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Nonprofit · EIN 20-3354454

ABERDEEN EXCHANGE BMX

Tax-exempt (reinstated) · ABERDEEN, SD 57401

Financials

$147K$115K2021$139K$118K2023$101K$174K2024
Revenue Expenses · by fiscal year end
Financials of ABERDEEN EXCHANGE BMX by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$100,701$173,552-$72,851$398,574$65,000$333,574
December 31, 2023990-EZ$138,612$118,302$20,310$406,425$0$406,425
December 31, 2021990-EZ$146,778$114,721$32,057$426,688$49,700$376,988
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$60,741
Program service revenue
$27,193
Investment income
$0
Net income from sales of inventory
$12,767
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$88,837
Occupancy
$12,121
Printing, publications and postage
$1,616
Other expenses
$70,978
Program services (functional)
$100,701

Balance sheet and other

Total assets, start of year
$406,425
Total assets, end of year
$398,574
Total liabilities, end of year
$65,000
Net assets, end of year
$333,574
Cash, savings and investments
$3,421
Land and buildings
$395,153
Gross receipts
$106,046

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Kyle OswaldPresident and Track Director20$0
Cory GeffreVice President10$0
Lisa OswaldSecretary and Treasurer10$0
Jordan FischerBoard Member5$0
Jenni WoodBoard Member5$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Kyle OswaldPresident and Track Director20$0
Cory GeffreVice President10$0
Lisa OswaldSecretary and Treasurer10$0
Jordan FischerBoard Member5$0
Jenni WoodBoard Member5$0
990-EZ for the year ended December 31, 2021: 5 people
NameTitleHours / weekCompensation
Kyle OswaldPresident and Track Director20$0
Cory GeffreVice President10$0
Lisa OswaldSecretary and Treasurer10$0
Jordan FischerBoard Member5$0
Jenni WoodBoard Member5$0

Address and contacts

Address (IRS master file)
1503 CARLTON CT, ABERDEEN, SD 57401-1528
In care of
% LISA J OSWALD
Mailing address (990-N for 2015)
1503 Carlton Ct, Aberdeen SD 57401
Principal officer (990-N for 2015)
Kyle Oswald, 1503 Carlton Ct, Aberdeen SD 57401
Signed the 990-EZ
Kyle Oswald, 0
Phone
(000) 000-0000

Mission

To educate promote good sportsmanship to our racers

990-EZ for the year ended December 31, 2024

Program accomplishments

  • The bike track held races twice a week The track is there to educate and promote good sportsmanship and character skills in a safe and competitive environment
    Expenses $100,701

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
20-3354454
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$398,574
Income (IRS master file)
$106,046

Revocation and reinstatement

Exemption revoked
May 15, 2011
Posted by the IRS
June 9, 2015
Reinstated
Effective April 15, 2015

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$100,701$173,552$398,574XML
990-EZDecember 2023$138,612$118,302$406,425XML
990-EZDecember 2022–––IRS
990-EZDecember 2021$146,778$114,721$426,688XML
990-N for 2015
Officer: Kyle Oswald
December 31, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3354454).

Questions about ABERDEEN EXCHANGE BMX

What is the EIN of ABERDEEN EXCHANGE BMX?
The employer identification number (EIN) of ABERDEEN EXCHANGE BMX is 20-3354454.
Is ABERDEEN EXCHANGE BMX tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective April 15, 2015.
Are donations to ABERDEEN EXCHANGE BMX tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ABERDEEN EXCHANGE BMX file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ABERDEEN EXCHANGE BMX due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ABERDEEN EXCHANGE BMX last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of ABERDEEN EXCHANGE BMX?
The 990-N for 2015 names Kyle Oswald.
Who are the officers and directors of ABERDEEN EXCHANGE BMX?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does ABERDEEN EXCHANGE BMX have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $100,701, expenses of $173,552 and total assets of $398,574 at year end.

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