DULUTH NORDIC SKI CLUB INC

EIN: 411487615 501(c)(3) Recreation & Sports

DULUTH, MN

Total Revenue
$176,428
Total Expenses
$176,334
Total Assets
$150,096
Net Assets
$150,096
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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
1985
Legal Domicile
MN
Principal Officer
BONNIE FULLER-KASK
Phone
2183551271
Tax Period
2024-06-01 to 2025-05-31

DULUTH NORDIC SKI CLUB INC, founded in 1985, is a small nonprofit in the Recreation & Sports sector that reported $176K in total revenue in fiscal year 2024. Revenue surged 130% from the prior year, signaling strong growth momentum.

Mission

TO TEACH AND ENJOY THE SPORT OF NORDIC SKIING

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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 $179,033
Investment Income $2
Other Revenue $-2,607
TOTAL REVENUE $176,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,263
Fundraising Expenses $0
Program Expenses $169,759
Other Expenses $153,071
TOTAL EXPENSES $176,334

Year-over-Year Comparison

2024 2023 Change
Revenue $176,428 $76,852 +1.3%
Expenses $176,334 $85,022 +1.1%
Net Income $94 $-8,170 -1.0%
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
4
Independent Members
3
Employees
9
Volunteers
55

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
$520
Total Directors
4
$520
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE KASK PRESIDENT 1.00
Officer Director
$0 $0 $0
ERIC WATSON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN GOULD SECRETARY 1.00
Officer Director
$520 $0 $520
BONNIE FULLER-KASK TREASURER 1.00
Officer Director
$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 $176,428 $176,334 $150,096 $94
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