BLOOMINGTON GIRLS HOCKEY CLUB

EIN: 273495931 501(c)(3) Recreation & Sports

BLOOMINGTON, MN

Total Revenue
$228,836
Total Expenses
$95,832
Total Assets
$199,594
Net Assets
$201,353
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MN
Principal Officer
JON TOWEY
Phone
9528819111
Tax Period
2023-07-01 to 2024-06-30

BLOOMINGTON GIRLS HOCKEY CLUB, founded in 2012, is a small nonprofit in the Recreation & Sports sector that reported $229K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $133K, a strong 58% operating margin.

Mission

THE BLOOMINGTON GIRLS HOCKEY CLUB IS COMMITTED TO PROVIDING A FUN, FAIR, SAFE AND DRUG-FREE ENVIRONMENT FOR ALL YOUTH GIRLS HOCKEY PLAYERS IN BLOOMINGTON. IT WILL STRIVE TO CREATE AN ENVIRONMENT WHERE PLAYERS, COACHES, PARENTS AND VOLUNTEERS DEVELOP A LOVE FOR THE GAME, AND A TRUE RESPECT FOR GIRLS HOCKEY PLAYERS THROUGHOUT THE WORLD. THE PRIMARY FOCUS WILL BE TO BUILD CHARACTER, SPORTSMANSHIP, COMPETITIVENESS, CONFIDENCE AND SELF-ESTEEM, AND PLAYERS WILL LEARN THE VALUE OF HARD WORK, INTEGRITY, DISCIPLINE, TEAMWORK, COMMITMENT AND RESPECT. THE ULTIMATE GOAL IS TO PREPARE BLOOMINGTON GIRLS HOCKEY PLAYERS FOR HIGH SCHOOL HOCKEY AND BEYOND, AND THE LIFE LESSONS LEARNED ON AND OFF THE ICE WILL SHAPE THE FUTURE OF EVERY PLAYER IN THE ORGANIZATION.

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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 $19,106
Program Service Revenue $196,553
Investment Income $16
Other Revenue $13,161
TOTAL REVENUE $228,836

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $11,649
Program Expenses $82,113
Other Expenses $95,832
TOTAL EXPENSES $95,832

Year-over-Year Comparison

2023 2022 Change
Revenue $228,836 $204,264 +0.1%
Expenses $95,832 $245,740 -0.6%
Net Income $133,004 $-41,476 -4.2%
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
8
Independent Members
8
Employees
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON TOWEY PRESIDENT N/A
Officer Director
$0 $0 $0
RICK WOLKE TREASURER N/A
Officer 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 $228,836 $95,832 $199,594 $133,004
2023 $204,264 $245,740 $66,590 $-41,476
2022 $283,177 $280,230 $111,098 $2,947
2021 $198,270 $195,154 $142,402 $3,116
2020 $262,096 $246,425 $103,762 $15,671
2019 $237,869 $205,037 $88,226 $32,832
2018 $202,996 $200,010 $57,644 $2,986
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