Iowa Association of Track Coaches

EIN: 301242644

Iowa City, IA

Total Revenue
$191,130
Total Expenses
$183,430
Total Assets
$153,149
Net Assets
$153,149
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
IA
Phone
3196214121
Tax Period
2024-07-01 to 2025-06-30

Iowa Association of Track Coaches is a small nonprofit that reported $191K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $183K left a modest 4% surplus.

Mission

To promote Track & Field and Cross Country throughout the state of Iowa, both in the school setting and in the public eye. 2 - To provide a sounding board for new ideas and needed changes in our sport(s), and to work through proper channels to aid in the implementation of these ideas and changes. 3 - To promote a harmonious working relationship between: a. The coaches in all parts of the state and levels of competition. b. The administration in Iowa schools and their coaches. c. The IHSAA, the IGHSAU, the coaches and the cross country and track and field community in the state of Iowa. 4 - To provide services to the coaches and athletes in the state which bring an air of dignity to the sport. These include, but are not limited to: All-State Teams, Coach-of-the-Year Awards, Hall of Fame inductions, and 25-year coaching Awards. 5 - To encourage growth and development in all aspects of our sport(s) for all coaches and athletes. 6 - To provide current sources of information and clinics and

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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 $29,120
Program Service Revenue $125,160
Investment Income $0
Other Revenue $36,850
TOTAL REVENUE $191,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,100
Fundraising Expenses $0
Program Expenses $137,330
Other Expenses $162,330
TOTAL EXPENSES $183,430

Year-over-Year Comparison

2024 2023 Change
Revenue $191,130 $175,873 +0.1%
Expenses $183,430 $190,543 0.0%
Net Income $7,700 $-14,670 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
N/A
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
5
$18,100
Total Directors
7
$21,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peggy McGuire Treasurer 20.00
Officer Director
$5,900 $0 $5,900
Ben Duea President 10.00
Officer Director
$5,850 $0 $5,850
Abby Schmitz 1st V President 8.00
Officer Director
$4,600 $0 $4,600
Mike Parker Director 8.00
Director
$2,250 $0 $2,250
Thomas G Trygstad 2nd V President 5.00
Officer Director
$1,000 $0 $1,000
Greg Thompson Director 1.00
Director
$750 $0 $750
Emy Williams Vice President 1.00
Officer Director
$750 $0 $750
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
2025 $191,130 $183,430 $153,149 $7,700
2024 $175,873 $190,543 $145,449 $-14,670
2023 $163,131 $134,524 $160,119 $28,607
2022 $174,942 $130,382 $131,512 $44,560
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