HERMANTOWN YOUTH SOCCER ASSN INC

EIN: 411517567 501(c)(3) Recreation & Sports

DULUTH, MN

Total Revenue
$218,038
Total Expenses
$161,227
Total Assets
$498,540
Net Assets
$486,783
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MN
Principal Officer
BRICE HANSEN
Phone
2182062778
Tax Period
2024-01-01 to 2024-12-31

HERMANTOWN YOUTH SOCCER ASSN INC, founded in 1985, is a small nonprofit in the Recreation & Sports sector that reported $218K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $57K, a strong 26% operating margin.

Mission

TO PROVIDE AN ENVIRONMENT FOR THE CHILDREN OF HERMANTOWN TO LEARN AND PLAY SOCCER AT BOTH A RECREATIONAL AND COMPETITIVE LEVEL, WHILE DEVELOPING SOCCER SKILLS AND KNOWLEDGE OF RULES AND STRATEGIES OF SOCCER IN A FUN ATMOSPHERE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,550
Program Service Revenue $157,565
Investment Income $5,561
Other Revenue $27,362
TOTAL REVENUE $218,038

Expense Breakdown

Grants Paid $2,350
Salaries & Benefits $34,048
Fundraising Expenses $0
Program Expenses $160,362
Other Expenses $124,829
TOTAL EXPENSES $161,227

Year-over-Year Comparison

2024 2023 Change
Revenue $218,038 $187,965 +0.2%
Expenses $161,227 $135,861 +0.2%
Net Income $56,811 $52,104 +0.1%
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

Sign In

Governance

Voting Members
13
Independent Members
11
Employees
38
Volunteers
100

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
$0
Total Directors
13
$25,582
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRICE HANSEN PRESIDENT 2.00
Officer Director
$0 $0 $0
PERI PEARSON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
PETE RAUKAR PAST PRESIDE 1.00
Director
$0 $0 $0
AMY ROTHER SECRETARY 1.00
Officer Director
$0 $0 $0
REBECCA EASTVOLD TREASURER 1.00
Officer Director
$0 $0 $0
JENNY MIKES BOARD/GAMBLI 10.00
Director
$24,358 $0 $24,358
JILLIAN HOGAN BOARD MEMBER 1.00
Director
$0 $0 $0
NICHOLAS EASTVOLD BOARD MEMBER 1.00
Director
$1,224 $0 $1,224
RACHEL KRITZECK BOARD MEMBER 1.00
Director
$0 $0 $0
ELLIE FOURNIER BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE HERSETH BOARD MEMBER 1.00
Director
$0 $0 $0
KARISSA ALBRECHT BOARD MEMBER 1.00
Director
$0 $0 $0
JIM DELMORE BOARD MEMBER 1.00
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
2024 $218,038 $161,227 $498,540 $56,811
2023 $187,965 $135,861 $449,899 $52,104
2022 $90,016 $131,855 $386,070 $-41,839
2021 $242,418 $91,441 $419,707 $150,977
2020 $-1,619 $16,289 $268,730 $-17,908
2019 $139,835 $95,323 $293,238 $44,512
2018 $137,511 $95,329 $249,161 $42,182
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HERMANTOWN YOUTH SOCCER ASSN INC with other nonprofits in Minnesota and across the country.