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

Give Claim

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?
Last filed FY2022 — 4 yrs ago
Legal name (IRS)Hdr · item CFremont Archery INC
EINHdr · item D88-1446557
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 2022
Latest filingForm 990FY2022 · Form 990
Principal addressHdr · item CFremont, NE
NTEE classificationIRS BMFRecreation & Sports (N99)
WebsiteHdr · item Jwww.fremontarchery.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 $0.34 Management & general $0.66
Program services34%$5K
Management & general66%$10K
Total functional expensesLn 25$15K

Financial health

Is it on solid ground?

Program efficiency
34%
of spending reaches programs
Operating runway
21.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+69%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue less expensesPt I · Ln 19$35K
Total assetsPt X · Ln 16$35K
Program-expense ratioPt IX · col B34%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$35K
Total liabilitiesLn 26$0
Total net assetsLn 32$35K
Months of cash on handcomputed21.6

Statement of Revenue

Part VIII
Other revenue$34K · 69%
Program service revenue$12K · 24%
Contributions & grants$3K · 7%
Other revenue69%$34K
Program service revenue24%$12K
Contributions & grants7%$3K
Investment income$68
Total revenueLn 12$50K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $28K · Operating expenses/yr $15K
21.6 months
Where the money goes
Program services
Program services $5K · Total expenses $15K
34%
Management & General
Management & general $10K · Total expenses $15K
66%
Fundraising
Fundraising $0 · Total expenses $15K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $3K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $50K
7%
Government reliance
Government grants $0 · Total revenue $50K
0%
Earned-income share
Program service revenue $12K · Total revenue $50K
24%
Investment reliance
Investment income $68 · Total revenue $50K
+0.1%
Program self-sufficiency
Program service revenue $12K · Total expenses $15K
80%
Growth & trend
Revenue growth (YoY)
This year $50K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $35K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $50K · Expenses $15K
+69%
Liabilities-to-Assets
Total liabilities — · Total assets $35K
—
Net-asset ratio
Net assets $35K · Total assets $35K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $35K
0%
People & payroll
Highest Reported Total Compensation
Individual Darryl Johannssen · Reported title President · Highest reported compensation $0 · Total expenses $15K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $15K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 34%——
Overhead ratio 66%——
Fundraising cost ratio 0%——
Investment management fee ratio 0%——
Legal fee ratio 5%——
Accounting fee ratio 14%——
Fundraising fee ratio 0%——

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
$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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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

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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Mission & Programs · Part III

Where the work happens

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2022 Latest Viewing $50K$15K 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

Full filing: Form 990 for FY2022

Every line we hold from the return, cited to its Part and line.
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

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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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