
$35K
net assets · Ln 32
Cash and savingsLn 1–2$28K
Total assetsLn 16$35K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$12K
Investment incomeLn 3$68
Other incomeLn 4–11$34K
Gains on assetsLn 7$0
Total revenueLn 12$50K
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$19K
Cash and savings togetherLn 1–2$28K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$35K
LiabilitiesLn 26$0
Net assetsLn 32$35K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$0$28K
InvestmentsLn 11–13$0$0
Total assetsLn 16$0$35K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$35K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$795$0$795$0
Accounting feesLn 11c$2K$0$2K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$31$0$31$0
Office expensesLn 13$208$0$208$0
Information technologyLn 14$134$0$134$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$6K$0$6K$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$175$0$175$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$565$0$565$0
Other expenses (24a–d)Ln 24$5K$5K$0$0
Total functional expensesLn 25$15K$5K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $50K$15K$35K$35K 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
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $50,114 across 16 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$3,450
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$3,450
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,202 · Unrelated business $0 · Excluded from tax $0$12,202
VIII-3 Investment incomeRelated to mission $68 · Unrelated business $0 · Excluded from tax $0$68
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $34,394 · Unrelated business $0 · Excluded from tax $0$34,394
VIII-12 Total revenueRelated to mission $46,664 · Unrelated business $0 · Excluded from tax $0$50,114
Part IX · Statement of functional expenses $15,289 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $795 · Fundraising $0$795
IX-11c Accounting feesPrograms $0 · Management $2,069 · Fundraising $0$2,069
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $31 · Fundraising $0$31
IX-13 Office expensesPrograms $0 · Management $208 · Fundraising $0$208
IX-14 Information technologyPrograms $0 · Management $134 · Fundraising $0$134
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $6,131 · Fundraising $0$6,131
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $175 · Fundraising $0$175
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $565 · Fundraising $0$565
IX-24 Other expenses (24a–d)Programs $5,181 · Management $0 · Fundraising $0$5,181
IX-25 Total functional expensesPrograms $5,181 · Management $10,108 · Fundraising $0$15,289
Part X · Balance sheet $34,825 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $0$8,986
X-2 Savings and temporary cash investmentsStart of year $0$18,516
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$7,323
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $0$34,825
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$34,825
X-33 Total liabilities and net assetsStart of year $0$34,825
Part XI · Reconciliation of net assets $34,825 net assets at year end
XI-1 Total revenue$50,114
XI-2 Total expenses$15,289
XI-3 Revenue less expenses$34,825
XI-4 Net assets at start of year$0
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$34,825

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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