NORTHWEST INDIANA BMX ASSOCIATION

EIN: 352104198 Recreation & Sports

La Porte, IN

Total Revenue
$248,048
Total Expenses
$254,577
Total Assets
$128,726
Net Assets
$128,726
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IN
Principal Officer
Jacqueline Altizer
Phone
2194069833
Tax Period
2023-01-01 to 2023-12-31

NORTHWEST INDIANA BMX ASSOCIATION, founded in 2001, is a small nonprofit in the Recreation & Sports sector that reported $248K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

to provide amatuer athletic competition on a local , regional and national level through the sport of bicycle motocross racing to the community of Northwest Indiana Hosted regional Gold Cup Qualifier, State Championship Qualifier and State Championship Final Race.

Program Service Accomplishments

Program 1
Expenses: $124,949 Revenue: $247,048

Cycling Programs: Provided a year round amateur racing, practice and training program for participants of bicycle motocross racing. Provided 109 racing and 62 practice opportunities for participants...

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Cycling Programs: Provided a year round amateur racing, practice and training program for participants of bicycle motocross racing. Provided 109 racing and 62 practice opportunities for participants to compete, train and practice. Approximately 11000 . Taught 14 Beginner classes to approximately 900 children on the fundamentals of BMX racing.

Program 2
Expenses: $8,680 Revenue: $6,305

Cycling Programs: Provided training clinics for the purpose of teaching bicycle motocross racing and riding skills to participants 750 participants. Provided 5 training clinic for all proficiency...

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Cycling Programs: Provided training clinics for the purpose of teaching bicycle motocross racing and riding skills to participants 750 participants. Provided 5 training clinic for all proficiency levels of racing and made the facilities available for teams and indiidual to practice with their own coaches and trainers.

Program 3
Expenses: $13,931 Revenue: $5,638

Sports Competitions Programs: Hosted several state wide and regional competitions where riders were able to compete with athletes of greater skill and abilities. Maintained a team of riders for...

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Sports Competitions Programs: Hosted several state wide and regional competitions where riders were able to compete with athletes of greater skill and abilities. Maintained a team of riders for representation at other regional state and national events.

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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 $0
Program Service Revenue $189,674
Investment Income $0
Other Revenue $58,374
TOTAL REVENUE $248,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $147,560
Other Expenses $254,577
TOTAL EXPENSES $254,577

Year-over-Year Comparison

2023 2022 Change
Revenue $248,048 $211,879 +0.2%
Expenses $254,577 $242,793 +0.0%
Net Income $-6,529 $-30,914 -0.8%
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
2
Independent Members
2
Employees
N/A
Volunteers
15

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth Altizer Vice President/Secretary 2
Officer
$0 $0 $0
Jacqueline Altizer President/Treasurer 45
Officer
$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 No data No data No data No data
2023 $248,048 $254,577 $128,726 $-6,529
2022 $211,879 $242,793 $234,230 $-30,914
2021 $247,895 $262,403 $240,634 $-14,508
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