IOWA STATE BOWLING PROPRIETORS ASSN

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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

1945

Legal Domicile

Principal Officer

RANDALL THOMPSON

Phone

5152550808

Tax Period

2024-09-01 to 2025-08-31

IOWA STATE BOWLING PROPRIETORS ASSN, founded in 1945, is a micro nonprofit that reported $94K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $235K represent 30 months of operating reserves.

Mission

TRADE ASSOCIATION FOR IOWA BOWLING PROPRIETORS AND TO CONDUCT TOURNAMENTS FOR ALL AGES OF AMATEUR BOWLERS

Program Service Accomplishments

Program 1

Expenses: $90,712

TRADE ASSOCIATION FOR IOWA BOWLING

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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 $60,670

Program Service Revenue $0

Investment Income $8,613

Other Revenue $24,408

TOTAL REVENUE $93,691

Expense Breakdown

Grants Paid $371

Salaries & Benefits $51,897

Fundraising Expenses $0

Program Expenses $90,712

Other Expenses $38,800

TOTAL EXPENSES $91,068

Year-over-Year Comparison

	2024	2023	Change
Revenue	$93,691	$125,315	-0.3%
Expenses	$91,068	$121,950	-0.3%
Net Income	$2,623	$3,365	-0.2%

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

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

$46,614

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICKIE WOODFORD	PRESIDENT	40.00	Officer	$46,614	$0	$46,614
MARK FRYMOYER	VICE PRESIDENT	10.00	Officer	$0	$0	$0
GARY BRADY	VP AT LARGE	10.00	Officer	$0	$0	$0
MICK HACKBARTH	VP OF COMMUNICATIONS	10.00	Officer	$0	$0	$0
RANDY THOMPSON	TREASURER	10.00	Officer	$0	$0	$0
JON BLIN	VP OF SPECIAL EVENTS	10.00	Officer	$0	$0	$0
SCOTT WALKNER	VP OF MEMBERSHIPS	10.00	Officer	$0	$0	$0
BRYCE SMITH	VP OF LEGISLATION	10.00	Officer	$0	$0	$0
KENNY LYONS	VP OF MARKETING	10.00	Officer	$0	$0	$0
MARK FRYMOYER	VP OF YOUTH GRAND PRIX	10.00	Officer	$0	$0	$0
JOHN WOODFORD	VP OF TOURNAMENTS	10.00	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	$93,691	$91,068	$549,426	$2,623
2024	$125,315	$121,950	$542,301	$3,365
2023	$122,228	$127,991	$540,353	$-5,763
2022	$146,420	$102,298	$474,515	$44,122
2021	$105,082	$75,487	$427,794	$29,595
2020	$91,573	$64,759	$450,021	$26,814
2019	$95,997	$113,714	$419,092	$-17,717