Matanuska Valley Sportsmen Inc

EIN: 920097677 501(c)(3) Education

Palmer, AK

Total Revenue
$242,612
Total Expenses
$239,456
Total Assets
$1,080,519
Net Assets
$1,080,519
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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
AK
Principal Officer
Lawrence R Boyle
Phone
9077464862
Tax Period
2024-01-01 to 2024-12-31

Matanuska Valley Sportsmen Inc, founded in 1962, is a small nonprofit in the Education sector that reported $243K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Net assets of $1.1M represent 53 months of operating reserves.

Mission

The Sportsman's club was organized in 1948 by a group of like-minded individuals who wanted to educate the general public about the safe handling and use of firearms. It was later incorporated in 1962 and is dedicated to firearms safety education as a public service, marksmanship training as a contribution to individual preparedness for personal and national defense, and the sports of shooting, hunting, and fishing as wholesome forms of recreation.

Program Service Accomplishments

Program 1
Expenses: $164,324 Revenue: $116,574

Participation, operations, and membership levels have returned to normal after the medical crisis. At the end of 2024, membership increased slightly to 1601 members. During the year, range...

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Participation, operations, and membership levels have returned to normal after the medical crisis. At the end of 2024, membership increased slightly to 1601 members. During the year, range participation was slightly higher (at 7235 people who shot at the range) than previous years, and we anticipate that those numbers will rise. The mix of participants remained similar to previous years, but the programs and classes we are promulgating have generated additional interest on the part of members and potential members. The Ladies Only Night program continues to be successful. More classes have been provided and attendance is up slightly. The Junior team sponsorship has continued and members have placed highly in local and national competition. The classrooms continue to be well used and have a high occupancy factor. The indoor high-power range has been successful with good utilization.Volunteer range safety officers, instructors, board members, and others provided over 10,000 volunteer labor hours to the organization at a value of over $313,400.00.

Program 2
Expenses: $21,309 Revenue: $19,385

Competition and training classes were offered an average of once per week. Both formal and informal classes were offered. We continue to develop new classes to add to the offerings. The State of...

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Competition and training classes were offered an average of once per week. Both formal and informal classes were offered. We continue to develop new classes to add to the offerings. The State of Alaska Hunter Education Program classes are also offered and have been well attended. Class attendance has rebounded to pre-pandemic levels due in part to management efforts on the part of the training manager and a dedicated cadre of instructors. Over 325 people were trained in both formal and informal training classes. The classes given provided training from introduction to firearms through advanced personal defense. Training also included Range Safety Officer Training, Chief Range Safety Officer Training, a metallic cartridge reloading class, and Refuse To Be A Victim class. A total of 34 classes were provided in 9 different disciplines and 263 people received training.. We continue to develop new classes to add to the offerings. The State of Alaska Hunter Education Program classes are also offered. In 2024, 97 people were trained under that program in 8 different classes.

Program 3
Expenses: $10,238 Revenue: $20,432

A gun show was sponsored in 2024 to provide members and the public: 1) the opportunity to view new developments in the firearms industry; 2) the opportunity to upgrade personal and professional...

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A gun show was sponsored in 2024 to provide members and the public: 1) the opportunity to view new developments in the firearms industry; 2) the opportunity to upgrade personal and professional equipment; 3) to purchase new and specialized personal and professional equipment and supplies; 4) the opportunity to observe historically significant educational displays; and 5) to sell un-needed personal supplies and equipment. Over 100 vendors displayed and over 1500 people attended.

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Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,159
Program Service Revenue $164,901
Investment Income $13,872
Other Revenue $60,680
TOTAL REVENUE $242,612

Expense Breakdown

Grants Paid $7,700
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $203,468
Other Expenses $231,756
TOTAL EXPENSES $239,456

Year-over-Year Comparison

2024 2023 Change
Revenue $242,612 $171,724 +0.4%
Expenses $239,456 $154,288 +0.6%
Net Income $3,156 $17,436 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
90

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Myers President 4.00
Officer Director
$0 $0 $0
Mike Nickles Vice President 4.00
Officer Director
$0 $0 $0
Larry White Treasurer 15.00
Officer Director
$0 $0 $0
Kelly Mears Secretary 4.00
Officer Director
$0 $0 $0
Diana Lopez Director 4.00
Director
$0 $0 $0
Rex Walling Director 4.00
Director
$0 $0 $0
Rocky Jones as of 0224 Director 4.00
Director
$0 $0 $0
Steve Falkner until 0224 Director 4.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $242,612 $239,456 $1,080,519 $3,156
2023 $171,724 $154,288 $1,077,363 $17,436
2022 $199,996 $152,059 $1,059,927 $47,937
2022 $199,996 $152,059 $1,059,927 $47,937
2021 $192,878 $153,319 $1,011,990 $39,559
2021 $192,878 $153,319 $1,011,990 $39,559
2020 $170,965 $130,423 $972,431 $40,542
2019 $224,881 $144,754 $931,889 $80,127
2018 $220,645 $143,653 $851,762 $76,992
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