2023-12-27T14:48:03-07:00 2023-08-31 271468949 Dale L Guebert CPA 140 W Market Red Bud IL 62278 990 2022-09-01 310843232 THE TRAPSHOOTING HALL OF FAME INC TRAP 6184432395 1105 E BROADWAY ST P O BOX 519 SPARTA IL 62286 MICHAEL HOWELL CONTROLLER 6184492224 2023-12-05 1 1 Dale Guebert P00834285 6182828300 2023-12-05 X 1 11 0 AAL2 2022 2023-04-26 12:10:37Z MICHAEL HOWELL 1105 E BROADWAY ST P O BOX 519 SPARTA IL 62286 206006 0 X TRAPHOF.ORG X 1973 DE THE PURPOSE FOR WHICH SAID CORPORATON IS FORMED ARE TO PRESERVE, FOSTER AND PROMOTE THE SHOOTING ARTS: TO PROVIDE RECOGNITION TO THOSE OUTSTANDING IN THE SHOOTING ARTS, ESPECIALLY TRAPSHOOTING: TO SPONSOR, CONDUCT AND PROMOTE EDUCATIONAL PROGRAMS DESIGNED TO TEACH AND PROMOTE THE SHOOTING ARTS: TO FOSTER AND PROMOTE THE CONSERVATION OF THE NATURAL RESOURCES AND ANIMAL LIFE OF THE UNITED STATES: AND TO PROMOTE SAFETY IN THE PROPER USE OF FIREARMS. 7 7 4 8 0 0 76830 82683 26388 30116 15261 18191 17233 52081 135712 183071 26625 28500 0 0 23364 27698 0 0 6279 142010 147764 191999 203962 -56287 -20891 2204653 2175984 4211 973 2200442 2175011 THE PURPOSE FOR WHICH SAID CORPORATION IS FORMED ARE TO PRESERVE, FOSTER AND PROMOTE THE SHOOTING ARTS: TO PROVIDE RECOGNITION TO THOSE OUTSTANDING IN THE SHOOTING ARTS ESPECIALLY TRAPSHOOTING: TO SPONSOR, CONDUCT AND PROMOTE EDUCATIONAL PROGRAMS DESIGNED TO TEACH AND PROMOTE THE SHOOTING ARTS: TO FOSTER AND PROMOTE THE CONSERVATON OF THE NATURAL RESOURCES AND ANIMAL LIFE OF THE UNITED STATES: AND TO PROMOTE SAFETY IN THE PROPER USE OF FIREARMS. 0 0 28500 0 0 YOUTH PROGRAMS - 21 SCHOLARSHIPS AWARDED TO YOUTH INTERESTED IN TRAPSHOOTING. ONE SCHOLARSHIP TO NE CORNHUSKERS YOUTH EVENT/PROGRAM. 14723 0 0 TOURNAMENT OPTIONS - OPTIONS HELD AT 49 SHOOTS ANNUALLY, WHERE THE WINNER AND THE HALL OF FAME SPLIT THE PROCEEDS. THOUSANDS PARTICIPATED DURING THE YEAR. 18037 0 0 INDUCTEE PROGRAM - INDUCTION OF THREE TO FIVE TRAPSHOOTERS ANNUALLY TO THE TRAPSHOOTING HALL OF FAME. A PICTURE OF THE INDUCTEES IS DISPLAYED AT THE HALL OF FAME. 108489 0 0 OTHER PROGRAM SERVICES-MUSEUM PROGRAMS AND GRAND AMERICAN AWARDS. 108489 0 0 169749 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 4 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X MICHAEL HOWELL 6184432395 1105 E BROADWAY ST P O BOX 519 SPARTA IL 62286 X JEFF WAGNER TRUSTEE 1 0 X 0 0 0 GERRY WILLIAMS TRUSTEE-TREASURER 1 0 X X 0 0 0 GARRY HILL TRUSTEE-SECRETARY 1 0 X X 0 0 0 JAMES BRADFORD JR TRUSTEE-CHAIRMAN 1 0 X X 0 0 0 BOB FELBER TRUSTEE 1 0 X 0 0 0 LYNN GIPSON TRUSTEE 1 0 X 0 0 0 BILL MARTIN TRUSTEE 1 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 82683 20000 82683 TOURNAMENT OPTIONS 713990 30116 30116 0 0 0 0 0 0 30116 18191 0 0 18191 0 0 0 0 0 0 0 0 0 0 0 0 50740 0 22935 27805 0 27805 OTHER 713990 5111 5111 0 0 GRAND AMERICAN BUFFET 713990 14105 14105 0 0 INSURANCE CLAIM 713990 5060 5060 0 0 0 0 0 0 24276 183071 54392 0 45996 28500 28500 25695 18618 5096 1981 2003 1451 398 154 11913 0 11913 0 6740 2740 0 4000 1101 797 219 85 171 124 34 13 16796 15011 1739 46 59831 53848 5983 0 14662 13363 1299 0 TOURNAMENT OPTIONS 14723 14723 0 0 AWARDS 2428 2428 0 0 OTHER 1362 109 1253 0 INDUCTEE PROGRAM 18037 18037 0 0 203962 169749 27934 6279 101438 79476 0 0 0 0 1960 2540 0 0 0 0 0 0 0 0 5477 14934 2270783 715209 1602350 1555574 488781 518781 0 0 4647 4679 2204653 2175984 4211 973 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4211 973 X 1583479 1510208 616963 664803 2200442 2175011 2204653 2175984 -20891 -4540 0 0 0 0 X 0 1 X 1 0 X 151409 135314 70495 76830 82683 516731 24850 20195 31603 26388 30116 133152 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 176259 155509 102098 103218 112799 649883 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 649883 22790 14971 