BLOOMINGTON ATHLETIC 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

1969

Legal Domicile

Phone

6122800159

Tax Period

2023-01-01 to 2023-12-31

BLOOMINGTON ATHLETIC ASSOCIATION, founded in 1969, is a small nonprofit in the Recreation & Sports sector that reported $459K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $439K left a modest 4% surplus.

Mission

The Bloomington Athletic Association has been focusing on making youth athletics available to children in our community. We provide low cost organized youth sports with help from hundreds of parents and community members volunteering their time each year to provide quality recreational league sports. If fees are an issue, BAA offers scholarships to provide equal opportunity to play for all youth.

Program Service Accomplishments

Program 1

Expenses: $439,172 Revenue: $459,103

Providing sports programs for Bloomington youth from age 5-18 in softball, baseball, basketball, soccer, volleyball, floor hockey, wrestling, unihockey, track and field, and golf. This includes the...

Program 2

Expenses: $0 Revenue: $0

This program was not required in 2023

Program 3

Expenses: $0 Revenue: $0

This program was not included in 2023

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $24,818

Program Service Revenue $434,285

Investment Income $0

Other Revenue $0

TOTAL REVENUE $459,103

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,512

Fundraising Expenses $0

Program Expenses $439,172

Other Expenses $366,660

TOTAL EXPENSES $439,172

Year-over-Year Comparison

	2023	2022	Change
Revenue	$459,103	$407,134	+0.1%
Expenses	$439,172	$370,904	+0.2%
Net Income	$19,931	$36,230	-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

870

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

$52,508

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephanie Nicholsen	Admin	40	Officer	$44,108	$0	$44,108
Glenn Riemersma	Treasurer	10	Officer	$8,400	$0	$8,400
Virg Senescall	Vice President	10	Officer	$0	$0	$0
Brad Debo	Vice President	15	Officer	$0	$0	$0
Robert Collins	President	10	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	$459,103	$439,172	$311,682	$19,931
2022	$407,134	$370,904	$291,751	$36,230
2021	$338,595	$198,237	$255,521	$140,358
2020	$58,027	$168,745	$108,699	$-110,718
2019	$320,316	$292,895	$227,451	$27,421
2018	$325,409	$313,055	$203,418	$12,354