ANOKA AREA ICE ARENA ASSOCIATION INC

EIN: 411402146 501(c)(3) Recreation & Sports

ANOKA, MN

Total Revenue
$750,821
Total Expenses
$1,023,456
Total Assets
$5,448,417
Net Assets
$2,274,272
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MN
Principal Officer
DAVE JOHNSON
Phone
7634278163
Tax Period
2024-07-01 to 2025-06-30

ANOKA AREA ICE ARENA ASSOCIATION INC, founded in 1981, is a small nonprofit in the Recreation & Sports sector that reported $751K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 36% operating deficit.

Mission

PROMOTING YOUTH SKATING, ICE HOCKEY, SOCCER & LACROSSE PROGRAMS.

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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 $1,250
Program Service Revenue $632,040
Investment Income $4,891
Other Revenue $112,640
TOTAL REVENUE $750,821

Expense Breakdown

Grants Paid $19,000
Salaries & Benefits $416,169
Fundraising Expenses $0
Program Expenses $884,758
Other Expenses $588,287
TOTAL EXPENSES $1,023,456

Year-over-Year Comparison

2024 2023 Change
Revenue $750,821 $1,117,461 -0.3%
Expenses $1,023,456 $939,194 +0.1%
Net Income $-272,635 $178,267 -2.5%
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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Governance

Voting Members
16
Independent Members
15
Employees
65
Volunteers
16

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
$91,987
Total Directors
17
$107,802
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK WESP DIRECTOR & GAMING ACTIVITI 40.00
Director
$97,296 $10,506 $107,802
DAVE JOHNSON PRESIDENT 4.00
Officer Director
$0 $0 $0
ELLY FROILAND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN LICHTER TREASURER 4.00
Officer Director
$0 $0 $0
BRYAN TALBOT SECRETARY 1.00
Officer Director
$0 $0 $0
CASSI DOSTERT DIRECTOR AS OF 06/24/25 1.00
Director
$0 $0 $0
BILL BENDISKE DIRECTOR 1.00
Director
$0 $0 $0
BRYAN LINDBERG DIRECTOR 1.00
Director
$0 $0 $0
DENNIS SAUER DIRECTOR 1.00
Director
$0 $0 $0
JOE ANDRELA DIRECTOR THRU 01/06/2025 1.00
Director
$0 $0 $0
JON MANTHEY DIRECTOR 1.00
Director
$0 $0 $0
DAVE LARSON DIRECTOR 1.00
Director
$0 $0 $0
STEVE SETTERBERG DIRECTOR 1.00
Director
$0 $0 $0
PAUL TALBOT DIRECTOR 1.00
Director
$0 $0 $0
KATHY ZWERDLING DIRECTOR 1.00
Director
$0 $0 $0
ROB SAVINI DIRECTOR 1.00
Director
$0 $0 $0
CHASE MILLER DIRECTOR 1.00
Director
$0 $0 $0
BOB ERICKSON ARENA MANAGER 40.00
Officer
$84,941 $7,046 $91,987
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 $750,821 $1,023,456 $5,448,417 $-272,635
2024 $1,117,461 $939,194 $5,627,619 $178,267
2023 $554,459 $964,603 $5,365,339 $-410,144
2022 $648,668 $816,754 $5,674,560 $-168,086
2021 $609,514 $575,143 $2,769,852 $34,371
2020 $639,083 $696,455 $1,811,748 $-57,372
2019 $649,373 $638,802 $1,776,861 $10,571
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