23385 15261 18191 94598 0 0 0 0 0 0 22790 14971 23385 15261 18191 94598 0 0 0 0 0 0 0 0 0 0 0 0 199049 170480 125483 118479 130990 744481 0.87293 0.88009 0.12707 0.11991 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X 0 66499 0 204 0 0 0 66703 66315 0 184 0 0 0 66499 66028 0 287 0 0 0 66315 65821 0 207 0 0 0 66028 65631 0 190 0 0 0 65821 0 1 0 0 0 0 0 0 0 1938131 395597 1542534 0 0 0 0 0 327317 315526 11791 0 5335 4086 1249 1555574 STOCK AND MUTUAL FUNDS 518781 F 518781 0 0 X 201465 -4541 0 0 22935 18394 183071 0 0 0 183071 226897 0 0 0 22935 22935 203962 0 0 0 203962 Schedule D, Part III, Line 1 COLLECTIONS-THE HALL OF FAME MUSEUM HAS ACQUIRED, THROUGH DONATIONS, VARIOUS FIREARMS, SHELLS, AND OTHER MEMORABILIA RELATING TO THE FIELD OF TRAPSHOOTING. IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, THE VALUE OF THESE ITEMS IS NOT INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. IN ADDITION, THE VALUE OF THESE ITEMS IS NOT READILY DETERMINABLE AND CAN BE CONSIDERED INEXHAUSTIBLE ITEMS. COLLECTION ITEMS ARE CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITY VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. Schedule D, Part III, Line 4 THE HALL OF FAME MUSEUM HAS ACQUIRED, THROUGH DONATIONS, VARIOUS FIREARMS, SHELLS, AND OTHER MEMORABILIA RELATING TO THE FIELD OF TRAPSHOOTING. IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, THE VALUE OF THESE ITEMS IS NOT INCLUDED IN THE STATEMENTS OF FINANCIAL POSITION. IN ADDITION, THE VALUE OF THESE ITEMS IS NOT READILY DETERMINABLE AND THEY CAN BE CONSIDERED INEXHAUSTIBLE ITEMS. COLLECTION ITEMS ARE CATALOGED, PRESERVED, AND CARED FOR AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THIER CONDITION ARE PERFORMED CONTNUOUSLY. Schedule D, Part V, Line 4 TO PROMOTE EDUCATIONAL PROGRAMS AND SAFETY IN THE SHOOTING ARTS AND PROPER USE OF FIREARMS. Schedule D, Part X, Line 2 THE HALL OF FAME HAS ADOPTED ACCOUNTING RULES THAT PRESCRIBE WHEN TO RECOGNIZE HOW TO MEASURE THE FINANCIAL STATEMENT EFFECTS OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON ITS INCOME TAX RETURNS. THESE RULES REQUIRE MANAGEMENT TO EVALUATE THE LIKELIHOOD THAT UPON EXAMINATION BY RELEVANT TAXING JURISDICTIONS, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED BASED ON THAT EVALUATION.THE HALL OF FAME ONLY RECOGNIZES THE MAXIMUM BENEFIT OF EACH INCOME TAX POSITION THAT IS MORE THE 50% LIKELY OF BEING SUSTAINED. TO THE EXTENT THAT ALL OR A PORTION OF THE BENEFITS OF AN INCOME TAX POSITON ARE NOT RECOGNIZED, A LIABILITY WOULD BE RECOGNIZED FOR THE UNRECOGNIZED BENEFITS, ALONG WITH ANY PENALTIES THAT WOULD RESULT FROM DISALLOWANCE OF THE POSITION. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THEY WOULD BE RECOGNIZED AS OPERATING EXPENSES. BASED ON ITS REVIEW, MANAGMENT DOES NOT BELIEVE THE HALL OF FAME HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE HALL OF FAME'S EXEMPT STATUS IN JEOPARDY AS OF AUGUST 31, 2023. THE FEDERAL TAX RETURNS OF THE ORGANIZATION FOR 2021, 2022 AND 2023 ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DUE DATE. Schedule D, Part XI, Line 2d FUNDRAISING EXPENSES. Schedule D, Part XII, Line 2d FUNDRAISING EXPENSES. GUN RAFFLE 50740 0 50740 0 0 0 0 0 22935 0 0 50740 0 50740 0 0 0 0 0 22935 22935 27805 1 SCHOLARSHIP YOUTH PROGRAM 21 26000 0 FMV NE CORNHUSKERS 1 2500 0 fmv Schedule I, Part I, Line 2 GRADE POINT AVERAGE Form 990, Part VI, Section B, Line 11b THE CONTROLLER REVIEWS THE 990 FOR ACCURACY AND FORWARDS TO THE BOARD FOR THEIR REVIEW. Form 990, Part VI, Section B, Line 12c OFFICERS AND DIRECTORS DISCLOSE ANNUALLY ANY CONFLICT OF INTEREST. IF THERE ARE ANY COMPETITIVE BIDS, MONITORING IS CONDUCTED TO ENSURE SPECIAL INTEREST ARE NOT BEING REWARDED. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.