FM Athletics Inc

EIN: 237189641 501(c)(3) Recreation & Sports

Fargo, ND

Total Revenue
$390,506
Total Expenses
$381,308
Total Assets
$487,029
Net Assets
$486,874
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
ND
Principal Officer
Paul Ferrie
Phone
7012321471
Tax Period
2024-01-01 to 2024-12-31

FM Athletics Inc, founded in 1972, is a small nonprofit in the Recreation & Sports sector that reported $391K in total revenue in fiscal year 2024.

Mission

To provide youth athletic programs.

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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 $24,692
Program Service Revenue $364,613
Investment Income $256
Other Revenue $945
TOTAL REVENUE $390,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $103,885
Fundraising Expenses $47,778
Program Expenses $306,780
Other Expenses $277,423
TOTAL EXPENSES $381,308

Year-over-Year Comparison

2024 2023 Change
Revenue $390,506 $407,323 0.0%
Expenses $381,308 $357,534 +0.1%
Net Income $9,198 $49,789 -0.8%
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
30
Independent Members
27
Employees
4
Volunteers
325

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
5
$25,763
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Otto Ferrie President 5.00
Officer Director
$0 $0 $0
Casey Mittag Vice President 5.00
Officer Director
$0 $0 $0
Steve Ingersoll Treasurer 5.00
Officer Director
$0 $0 $0
Kristi Kellen Secretary 5.00
Officer Director
$0 $0 $0
Tim Orness Director 1.00
Director
$0 $0 $0
Daniel Gunderson Director 1.00
Director
$0 $0 $0
Joe Fuchs Director 1.00
Director
$0 $0 $0
Melvin Whitney Jr Director 1.00
Director
$0 $0 $0
Joey O'Donnell Director 1.00
Director
$0 $0 $0
Jeff Dixon Director 1.00
Director
$0 $0 $0
Dick Groth Director 1.00
Director
$0 $0 $0
Doug Huber Director 1.00
Director
$0 $0 $0
Brady Blomberg Director 1.00
Director
$0 $0 $0
Mike Holm Director 1.00
Director
$0 $0 $0
Britt Ingersoll Director 1.00
Director
$0 $0 $0
Chris Ingersoll Director 1.00
Director
$0 $0 $0
Luke Gibbon Director 1.00
Director
$0 $0 $0
Tim Raftevold Director 1.00
Director
$0 $0 $0
Jerry Rostad Director 1.00
Director
$0 $0 $0
Curt Kellen Director 1.00
Director
$0 $0 $0
Henry Lytle Director 1.00
Director
$0 $0 $0
Larry Quamme Director 1.00
Director
$0 $0 $0
PJ Peterson Director 1.00
Director
$0 $0 $0
Blaine Thorkildson Director 1.00
Director
$0 $0 $0
Nate Robideau Director 1.00
Director
$0 $0 $0
Ryan Veralrud Director 1.00
Director
$0 $0 $0
Tyler Ukestad Director 1.00
Director
$0 $0 $0
Pam Vadnais Director 1.00
Director
$0 $0 $0
Dave Ames Director 1.00
Director
$0 $0 $0
Jim Rohde Director 1.00
Director
$0 $0 $0
Jennifer Ames Bookkeeper/Administrator 15.00
Officer
$25,763 $0 $25,763
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
2024 $390,506 $381,308 $487,029 $9,198
2023 $407,323 $357,534 $477,787 $49,789
2022 $397,959 $326,128 $427,977 $71,831
2021 $312,388 $242,754 $356,171 $69,634
2020 $6,464 $124,109 $286,489 $-117,645
2019 $335,293 $331,102 $404,291 $4,191
2018 $339,605 $315,409 $400,090 $24,196
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