ROCKFORD AREA ATHLETIC ASSOCIATION

EIN: 411680498 501(c)(3) Recreation & Sports

ROCKFORD, MN

Total Revenue
$462,126
Total Expenses
$390,701
Total Assets
$356,493
Net Assets
$356,493
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MN
Principal Officer
PETER MORAN
Phone
9522219258
Tax Period
2023-10-01 to 2024-09-30

ROCKFORD AREA ATHLETIC ASSOCIATION, founded in 1991, is a small nonprofit in the Recreation & Sports sector that reported $462K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $71K, a strong 15% operating margin.

Mission

SUPPORT LOCAL YOUTH SPORTS PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $122,351 Revenue: $107,221

BASKETBALL PROGRAM FOR THOSE IN GRADES 3 THROUGH 8 THAT FOCUSES ON CONTINUOUS DEVELOPMENT OF BASIC FUNDAMENTALS AND SKILL SETS AS WELL AS TEAM IMPROVEMENTS FOR BOYS AND GIRLS. EACH GRADE LEVEL...

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BASKETBALL PROGRAM FOR THOSE IN GRADES 3 THROUGH 8 THAT FOCUSES ON CONTINUOUS DEVELOPMENT OF BASIC FUNDAMENTALS AND SKILL SETS AS WELL AS TEAM IMPROVEMENTS FOR BOYS AND GIRLS. EACH GRADE LEVEL PARTICIPATES IN GAMES AND SCRIMMAGES WITH OTHER LOCAL TEAMS AND HAVE THE OPPORTUNITY TO PARTICIPATE IN THE MYAS STATE TOURNAMENT.

Program 2
Expenses: $58,137 Revenue: $46,141

SOFTBALL PROGRAM FOR YOUTH AGES 5 THROUGH 15 DEDICATED TO TEACHING FUNDAMENTALS AND DEVELOPING SKILL SETS. THIS PROGRAM LEADS INTO THE CROW RIVER REVOLUTION PROGRAM THAT PARTNERS WITH OTHER AREA...

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SOFTBALL PROGRAM FOR YOUTH AGES 5 THROUGH 15 DEDICATED TO TEACHING FUNDAMENTALS AND DEVELOPING SKILL SETS. THIS PROGRAM LEADS INTO THE CROW RIVER REVOLUTION PROGRAM THAT PARTNERS WITH OTHER AREA ORGANIZATIONS TO CONTINUE DEVELOPMENT AT THE HIGH SCHOOL LEVEL. TEAMS PARTICIPATE IN GAMES AND TOURNAMENTS THROUGH THE YEAR.

Program 3
Expenses: $108,794 Revenue: $49,291

BASEBALL PROGRAM FOR YOUTH AGES 7 THROUGH 13 DEDICATED TO DEVELOPING BASEBALL FUNDAMENTALS IN BOTH A COMPETITIVE AND RECREATIONAL ENVIRONMENT. THIS PROGRAM PROVIDES PLAYERS AN OPPORTUNITY TO LEARN...

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BASEBALL PROGRAM FOR YOUTH AGES 7 THROUGH 13 DEDICATED TO DEVELOPING BASEBALL FUNDAMENTALS IN BOTH A COMPETITIVE AND RECREATIONAL ENVIRONMENT. THIS PROGRAM PROVIDES PLAYERS AN OPPORTUNITY TO LEARN FUNDAMENTAL BASEBALL SKILLS, INCREASE THEIR KNOWLEDGE OF THE GAME, PLAY COMPETITIVE OR RECREATIONAL BASEBALL ALL WHILE INPIRING SPORTSMANSHIP, RESPECT, AND CHARACTER ON AND OFF THE BASEBALL FIELD.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $163,310
Program Service Revenue $276,860
Investment Income $0
Other Revenue $21,956
TOTAL REVENUE $462,126

Expense Breakdown

Grants Paid $14,796
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $387,826
Other Expenses $375,905
TOTAL EXPENSES $390,701

Year-over-Year Comparison

2023 2022 Change
Revenue $462,126 $562,576 -0.2%
Expenses $390,701 $538,693 -0.3%
Net Income $71,425 $23,883 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
50

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER MORAN PRESIDENT 15.00
Officer
$0 $0 $0
TODD PAULSEN VICE PRESIDE 5.00
Officer
$0 $0 $0
GREY CAMPBELL SECRETARY 5.00
Officer
$0 $0 $0
CHAD STARK TREASURER 5.00
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
2024 $462,126 $390,701 $356,493 $71,425
2023 $562,576 $538,693 $285,068 $23,883
2022 $457,858 $381,368 $261,185 $76,490
2021 $278,999 $233,637 $184,693 $45,362
2020 $234,222 $276,388 $139,334 $-42,166
2019 $396,495 $388,214 $181,501 $8,281
2018 $405,464 $334,046 $173,220 $71,418
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