ICE SPORTS ASSOCIATION DBA SCHEELS ICEPLEX

EIN: 271234271 501(c)(3) Youth Development

SIOUX FALLS, SD

Total Revenue
$3,467,901
Total Expenses
$1,471,841
Total Assets
$9,952,759
Net Assets
$7,411,589
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
SD
Principal Officer
JOE ZUEGER
Phone
6053673767
Tax Period
2023-01-01 to 2023-12-31

ICE SPORTS ASSOCIATION DBA SCHEELS ICEPLEX, founded in 2010, is a community nonprofit in the Youth Development sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 125% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 58% operating margin.

Mission

OPERATE AND PROGRAM AN ICE ARENA PROVIDING PUBLIC AND PRIVATE ICE RENTAL FACILITIES TO THE COMMUNITY AND REGION WITH AN EMPHASIS ON SERVING AND GROWING YOUTH ICE SPORTS.

Program Service Accomplishments

Program 1
Expenses: $1,281,361 Revenue: $1,485,595

WE DIRECTLY SERVE LOCAL NON-PROFIT YOUTH ASSOCIATIONS AS WELL AS INDIVIDUAL MEMBERS OF THE PUBLIC. WE PROVIDED OVER 8,170 HOURS OF ICE RENTAL TIME TO LOCAL CLUBS, YOUTH AND CITIZEN ORGANIZATIONS AND...

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WE DIRECTLY SERVE LOCAL NON-PROFIT YOUTH ASSOCIATIONS AS WELL AS INDIVIDUAL MEMBERS OF THE PUBLIC. WE PROVIDED OVER 8,170 HOURS OF ICE RENTAL TIME TO LOCAL CLUBS, YOUTH AND CITIZEN ORGANIZATIONS AND PUBLIC EVENTS IN 2023.DURING THIS PERIOD, WE WELCOMED OVER 16,250 MEMBERS OF THE PUBLIC DURING REGULARLY-SCHEDULED OPEN SKATE AND STICK-AND-PUCK SESSIONS. WE CONTINUE TO BE THE HOME OF PHYSICAL EDUCATION PROGRAMS TO THE LOCAL HOME SCHOOLING GROUP, AND ARE AVAILABLE ALL YEAR TO SUPPORT VARIOUS GROUP OUTINGS FOR CHURCHES, SCHOOLS AND OTHER FOR-PROFIT AND NON-PROFIT INSTITUTIONS. THE AVAILABILITY OF ICE TIME HAS ALSO ALLOWED FOR A NEW SLED HOCKEY PROGRAM FOR THE DISABLED AS WELL AS A CURLING ASSOCIATION.

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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 $1,976,939
Program Service Revenue $1,280,510
Investment Income $4,675
Other Revenue $205,777
TOTAL REVENUE $3,467,901

Expense Breakdown

Grants Paid $225
Salaries & Benefits $420,494
Fundraising Expenses $14,997
Program Expenses $1,281,361
Other Expenses $1,051,122
TOTAL EXPENSES $1,471,841

Year-over-Year Comparison

2023 2022 Change
Revenue $3,467,901 $1,543,969 +1.2%
Expenses $1,471,841 $1,415,921 +0.0%
Net Income $1,996,060 $128,048 +14.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
58
Volunteers
3

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
$88,221
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE ZUEGER PRESIDENT 10.00
Officer Director
$0 $0 $0
GREG STARNES VICE PRESIDENT/SECRETARY 1.00
Officer Director
$0 $0 $0
BEN GRAHAM VICE PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
BRIAN PRISBE GENERAL MANAGER 40.00
Officer
$88,221 $0 $88,221
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 No data No data No data No data
2023 $3,467,901 $1,471,841 $9,952,759 $1,996,060
2022 $1,543,969 $1,415,921 $8,286,459 $128,048
2021 $1,512,869 $1,338,187 $8,319,597 $174,682
2020 $1,286,366 $1,242,316 $8,190,827 $44,050
2019 $1,355,384 $1,289,022 $8,351,681 $66,362
2018 $1,430,393 $1,259,821 $8,433,471 $170,572
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