STMA Boys Basketball Association

EIN: 201764476 501(c)(3) Recreation & Sports

Albertville, MN

Total Revenue
$264,300
Total Expenses
$248,049
Total Assets
$58,393
Net Assets
$58,393
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MN
Principal Officer
Spencer Beaulieu
Phone
6124906319
Tax Period
2024-01-01 to 2024-12-31

STMA Boys Basketball Association, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $264K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $248K left a modest 6% surplus.

Program Service Accomplishments

Program 1
Expenses: $236,956 Revenue: $264,300

Provide tournament entrance fees for local and state competition for travel teams grades 4-12 Includes, Conducting a major tournament within our facilities for grades 4-12,teaching sportsmanship and...

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Provide tournament entrance fees for local and state competition for travel teams grades 4-12 Includes, Conducting a major tournament within our facilities for grades 4-12,teaching sportsmanship and competition. Provide uniforms, equipment, coaching, referees for 150 boys(grades 4-12) playing over 500 games throughout the year on 540 rented courts in ISD # 885. Provide incentives for skills learned, awards for participation and team work, celebrating team success thru trophies, prizes, banquets, as well giving back to the community food shelves and others through special events.

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Trantor Score

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 $15,846
Program Service Revenue $248,404
Investment Income $50
Other Revenue $0
TOTAL REVENUE $264,300

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $236,956
Other Expenses $247,049
TOTAL EXPENSES $248,049

Year-over-Year Comparison

2024 2023 Change
Revenue $264,300 $214,213 +0.2%
Expenses $248,049 $219,997 +0.1%
Net Income $16,251 $-5,784 -3.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

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

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
7
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Spencer Beaulieu Treasurer 5.00
Officer Director Key Emp
$0 $0 $0
Jeff Oseth Boys Basketball Varsity Head Coach 5.00
Officer
$0 $0 $0
Travis Mason Travel Program Coordinator 5.00
Officer
$0 $0 $0
Jess Dorfsman PresidentMarketing Coordinator 5.00
Officer
$0 $0 $0
Nathan Mashek Vice PresidentHome Tournament Coor 5.00
Officer
$0 $0 $0
Danaqua Herman SecretaryCommunicationsCoordinator 5.00
Officer
$0 $0 $0
Katie Deneson Travel Program Assistant 5.00
Officer
$0 $0 $0
Steve Jans President 0.00
$0 $0 $0
Jeremy Bottolfson Vice President 0.00
$0 $0 $0
Megan Pettis Secretary 0.00
$0 $0 $0
Jessica Novelli Technology Coordinator 0.00
$0 $0 $0
Kevin Solum Home Tournament Coordinator 0.00
$0 $0 $0
Dave Outcelt Travel Program Assistant 0.00
$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
2025 No data No data No data No data
2024 $264,300 $248,049 $58,393 $16,251
2023 $214,213 $219,997 $44,961 $-5,784
2022 $174,992 $185,810 $50,745 $-10,818
2021 $138,375 $141,561 $61,563 $-3,186
2019 $108,341 $105,120 $39,562 $3,221
2018 $90,460 $98,319 $36,342 $-7,859
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