SLEEPY EYE ARENA ASSOCIATION INC (EIN 411719175) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

TERRY HEIDERSCHEIDT

Phone

5077945406

Tax Period

2023-09-01 to 2024-08-31

SLEEPY EYE ARENA ASSOCIATION INC, founded in 1991, is a small nonprofit that reported $181K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $46K, a strong 25% operating margin.

Mission

TO PROVIDE AND MAINTAIN AN ICE ARENA FOR THE HOCKEY AND FIGURE SKATING YOUTH OF THE COMMUNITY AND SURROUNDING AREA AND TO PROVIDE A BUILDING FOR OTHER VARIOUS COMMUNITY EVENTS AND SCHOOL RELATED ACTIVITIES.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,500

Program Service Revenue $64,441

Investment Income $6,968

Other Revenue $108,518

TOTAL REVENUE $181,427

Expense Breakdown

Grants Paid $21,398

Salaries & Benefits $26,953

Fundraising Expenses $0

Program Expenses $132,497

Other Expenses $87,439

TOTAL EXPENSES $135,790

Year-over-Year Comparison

	2023	2022	Change
Revenue	$181,427	$163,273	+0.1%
Expenses	$135,790	$150,089	-0.1%
Net Income	$45,637	$13,184	+2.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TROY ALTMANN	DIRECTOR	1.00	Director	$0	$0	$0
TOBY ARNESON	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON HAVEMEIER	DIRECTOR	1.00	Director	$0	$0	$0
BILL HELGET	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
JODY BELTZ	TREASURER	3.00	Officer Director	$0	$0	$0
SAM HEIDERSCHEIDT	SECRETARY	2.00	Officer Director	$0	$0	$0
TERRY HEIDERSCHEIDT	PRESIDENT	2.00	Officer Director	$0	$0	$0
LARRY PELZEL	VICE PRESIDENT	2.00	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
2024	$181,427	$135,790	$672,873	$45,637
2023	$163,273	$150,089	$637,231	$13,184
2022	$202,844	$133,518	$652,493	$69,326
2021	$159,863	$113,281	$602,498	$46,582
2020	$127,574	$139,699	$577,026	$-12,125
2019	$142,090	$135,526	$610,463	$6,564
2018	$135,996	$110,410	$630,522	$25,586

SLEEPY EYE ARENA ASSOCIATION INC