ALEX AREA USBC

EIN: 204926906 501(c)(3) Recreation & Sports

ALEXANDRIA, MN

Total Revenue
$50,897
Total Expenses
$20,006
Total Assets
$136,477
Net Assets
$136,529
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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
MICHELLE L KLIMEK
Tax Period
2024-08-01 to 2025-07-31

ALEX AREA USBC, founded in 2004, is a micro nonprofit in the Recreation & Sports sector that reported $51K in total revenue in fiscal year 2024. The organization ran a surplus of $31K, a strong 61% operating margin.

Mission

THE ASSOCIATION PROVIDES COMMUNITY, SOCIAL, AND EDUCATIONAL BOWLING PROGRAMS FOR YOUTH AND ADULTS.

Program Service Accomplishments

Program 1
Expenses: $20,006

THESE FUNDS ARE GENERATED THROUGH REGISTRATIONS AND ARE USED TO PAY ASSOCIATION EXPENSES FOR BOWLING TOURNAMENTS AND DONATIONS.

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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 $18,819
Program Service Revenue $0
Investment Income $1,110
Other Revenue $30,968
TOTAL REVENUE $50,897

Expense Breakdown

Grants Paid $0
Salaries & Benefits $953
Fundraising Expenses $0
Program Expenses $20,006
Other Expenses $19,053
TOTAL EXPENSES $20,006

Year-over-Year Comparison

2024 2023 Change
Revenue $50,897 $-2,058 -25.7%
Expenses $20,006 $22,673 -0.1%
Net Income $30,891 $-24,731 -2.2%
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

Financial Distress Indicator

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
14
Independent Members
13
Employees
2
Volunteers
14

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
3
$354
Total Directors
3
$354
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE KLIMEK ASSOCIATION MANAGER 005.00
Officer Director
$354 $0 $354
ROBERT PETERSON PRESIDENT 000.25
Officer Director
$0 $0 $0
DAN SCHNEIDER VICE PRESIDENT 000.25
Officer 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
2025 $50,897 $20,006 $136,477 $30,891
2024 $-2,058 $22,673 $105,823 $-24,731
2023 $32,562 $16,195 $130,369 $16,367
2022 $48,646 $15,998 $114,536 $32,648
2021 $22,667 $17,382 $81,440 $5,285
2020 $21,353 $13,337 $76,398 $8,016
2020 $20,253 $13,337 $75,298 $6,916
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