ANKENY ATHLETIC ASSOCIATION D/B/A ANKENY ATHLETIC BOOSTER CLUB

EIN: 421306970 501(c)(3)

ANKENY, IA

Total Revenue
$224,578
Total Expenses
$238,123
Total Assets
$51,501
Net Assets
$51,101
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
IA
Principal Officer
JAMES WOERDEMAN
Phone
5159634335
Tax Period
2024-09-01 to 2025-08-31

ANKENY ATHLETIC ASSOCIATION D/B/A ANKENY ATHLETIC BOOSTER CLUB, founded in 1978, is a small nonprofit that reported $225K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO SUPPORT, ENCOURAGE, AND ADVANCE THE ANKENY COMMUNITY SCHOOL DISTRICT'S HIGH SCHOOL ATHLETIC AND ACTIVITY PROGRAMS IN AN ATMOSPHERE THAT IS CONSISTENT WITH THE EDUCATIONAL PHILOSOPHY OF THE SCHOOL DISTRICT. THIS IS DONE THROUGH PROMOTING POSITIVE SCHOOL SPIRIT AND SPORTSMANSHIP, PROMOTING PROJECTS TO IMPROVE FACILITIES AND EQUIPMENT NECESSARY TO ENHANCE THE ATHLETIC AND ACTIVITY PROGRAMS, AND CONDUCTING ACTIVITIES IN ACCORDANCE WITH POLICIES GOVERNING THE PUBLIC SCHOOL AND THEIR EXTRA-CURRICULAR ACTIVITIES.

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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 $100,506
Program Service Revenue $0
Investment Income $24
Other Revenue $124,048
TOTAL REVENUE $224,578

Expense Breakdown

Grants Paid $230,864
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $234,318
Other Expenses $7,259
TOTAL EXPENSES $238,123

Year-over-Year Comparison

2024 2023 Change
Revenue $224,578 $201,240 +0.1%
Expenses $238,123 $213,145 +0.1%
Net Income $-13,545 $-11,905 +0.1%
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
4
Independent Members
4
Employees
N/A
Volunteers
50

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE ZIMMERMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
JULIE LANGE-GLEDHILL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JAMES WOERDEMAN TREASURER 5.00
Officer Director
$0 $0 $0
JILL EVANS SECRETARY 1.00
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
2025 $224,578 $238,123 $51,501 $-13,545
2024 $201,240 $213,145 $73,013 $-11,905
2023 $259,075 $353,222 $76,821 $-94,147
2022 $610,959 $565,801 $170,698 $45,158
2021 $382,345 $337,580 $125,776 $44,765
2020 $181,084 $279,153 $81,754 $-98,069
2019 $461,356 $443,754 $179,627 $17,602
2018 $437,196 $407,566 $161,242 $29,630
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