WASECA HOCKEY ASSOCIATION INC

🔒

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

1971

Legal Domicile

Principal Officer

MATT SCHMIDTKE

Phone

5073398203

Tax Period

2024-05-01 to 2025-04-30

WASECA HOCKEY ASSOCIATION INC, founded in 1971, is a small nonprofit that reported $119K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Net assets of $325K represent 33 months of operating reserves.

Mission

TEACHING CHILDREN UNDER THE AGE OF 18 YEARS OLD TO PLAY THE GAME OF HOCKEY.

Program Service Accomplishments

Program 1

Expenses: $102,730

TEACHING CHILDREN UNDER THE AGE OF 18 YEARS OLD TO PLAY THE GAME OF HOCKEY.

Program 2

DONATIONS TO SUPPORT THE LOCAL AND SURROUNDING COMMUNITY THROUGH THE LAWAFUL GAMBLING FUND. REPORTED ON SCHEDULE G OF 266,243.

Program 3

DONATIONS TO A LOCATION FOUNDATION FOR FINANCIAL ASSISTANCE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $41,375

Program Service Revenue $83,504

Investment Income $3,746

Other Revenue $-9,231

TOTAL REVENUE $119,394

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $4,750

Fundraising Expenses $0

Program Expenses $102,730

Other Expenses $109,793

TOTAL EXPENSES $116,043

Year-over-Year Comparison

	2024	2023	Change
Revenue	$119,394	$174,751	-0.3%
Expenses	$116,043	$134,334	-0.1%
Net Income	$3,351	$40,417	-0.9%

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

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

$30,451

Total Directors

$2,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT SCHMIDTKE	PRESIDENT	1.00	Officer	$0	$0	$0
CLINT SELVIK	VICE PRESIDE	1.00	Officer	$0	$0	$0
ANDREA ROEMHILDT	SECRETARY	1.00	Officer	$0	$0	$0
JENNIFER ROSS	TREASURER	1.00	Officer	$2,250	$0	$2,250
ANGIE LAWSON	GIRLS YOUTH	1.00	Director	$0	$0	$0
JOSH LYNCH	GAMBLING MAN	20.00	Officer	$28,201	$0	$28,201
KELLIE MOSELEY	DIBS	1.00	Director	$0	$0	$0
KELLY GOETTL	FUNDRAISING	1.00	Director	$0	$0	$0
ANTHONY MARTENS	GRIEVANCE CO	1.00	Director	$1,500	$0	$1,500
LINDSAY DANKS	DIRECTOR	1.00	Director	$1,000	$0	$1,000

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	$119,394	$116,043	$348,789	$3,351
2024	$174,751	$134,334	$328,992	$40,417
2023	$153,695	$266,181	$290,701	$-112,486
2022	$273,027	$264,114	$406,777	$8,913
2020	$247,743	$211,080	$343,838	$36,663
2019	$254,526	$194,288	$360,151	$60,238