IOWA HEART VOLLEYBALL ASSOCIATION

EIN: 421479772 501(c)(3)

GILBERT, IA

Total Revenue
$304,564
Total Expenses
$307,947
Total Assets
$28,836
Net Assets
$28,836
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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
1992
Legal Domicile
IA
Principal Officer
AL CRAVEN
Phone
5152905997
Tax Period
2023-09-01 to 2024-08-31

IOWA HEART VOLLEYBALL ASSOCIATION, founded in 1992, is a small nonprofit that reported $305K in total revenue in fiscal year 2023.

Mission

PROVIDE YOUTH OPPORTUNITIES TO LEARN COOPERATIVE TEAMWORK IN A HEALTHY AND COMPETITIVE ATMOSPHERE, ENCOURAGING SCHOLARSHIP, ATHLETICISM, SPORTSMANSHIP AND DEVELOPING COACHING AND PLAYER SKILLS ON AN INDIVIDUAL AND TEAM LEVEL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $304,412
Investment Income $152
Other Revenue $0
TOTAL REVENUE $304,564

Expense Breakdown

Grants Paid $0
Salaries & Benefits $133,318
Fundraising Expenses $0
Program Expenses $307,947
Other Expenses $174,629
TOTAL EXPENSES $307,947

Year-over-Year Comparison

2023 2022 Change
Revenue $304,564 $311,001 0.0%
Expenses $307,947 $307,563 +0.0%
Net Income $-3,383 $3,438 -2.0%
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
3
Independent Members
3
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
3
$29,419
Total Directors
3
$29,419
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN CRAVEN DIRECTOR OF OPERATIONS 5.00
Officer Director
$17,369 $0 $17,369
SHANNON ZINNEL DIRECTOR OF COACHING 5.00
Officer Director
$12,050 $0 $12,050
BRENDA GESSNER TREASURER 5.00
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 No data No data No data No data
2024 $304,564 $307,947 $28,836 $-3,383
2023 $311,001 $307,563 $32,219 $3,438
2022 $219,914 $253,297 $28,781 $-33,383
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