GRAND FORKS FASTBREAK CLUB

EIN: 363696890 501(c)(3) Youth Development

GRAND FORKS, ND

Total Revenue
$210,877
Total Expenses
$217,341
Total Assets
$45,627
Net Assets
$45,627
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
ND
Principal Officer
JODY THOMPSON
Phone
7017799122
Tax Period
2023-07-01 to 2024-06-30

GRAND FORKS FASTBREAK CLUB, founded in 1990, is a small nonprofit in the Youth Development sector that reported $211K in total revenue in fiscal year 2023.

Mission

TO PROVIDE A POSITIVE, STRUCTURED ENVIRONMENT FOR ACTIVE PARTICIPATION IN COMPETITIVE BASKETBALL WHILE ALLOWING INDIVIDUAL ATHLETES TO DEVELOP THEIR SKILLS AND ABILITIES TO THE HIGHEST POSSIBLE LEVEL.

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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 $8,000
Program Service Revenue $202,864
Investment Income $13
Other Revenue $0
TOTAL REVENUE $210,877

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $27,600
Fundraising Expenses $0
Program Expenses $208,920
Other Expenses $184,741
TOTAL EXPENSES $217,341

Year-over-Year Comparison

2023 2022 Change
Revenue $210,877 N/A N/A
Expenses $217,341 N/A N/A
Net Income $-6,464 $0 N/A
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
19

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
$4,000
Total Directors
19
$21,669
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JODY THOMPSON PRESIDENT 3.00
Officer Director
$0 $0 $0
JERROD HANSON TREASURER 0.46
Officer Director
$0 $0 $0
TREVOR LENNON VICE PRESIDENT 0.25
Officer Director
$4,000 $0 $4,000
JON STRANDELL SECRETARY 0.40
Officer Director
$0 $0 $0
VAL SUSSEX DIRECTOR 0.10
Director
$0 $0 $0
DAN CARLSON DIRECTOR 0.10
Director
$1,500 $0 $1,500
EVAN PEDERSON DIRECTOR 0.10
Director
$2,505 $0 $2,505
JACOB WAVRA -RESIGNED 62024 DIRECTOR 0.10
Director
$4,200 $0 $4,200
KENT RIPPLINGER DIRECTOR 0.10
Director
$0 $0 $0
BRIAN STROM DIRECTOR 0.10
Director
$3,400 $0 $3,400
LAURA COBB DIRECTOR 0.10
Director
$0 $0 $0
MARY MOSER DIRECTOR 0.10
Director
$0 $0 $0
MATT BAKKE DIRECTOR 0.10
Director
$0 $0 $0
MIKE WILBER DIRECTOR 0.10
Director
$0 $0 $0
NATE CARLSON DIRECTOR 0.10
Director
$1,789 $0 $1,789
STEVE PAINTNER DIRECTOR 0.10
Director
$3,200 $0 $3,200
TIFFANY MANNASUA DIRECTOR 0.10
Director
$0 $0 $0
KIRBY KREFTING DIRECTOR 0.10
Director
$0 $0 $0
ANDRAYAH ADAMS -RESIGNED 62024 DIRECTOR 0.10
Director
$1,075 $0 $1,075
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 No data No data No data No data
2024 $210,877 $217,341 $45,627 $-6,464
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