WESTONKA SPORTS ASSOCIATION (EIN 411965117) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

BRUCE SOHNS

Phone

9524918271

Tax Period

2024-07-01 to 2025-06-30

WESTONKA SPORTS ASSOCIATION, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $564K in total revenue in fiscal year 2024. Net assets of $4.4M represent 93 months of operating reserves.

Mission

THE ORGANIZATION WAS FORMED TO RAISE FUNDS TO BUILD A MULTIPURPOSE SPORTS FACILITY. THE FACILITY WILL ALLOW LOCAL YOUTH TO BE TRAINED IN LEADERSHIP.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,160

Program Service Revenue $416,235

Investment Income $58,900

Other Revenue $27,427

TOTAL REVENUE $563,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,210

Fundraising Expenses $0

Program Expenses $585,585

Other Expenses $461,713

TOTAL EXPENSES $588,923

Year-over-Year Comparison

	2024	2023	Change
Revenue	$563,722	$530,959	+0.1%
Expenses	$588,923	$509,251	+0.2%
Net Income	$-25,201	$21,708	-2.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
KEVIN BORG	DIRECTOR	1.00	Director	$0	$0	$0
DAVE BOTTS	DIRECTOR	1.00	Director	$0	$0	$0
TIM HALES	DIRECTOR	1.00	Director	$0	$0	$0
JEFF PETERSON	SECRETARY	1.00	Officer	$0	$0	$0
BRUCE SOHNS	PRESIDENT	3.00	Officer	$0	$0	$0
JOHN STERNE	VICE PRESIDE	1.00	Officer	$0	$0	$0
SHARON THALER	TREASURER	1.00	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
2025	$563,722	$588,923	$4,362,975	$-25,201
2024	$530,959	$509,251	$4,389,667	$21,708
2023	$450,274	$469,628	$4,368,552	$-19,354
2022	$412,951	$521,611	$4,387,627	$-108,660
2021	$344,611	$445,302	$4,495,466	$-100,691
2020	$397,116	$440,787	$4,596,157	$-43,671
2019	$376,469	$432,859	$4,639,828	$-56,390

WESTONKA SPORTS ASSOCIATION