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Nonprofiteer
← BLUE RIBBON SALE OF CHAMPIONS FOUNDATION INC

Form 990 for tax year 2022

Filed by BLUE RIBBON SALE OF CHAMPIONS FOUNDATION INC.

Totals

Total revenue
$359,166
Total expenses
$367,357
Contributions and grants received
$26,050
Grants paid
$51,400
Program service revenue
$332,040
Investment income
$1,076
Other revenue
$0
Total assets, end of year
$459,062
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$459,062
Program services expenses (Part IX)
$354,003
Management and general expenses
$13,354
Fundraising expenses
$0
Program service expenses (Part III)
$354,003

Program services were 96.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $26,050

  • 2a · Program service revenue: Livestock Auction

    total $317,990 · related or exempt $317,990

  • 2b · Program service revenue: Auction - Non Animal

    total $9,500 · related or exempt $9,500

  • 2c · Program service revenue: Auction Ticket Sales

    total $4,550 · related or exempt $4,550

  • 3 · Investment income

    total $1,076 · excluded $1,076

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,900 · program services $20,900

  • 2 · Grants to domestic individuals

    total $30,500 · program services $30,500

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $6,650 · management and general $6,650

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $11,250 · program services $11,250

  • 12 · Advertising and promotion

    total $2,501 · program services $2,501

  • 13 · Office expenses

    total $5,920 · program services $1,122 · management and general $4,798

  • 14 · Information technology

    total $1,447 · management and general $1,447

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $459 · management and general $459

  • 24a · Other expenses: Exhibitor Payments

    total $234,840 · program services $234,840

  • 24b · Other expenses: Camp of Champions

    total $11,276 · program services $11,276

  • 24c · Other expenses: Equipment Rental/Maintenance

    total $10,638 · program services $10,638

  • 24d · Other expenses: Catering/Entertainment/Awards/Banners

    total $23,776 · program services $23,776

  • 24e · All other expenses

    total $7,200 · program services $7,200

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $30,200 · end of year $27,612

  • 4 · Accounts receivable

    beginning of year $8,795

  • 9 · Prepaid expenses and deferred charges

    beginning of year $750

  • 11 · Investments: publicly traded securities

    beginning of year $487,407 · end of year $431,450

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,766

  • 19 · Deferred revenue

    beginning of year $100

  • 27 · Net assets without donor restrictions

    beginning of year $524,286 · end of year $459,062

Mission and programs · 2022

Mission

To educate encourage youth exhibitors to produce high quality livestock that will provide wholesome nutritous products. The BRSCF is committed to creating events that provide a platform for enhancing strengthening the ag community of WI and to better foster understanding of the agriculture industry throughout our society.

Activities or mission (Part I)

See Schedule O.

  • Govenors Blue Ribbon Livestock Auction. Over 600 Wisconsin State Fair Junior Beef, Swine Sheep Exhibitors compete for a coveted spot in the Governors Livestock Auction. Junior Exhibitors who sell animals in the auction receive a percent of the sale proceeds based on the sale price of the animal. In addition, funds raised benefit scholarship recpients and other Wisconsin Youth Agriculture programs.

    Expenses $354,003 · Revenue $332,040

As filed on the 2022 return.

Listed in Part VII

  • Bob Johnson

    President

    Total calculated
    $0
    Hours/week
    2
  • Nate Weinkauf

    Vice President

    Total calculated
    $0
    Hours/week
    2
  • Kristi Lange

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Kevin Bobolz

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Stan Jones

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Ivey

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Dave Koning

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Mary Beth Carr

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Jodie May

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Janie Suddeth

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Nate McConnell

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • Wisconsin State Fair Park

    $20,900

Provenance

Return type
form_990
Tax year
2022
Filed
24 October 2023
IRS schema version
2022v5.0
Source object
202302979349300535

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