2025-01-03T10:58:49-07:00 2024-08-31 271468949 Dale L Guebert CPA 140 W Market Red Bud IL 62278 990 2023-09-01 310843232 THE TRAPSHOOTING HALL OF FAME INC TRAP 6184432395 1105 E BROADWAY ST P O BOX 519 SPARTA IL 62286 MICHAEL HOWELL CONTROLLER 6184492224 2024-12-13 1 1 Dale Guebert P00834285 6182828300 2024-12-13 X 2023 2024-10-15 13:58:12Z MICHAEL HOWELL 1105 E BROADWAY ST P O BOC 519 SPARTA IL 62286 255244 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 82683 140520 30116 32247 18191 26402 52081 53821 183071 252990 28500 29375 0 0 27698 29706 0 0 6414 147764 154511 203962 213592 -20891 39398 2175984 2303053 973 2133 2175011 2300920 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 29375 0 0 YOUTH PROGRAMS - 22 SCHOLARSHIPS AWARDED TO YOUTH INTERESTED IN TRAPSHOOTING. ONE SCHOLARSHIP TO NE CORNHUSKERS YOUTH EVENT/PROGRAM. 16124 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. 18357 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. 111848 0 0 OTHER PROGRAM SERVICES-MUSEUM PROGRAMS AND GRAND AMERICAN AWARDS. 111848 0 0 175704 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 1 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 140520 0 140520 TOURNAMENT OPTIONS 713990 32247 32247 0 0 0 0 0 0 32247 26402 0 0 26402 0 0 0 0 0 0 0 0 0 0 0 0 9419 0 2254 7165 0 7165 OTHER 713990 26681 26681 0 0 GRAND AMERICAN BUFFET 713990 19975 19975 0 0 0 0 0 0 46656 252990 78903 0 33567 29375 29375 27596 19996 5472 2128 0 2110 1528 419 163 14916 0 14916 0 7500 3500 0 4000 773 561 148 64 120 87 23 10 14886 13294 1543 49 60986 54887 6099 0 16270 14931 1339 0 TOURNAMENT OPTIONS 16124 16124 0 0 AWARDS 2262 2262 0 0 OTHER 2317 802 1515 0 INDUCTEE PROGRAM 18357 18357 0 0 213592 175704 31474 6414 79476 91180 0 0 0 0 2540 2475 0 0 0 0 0 0 0 0 14934 9184 2302222 776194 1555574 1526028 518781 666810 4679 7376 2175984 2303053 973 2133 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 973 2133 X 1510208 1503792 664803 797128 2175011 2300920 2175984 2303053 39398 86511 0 0 0 0 X 0 1 X 1 0 X 135314 70495 76830 82683 140520 505842 20195 31603 26388 30116 32247 140549 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 155509 102098 103218 112799 172767 646391 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 646391 14971 23385 15261 18191 26402 98210 0 0 0 0 0 0 14971 23385 15261 18191 26402 98210 0 0 0 0 0 0 0 0 0 0 0 0 170480 125483 118479 130990 199169 744601 0.86810 0.87293 0.13190 0.12707 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 66703 0 282 0 0 0 66985 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 0 1 0 0 0 0 0 0 0 1938131 452276 1485855 0 0 0 0 0 358756 319476 39280 0 5335 4442 893 1526028 STOCK AND MUTUAL FUNDS 666810 F 666810 0 0 X 341756 86512 0 0 2254 88766 252990 0 0 0 252990 215847 0 0 0 2255 2255 213592 0 0 0 213592 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 COMFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS. THE VALUE OF THESE ITEMS IS NOT INCLUDED IN THE STATMENT 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 COLLECTIONS - THE HALL OF FAME MUSEUM HAS ACQUIRED, THROUGH DONATIONS, VARIOUS FIREARMS, SHELLS, AND OTHER MEMORABILIA RELATING TO THE FIELD OF TRAPSHOOTING. IN COMFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS. THE VALUE OF THESE ITEMS IS NOT INCLUDED IN THE STATMENT 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 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 EFECTS OF INCOME TAX POSITOINS TAKEN OR EXPECTED TO BE TAKEN ON ITS INCOME TAX RETURNS. THESE RULES REQUIRE MANAGEMENT TO EVALUATE THE LIKELIHOOD THAT UPON EXAMINATION BY RELEVANT 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 THAN 50% LIKELY OF BEING SUSTAINED TO THE EXTENT THAT ALL OR A PORTION OF THE BENEFITS OF AN INCOME TAX POSITION ARE NOT RECOGNIZED. A LIABILITY WOULD BE RECOGNIZED FOR THE UNRECOGNIZED BENEFITS. ALONG WITH ANY PENALTIES THAT WOULD RESULT FROM DISALLOWANCE OF THE POSITON. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THEY WOULD BE RECOGNIZED AS OPERATING EXPENSES. BASED ON ITS REVIEW MANAGEMENT DOES NOT BELIEVE THE HALL OF FAME HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITON THAT WOULD PLACE THE HALL OF FAME'S EXEMPT STATUS IN JEOPARDY AS OF AUGUST 31, 2024. THE FEDERAL TAX RETURNS OF THE ORGANIZATON FOR 2022, 2023 AND 2024 ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR THREE YEARS OFTER THE DUE DATE. Schedule D, Part XI, Line 2d FUNDRAISING EXPENSES Schedule D, Part XII, Line 2d FUNDRAISING EXPENSES 1 SCHOLARSHIP YOUTH PROGRAM 21 26875 0 FMV KK 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 OFINTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.