Steele Creek Athletic Association

EIN: 237005340 501(c)(3)

Charlotte, NC

Total Revenue
$344,225
Total Expenses
$302,631
Total Assets
$632,011
Net Assets
$632,011
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
NC
Principal Officer
MIKE WETZEL
Phone
8033220611
Tax Period
2023-01-01 to 2023-12-31

Steele Creek Athletic Association, founded in 1960, is a small nonprofit that reported $344K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $303K left a modest 12% surplus.

Mission

Provide athletic programs for the Steele Creek community without re gard to sex race or religion Scholarships are available for kids

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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 (2023)

Revenue Breakdown

Contributions & Grants $104,562
Program Service Revenue $205,883
Investment Income $6
Other Revenue $33,774
TOTAL REVENUE $344,225

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $182,100
Other Expenses $120,532
TOTAL EXPENSES $302,631

Year-over-Year Comparison

2023 2022 Change
Revenue $344,225 $414,714 -0.2%
Expenses $302,631 $415,302 -0.3%
Net Income $41,594 $-588 -71.7%
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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Governance

Voting Members
13
Independent Members
N/A
Employees
N/A
Volunteers
120

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
8
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE WETZEL Chairman of the Board 6.000
Officer
$0 $0 $0
RANDY HELMS President 6.000
Officer
$0 $0 $0
TIM SOSEBEE Former Board Member N/A
$0 $0 $0
DAWN HOLMES Cheerleading Commissio 4.000
Officer
$0 $0 $0
TOM SORIANO Board Member 4.000
Director
$0 $0 $0
STUART LAIL Former Board Member N/A
$0 $0 $0
JEN KELLY Treasurer 6.000
Officer
$0 $0 $0
EMMANUEL KAYE Soccer Commissioner 4.000
Officer
$0 $0 $0
KAREN HALLERAN Former Board Member N/A
$0 $0 $0
JON BURKE Board Member 1.000
Director
$0 $0 $0
AMBER B MUNNERLYN Board Member 1.000
Director
$0 $0 $0
MONIQUE JENNINGS Board Member 1.000
Director
$0 $0 $0
RACHEL DOUGAN Former Board Member N/A
$0 $0 $0
BRENT SCHMALDINST Former Board Member N/A
$0 $0 $0
ADAM BARTIMMO Vice President 6.000
Officer
$0 $0 $0
DANA REINKING Board Member 1.000
Director
$0 $0 $0
ANASTASIA MCRAY Board Member 1.000
Director
$0 $0 $0
LISA HANSON Softball Commissioner 4.000
Officer
$0 $0 $0
CHRIS RUFERT Baseball Commissioner 4.000
Officer
$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
2023 $344,225 $302,631 $632,011 $41,594
2022 $414,714 $415,302 $594,937 $-588
2021 $384,963 $340,076 $600,444 $44,887
2020 $222,911 $219,229 $560,478 $3,682
2019 $357,025 $355,375 $569,783 $1,650
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