MANKATO AREA HOCKEY ASSOCIATION

🔒

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

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

KELLI BOHM

Phone

5073514265

Tax Period

2024-04-01 to 2025-03-31

MANKATO AREA HOCKEY ASSOCIATION, founded in 1973, is a community nonprofit in the Recreation & Sports sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $929K left a modest 9% surplus.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO ENCOURAGE, PROMOTE AND IMPROVE THE MANKATO AREA ICE HOCKEY RECREATION PROGRAM, TO CONDUCT ICE HOCKEY TOURNAMENTS AND TO SELECT REPRESENTATIVE TEAMS TO PARTICIPATE IN TOURNAMENTS; TO ASSOCIATE WITH OTHER ICE HOCKEY ASSOCIATIONS; TO DO ANY AND ALL ACTS NECESSARY OR DESIRABLE IN THE FURTHERANCE OF THE FOREGOING PURPOSE; TO BUY, SELL, LEASE AND OTHERWISE DEAL IN ALL KINDS OF PROPERTY, REAL, PERSONAL AND MIXED, FOR THE PURPOSE OF CREATING FURTHER INTEREST IN AMATEUR HOCKEY.

Program Service Accomplishments

Program 1

Expenses: $908,750 Revenue: $434,344

THE ORGANIZATION PROVIDES OPPORTUNITIES FOR MANKATO AREA YOUTH HOCKEY PLAYERS TO LEARN AND IMPROVE THEIR SKILLS THROUGH COMPETITIVE LEAGUE AND TOURNAMENT PLAY. THE ORGANIZATION TEACHES THE VALUE OF GOOD SPORTSMANSHIP AND A POSITIVE ATTITUDE OF TEAM PARTICIPATION, LOYALTY, RESPECT, AND RESPONSIBILITY. THE ORGANIZATION SERVES YOUTH AGES 5 TO 15. THIS PAST YEAR APPROXIMATELY 500 FAMILIES WERE MEMBERS OF MANKATO AREA HOCKEY TEAMS.

Program 2

DONATIONS FROM THE LAWFUL GAMBLING FUND TO THEIR GENERAL FUND TO HELP OFFSET COSTS ASSOCIATED WITH HOCKEY OF 346,000. THIS AMOUNT IS REPORTED ON SCHEDULE G.

Program 3

DONATIONS TO LOCAL GOVERNMENT TO LESSON THE TAX BURDEN OF ITS CITIZENS. NONE IN THE CURRENT YEAR.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $578,025

Program Service Revenue $434,344

Investment Income $8,513

Other Revenue $255

TOTAL REVENUE $1,021,137

Expense Breakdown

Grants Paid $25,233

Salaries & Benefits $54,546

Fundraising Expenses $0

Program Expenses $908,750

Other Expenses $849,282

TOTAL EXPENSES $929,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,021,137	$829,810	+0.2%
Expenses	$929,061	$765,419	+0.2%
Net Income	$92,076	$64,391	+0.4%

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

Governance

Voting Members

Independent Members

Employees

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

$25,953

Total Directors