GITCHI GUMMI SOCCER CLUB INC

EIN: 411701244 501(c)(3) Recreation & Sports

Duluth, MN

Total Revenue
$564,063
Total Expenses
$296,068
Total Assets
$538,907
Net Assets
$535,395
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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
1992
Legal Domicile
MN
Principal Officer
Kristine Barnes
Phone
2183404199
Tax Period
2024-01-01 to 2024-12-31

GITCHI GUMMI SOCCER CLUB INC, founded in 1992, is a small nonprofit in the Recreation & Sports sector that reported $564K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $268K, a strong 48% operating margin.

Mission

To educate Players and Coaches about the game of soccer. The Club aims to provide fun, educational and developmental programs suitable for youth

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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 $531,900
Investment Income $22
Other Revenue $32,141
TOTAL REVENUE $564,063

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,583
Fundraising Expenses $0
Program Expenses $296,068
Other Expenses $287,485
TOTAL EXPENSES $296,068

Year-over-Year Comparison

2024 2023 Change
Revenue $564,063 $378,433 +0.5%
Expenses $296,068 $316,164 -0.1%
Net Income $267,995 $62,269 +3.3%
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
12
Independent Members
12
Employees
N/A
Volunteers
400

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
Greg Spoelhof Vice President 2
Officer
$0 $0 $0
Daniel Moore Secretary 2
Officer
$0 $0 $0
Kristine Barnes Treasurer 4
Officer
$0 $0 $0
Chad Peterson PRESIDNT 2
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 $564,063 $296,068 $538,907 $267,995
2023 $378,433 $316,164 $460,730 $62,269
2022 $339,920 $331,613 $362,921 $8,307
2021 $314,506 $304,263 $354,614 $10,243
2020 $364,440 $312,028 $344,371 $52,412
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