Unicycling Society of America Inc

EIN: 237365829 501(c)(3) Recreation & Sports

Bloomington, MN

Total Revenue
$410,876
Total Expenses
$63,045
Total Assets
$364,965
Net Assets
$364,965
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MN
Principal Officer
Richard Tharrett
Phone
3135698826
Tax Period
2023-08-01 to 2024-07-31

Unicycling Society of America Inc, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $411K in total revenue in fiscal year 2023. The organization ran a surplus of $348K, a strong 85% operating margin.

Mission

Mission Statement: To foster social and athletic interest in and promote the healthy wholesome sport of unicycling among youth and adults of the country by establishing voluntary standards of performance and sponsoring and overseeing local and national meets. To disseminate knowledge and information on all phases of the sport to all interested parties throughout the country.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $308,257
Program Service Revenue $100,000
Investment Income $0
Other Revenue $2,619
TOTAL REVENUE $410,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,641
Other Expenses $63,045
TOTAL EXPENSES $63,045

Year-over-Year Comparison

2023 2022 Change
Revenue $410,876 N/A N/A
Expenses $63,045 N/A N/A
Net Income $347,831 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Slason President 5.00
Officer Director
$0 $0 $0
Dale Grzych Vice President 5.00
Officer Director
$0 $0 $0
Dan Galanto Secretary 5.00
Officer Director
$0 $0 $0
Rick Tharrett Treasurer 5.00
Officer Director
$0 $0 $0
Nick Braun Director 5.00
Director
$0 $0 $0
Alison Martin Director 5.00
Director
$0 $0 $0
A J KinsellaJohnson Director 5.00
Director
$0 $0 $0
Jacob Hinshaw Director 5.00
Director
$0 $0 $0
Scott Julian Director 5.00
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
2024 $410,876 $63,045 $364,965 $347,831
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Unicycling Society of America Inc with other nonprofits in Minnesota and across the country.