MEIRE GROVE ATHLETIC CLUB OF MEIRE

EIN: 411471103

MELROSE, MN

Total Revenue
$7,589
Total Expenses
$9,684
Total Assets
$87,449
Net Assets
$87,449
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
MN
Phone
3202563036
Tax Period
2024-02-01 to 2025-01-31

MEIRE GROVE ATHLETIC CLUB OF MEIRE, founded in 1959, is a micro nonprofit that reported $8K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 28% operating deficit.

Mission

OPERATED CONCESSION STAND, ADMISSIONS & CHARITABLE GAMING TO PROVIDE SUPPORT FOR BALL PARK, TEAMS AND OTHER CHARITABLE CAUSES

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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 $0
Program Service Revenue $5,728
Investment Income $473
Other Revenue $1,388
TOTAL REVENUE $7,589

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,857
Other Expenses $9,684
TOTAL EXPENSES $9,684

Year-over-Year Comparison

2024 2023 Change
Revenue $7,589 $14,325 -0.5%
Expenses $9,684 $11,068 -0.1%
Net Income $-2,095 $3,257 -1.6%
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
27
Independent Members
27
Employees
2
Volunteers
20

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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG MEYER Board Member 1.00
Director
$0 $0 $0
RANDALL WELLE Board Member 1.00
Director
$0 $0 $0
JERRY IMDIEKE Secretary/Treas 1.00
Officer
$0 $0 $0
JOSEPH MEYER President 1.00
Officer
$0 $0 $0
GARY MARTHALER Vice President 1.00
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
2025 $7,589 $9,684 $87,449 $-2,095
2024 $14,325 $11,068 $89,544 $3,257
2023 $69,308 $25,779 $86,287 $43,529
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