NATIONAL SPORTS CENTER FOUNDATION

EIN: 411646516 501(c)(3) Recreation & Sports

BLAINE, MN

Total Revenue
$17,493,400
Total Expenses
$19,280,935
Total Assets
$20,506,875
Net Assets
$9,033,972
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
MN
Principal Officer
NEIL LADD
Phone
7637855600
Tax Period
2024-01-01 to 2024-12-31

NATIONAL SPORTS CENTER FOUNDATION, founded in 1989, is a mid-sized nonprofit in the Recreation & Sports sector that reported $17.5M in total revenue in fiscal year 2024. Expenses of $19.3M exceeded revenue, resulting in a 10% operating deficit.

Mission

THE FOUNDATION IS DEDICATED TO THE DEVELOPMENT OF AMATEUR SPORTS, BY PROVIDING EXCEPTIONAL SPORTS AND ATHLETIC EXPERIENCES WITH PROGRAMS AND SERVICES FOR MINNESOTANS INTENDED TO ENCOURAGE YOUTH AND FAMILIES TO DEVELOP LIFELONG PATTERNS OF PHYSICAL FITNESS AND HEALTHY LIFESTYLES AND TO GENERATE ECONOMIC IMPACT FOR MINNESOTA BY HOSTING REGIONAL/NATIONAL/INTERNATIONAL SPORTING EVENTS ON BEHALF OF THE MINNESOTA AMATEUR SPORTS COMMISSION, A STATE AGENCY.

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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 $1,063,147
Program Service Revenue $16,341,485
Investment Income $51,097
Other Revenue $37,671
TOTAL REVENUE $17,493,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,504,463
Fundraising Expenses $163,450
Program Expenses $16,958,228
Other Expenses $10,776,472
TOTAL EXPENSES $19,280,935

Year-over-Year Comparison

2024 2023 Change
Revenue $17,493,400 $16,693,895 +0.0%
Expenses $19,280,935 $17,266,286 +0.1%
Net Income $-1,787,535 $-572,391 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
11
Employees
367
Volunteers
150

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
7
$707,745
Total Directors
15
$409,377
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL LADD DEPUTY EXECUTIVE DIRECTOR 40.00
Officer Director
$167,506 $10,853 $178,359
AL GOTTSCHALK VICE CHAIR (PART YEAR)/CHAIRMAN 1.00
Officer Director
$0 $0 $0
TODD JOHNSON CEO 40.00
Officer Director
$60,367 $0 $60,367
STEVE OLSON COO/SECRETARY 40.00
Officer Director
$136,644 $34,007 $170,651
FRANK JACKSON DIRECTOR 1.00
Director
$0 $0 $0
JESSICA LACHER DIRECTOR 1.00
Director
$0 $0 $0
JOAN HALLOCK DIRECTOR 1.00
Director
$0 $0 $0
JOHN REICH DIRECTOR 1.00
Director
$0 $0 $0
JONAH BERNDT DIRECTOR 1.00
Director
$0 $0 $0
PAUL BEGGIN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT LOE DIRECTOR 1.00
Director
$0 $0 $0
SUSAN TABOR DIRECTOR 1.00
Director
$0 $0 $0
TIM SANDERS DIRECTOR 1.00
Director
$0 $0 $0
TRENT TUCKER DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCCLELLAN CHAIR (PART YEAR) 1.00
Officer Director
$0 $0 $0
CATHI BULLIS CHIEF FINANCIAL OFFICER 40.00
Officer
$152,234 $1,924 $154,158
SARA SOLI CHIEF MARKETING AND COMMUNICATIONS OFFICER 40.00
Officer
$143,514 $696 $144,210
DARIN THOMPSON DIRECTOR OF SPORTS SERVICES 40.00
Highest
$120,533 $0 $120,533
PETER CARLSON ICE ARENA OPERATIONS AND PROGRAMS DIRECTOR 40.00
Highest
$118,864 $0 $118,864
THOMAS KIRKLAND DIRECTOR OF GOLF 40.00
Highest
$107,220 $0 $107,220
ROBERT WEBER EQUIPMENT MANAGER 40.00
Highest
$106,499 $0 $106,499
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 $17,493,400 $19,280,935 $20,506,875 $-1,787,535
2023 $16,693,895 $17,266,286 $23,534,952 $-572,391
2022 $15,169,264 $16,871,301 $26,138,517 $-1,702,037
2021 $17,022,739 $14,614,865 $27,150,165 $2,407,874
2020 $9,280,636 $10,780,243 $25,011,258 $-1,499,607
2019 $16,085,782 $16,681,149 $23,334,048 $-595,367
2018 $27,079,184 $15,883,242 $24,365,552 $11,195,942
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