NORTH SHORE INLINE MARATHON INC

EIN: 411871361 501(c)(3) Recreation & Sports

DULUTH, MN

Total Revenue
$251,353
Total Expenses
$324,330
Total Assets
$43,395
Net Assets
$-44,196
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MN
Principal Officer
JOE HAGGENMILLER
Phone
2187231503
Tax Period
2024-01-01 to 2024-12-31

NORTH SHORE INLINE MARATHON INC, founded in 1998, is a small nonprofit in the Recreation & Sports sector that reported $251K in total revenue in fiscal year 2024. Expenses of $324K exceeded revenue, resulting in a 29% operating deficit.

Mission

TO FOSTER NATIONAL AND INTERNATIONAL AMATEUR IN-LINE SKATING COMPETITION AND PROMOTE HEALTH & FITNESS THROUGH THE ORGANIZATION, PROMOTION, DEVELOPMENT AND CONDUCT OF A RECREATIONAL IN-LINE SKATING MARATHON

Program Service Accomplishments

Program 1
Expenses: $305,087 Revenue: $176,069

CONDUCT AND PROMOTE THE NORTH SHORE INLINE MARATHON AND ASSOCIATED SUPPORTING RACES INCLUDING THE COMBINED 39.6, HALF MARATHON SKATE, TUNNEL 10K SKATE, RUNNING HALF MARATHON, RUNNING TUNNEL 10K, 42K...

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CONDUCT AND PROMOTE THE NORTH SHORE INLINE MARATHON AND ASSOCIATED SUPPORTING RACES INCLUDING THE COMBINED 39.6, HALF MARATHON SKATE, TUNNEL 10K SKATE, RUNNING HALF MARATHON, RUNNING TUNNEL 10K, 42K ROLLERSKI, 21K ROLLERSKI, KID SPRINT RACES AND THE NSIM EXPO

Program 2
Expenses: $10,000

CHARITABLE DONATION TO RACE PARTNER NORTHERN LIGHTS FOUNDATION

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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 $65,615
Program Service Revenue $176,069
Investment Income $3,176
Other Revenue $6,493
TOTAL REVENUE $251,353

Expense Breakdown

Grants Paid $10,400
Salaries & Benefits $43,136
Fundraising Expenses $0
Program Expenses $315,087
Other Expenses $270,794
TOTAL EXPENSES $324,330

Year-over-Year Comparison

2024 2023 Change
Revenue $251,353 $237,311 +0.1%
Expenses $324,330 $292,780 +0.1%
Net Income $-72,977 $-55,469 +0.3%
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
10
Independent Members
10
Employees
1
Volunteers
75

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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG ASH DIRECTOR N/A
Director
$0 $0 $0
HUNTER BERGERSON DIRECTOR N/A
Director
$0 $0 $0
TODD CAMPBELL DIRECTOR N/A
Director
$0 $0 $0
DAN COLLINS TREASURER N/A
Officer Director
$0 $0 $0
TONE COUGHLIN VICE CHAIR N/A
Officer Director
$0 $0 $0
JANA DAVIS BOARD SECRET N/A
Officer Director
$0 $0 $0
CONNIE ECKLUND CHAIR N/A
Officer Director
$0 $0 $0
PAT MELBY DIRECTOR N/A
Director
$0 $0 $0
SCOTT SODERBERG DIRECTOR N/A
Director
$0 $0 $0
ALISON TALLEY DIRECTOR N/A
Director
$0 $0 $0
JOE HAGGENMILLER EXECUTIVE DI N/A
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
2025 No data No data No data No data
2024 $251,353 $324,330 $43,395 $-72,977
2023 $237,311 $292,780 $84,072 $-55,469
2022 $201,032 $198,014 $89,121 $3,018
2020 $115,181 $90,937 $105,251 $24,244
2019 $226,590 $232,260 $96,680 $-5,670
2018 $238,032 $229,836 $98,525 $8,196
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