Civic Intelligence

Fremont Archery Inc.

EIN 88-1446557 • 501(c)3 • Fremont, NE

Pub. 78 Eligible990-N Coverage

Profile

The mission of Fremont Archery Inc. is to promote and teach all aspects of archery to athletes, children, and people of all ages without discrimination by programs and opportunities which educate the public on all aspects of the sport of archery, including but not limited to target shooting at local, national, and international archery competitions; and use of archery in the sport of legal and ethical hunting.

PO Box 1006Fremont, NE 68026

www.fremontarchery.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

94th percentile

69%

Higher net margin than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$34,825

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$34,825

No earlier filing loaded for comparison.

Revenue

$50,114

No earlier filing loaded for comparison.

Expenses

$15,289

No earlier filing loaded for comparison.

Net Income

$34,825

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2022: $34,825Liabilities 2022: $0Net Assets 2022: $34,8252022

Highlighted filing

2022

Assets$34,825
Liabilities$0
Net Assets$34,825

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2022: $50,114Expenses 2022: $15,289Net Income 2022: $34,8252022

Highlighted filing

2022

Revenue$50,114
Expenses$15,289
Net Income$34,825

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$34.8$0.00$34.8$50.1$15.3$34.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 13, 2023
Return Version
2022v5.0
Gross Receipts
$50,114
Mission and Program Overview

Mission

The mission of Fremont Archery Inc. is to promote and teach all aspects of archery to athletes, children, and people of all ages without discrimination by programs and opportunities which educate the public on all aspects of the sport of archery, including but not limited to target shooting at local, national, and international archery competitions; and use of archery in the sport of legal and ethical hunting.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$34,825▲ $34,825
Savings and Temporary Cash Investments$0$18,516▲ $18,516
Cash and Non-Interest-Bearing Accounts$0$8,986▲ $8,986
Inventories for Sale or Use$0$7,323▲ $7,323
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$34,825▲ $34,825
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$34,825▲ $34,825
Total Liabilities and Net Assets / Fund Balance$0$34,825▲ $34,825
Compensation and Service Providers

Board Members and Trustees

NameTitle
Darryl JohannssenPresident
Kevin HernesVice President
Brad JohannesenDirector at Large
David KerschinskeDirector at Large
Michael FrickeDirector at Large
Carrie MillerSecretary
Christine JohannesenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,450
Program Service Revenue
$12,202
Investment Income
$68
Other Revenue
$34,394
All Other Contributions
$0
Change in Net Assets
$34,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,289
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$0$6,131$0$6,131
Fees for Services Accounting$0$2,069$0$2,069
Other Expenses$1,183$0$0$1,183
Fees for Services Legal$0$795$0$795
Insurance$0$565$0$565
Office Expenses$0$208$0$208
Payments to Affiliates$0$175$0$175
Information Technology$0$134$0$134
Advertising$0$31$0$31
Total Functional Expenses$5,181$10,108$0$15,289
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The Officers and Directors of Robinhood Archery Club Inc were responsible for dissolving that club and reorganizing as Fremont Archery Inc and remained in their same positions. Treasurer Christine Johannesen and Director Brad Johannesen are husband and wife and both have been very active in both clubs; both are certified instructors through United States Archery Association and are the main leaders of the Advanced Archery Class.

Form 990, Part VI, Section A, Line 6

Fremont Archery Inc has dues-paying members who elect the officers and directors at the December annual meeting.

Form 990, Part VI, Section A, Line 7A

All dues-paying members are eligible to vote on any motion at any meeting and during election of officers and directors at the annual meeting.

Form 990, Part VI, Section A, Line 8B

The secretary of Fremont Archery Inc. provides written minutes of each meeting at the following monthly meeting, which are reviewed and approved by all members, officers, and directors. Any committees must present any proposed action at a regularly scheduled monthly meeting to be approved by the officers, directors and members: therefore any committee action is recorded in the meeting's minutes by the secretary. Copies of these minutes are provided for each member at the meetings.

Form 990, Part VI, Section B, Line 11B

A complete copy of this Form 990 and accompanying Schedules was provided to the officers and directors at the February 27, 2023 monthly meeting with additional copies available for any member requesting one.

Form 990, Part VI, Section C, Line 18

All financial reports, including Form 1023 and Form 990, are given to the officers and directors and copies are available for any member attending the meeting when they are presented or at any other time upon request.

Form 990, Part VI, Section C, Line 19

All governing documents and financial statements are available to the public at any time upon request.

Form 990, Part VII, Section A, Line 1A

All Officers, Directors, and members are volunteers and do not receive any compensation. There are no paid employees.

Form 990, Part VIII, Line 11A 11B 11C

Upon ceasing operations, Robinhood Archery Club Inc, a 501c4 corporation, transferred all assets to Fremont Archery Inc., a 501c3 corporation. Line 11a includes the donation of all cash $27,071 in Robinhood's bank accounts plus Fair Market Value Inventory of $7,323 for a total donation of $34,494.

Filing and Contact Details

Filer

Filer Name
Fremont Archery Inc
EIN
88-1446557
Phone
4027271842
Address
PO Box 1006, Fremont, NE 68026

Signing Officer

Name
Chris Johannesen
Title
Treasurer
Phone
4027271842
Signed
2023-04-13

Organization Details

Principal Officer
Christine Johannesen
Formed
2022
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
15
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Fremont Archery Inc. was organized in 2022 for its first year. It is a successor organization to Robinhood Archery Club which was dissolved.

Form 990, Part XII, Line 2A

A financial compilation or audit is not required although we hired an accountant to help with the 501c3 application. The Board of Directors of Fremont Archery Club Inc. has reviewed the Form 990 before submission, as is done with all financial reports.

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IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt03450
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MissionDesc0The mission of Fremont Archery Inc. is to promote and teach all aspects of archery to athletes, children, and people of all ages without discrimination by programs and opportunities which educate the public on all aspects of the sport of archery, including but not limited to target shooting at local, national, and international archery competitions; and use of archery in the sport of legal and ethical hunting.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt034825
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
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IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
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IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06131
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt06131
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0208
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0208
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Awards - trophies, medals, etc.
IRS990/OtherExpensesGrp/Desc1Targets - paper, 3D, etc.
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt03998
IRS990/OtherExpensesGrp/ProgramServicesAmt11183
IRS990/OtherExpensesGrp/TotalAmt03998
IRS990/OtherExpensesGrp/TotalAmt11183
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0713990
IRS990/OtherRevenueMiscGrp/Desc0Transfer/donation from Robinhood Archery Club
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt034394
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034394
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt034394
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt0175
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt0175
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Christine Johannesen
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IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/Desc0Classes
IRS990/ProgramServiceRevenueGrp/Desc1Leagues
IRS990/ProgramServiceRevenueGrp/Desc2Tournaments
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01847
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11508
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28847
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01847
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11508
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28847
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0Four 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. Handicapped scoring insures the most improved participants receive trophies and everyone gets a medal. 57 archers participated in beginner classes. Advances classes are associated with United State Archery Association's Junior Olympic Archery Development program. Both youth and adults participate and earn Achievement Pins as they progress up the scoring scale. Archers shoot at 20 yards, which is the standard for competition. 21 youth and 14 adults participated. Advanced class fee is minimal and equipment is available if needed.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01281
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01847

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