GRAND FORKS BLUE LINE CLUB INC

EIN: 450374475 501(c)(3) Youth Development

GRAND FORKS, ND

Total Revenue
$737,121
Total Expenses
$17,795
Total Assets
$4,827,311
Net Assets
$4,827,311
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
ND
Principal Officer
CHUCK JACOBI
Phone
7017469335
Tax Period
2024-10-01 to 2025-09-30

GRAND FORKS BLUE LINE CLUB INC, founded in 1984, is a small nonprofit in the Youth Development sector that reported $737K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $719K, a strong 98% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT FOR FACILITIES AND OPPORTUNITIES FOR YOUTH TO PARTICIPATE IN YOUTH HOCKEY AND SKATING ACTIVITIES. CHARITABLE DONATIONS BY GAMING AND FUNDRAISING ACTIVITIES PROVIDE SUPPORT FOR THESE OPPORTUNITIES. WE ALSO PLACE A SMALL EMPHASIS ON PROVIDING OPPORTUNITIES TO YOUTH BASEBALL AND SOFTBALL 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 $3,500
Program Service Revenue $0
Investment Income $107,287
Other Revenue $626,334
TOTAL REVENUE $737,121

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,060
Other Expenses $17,795
TOTAL EXPENSES $17,795

Year-over-Year Comparison

2024 2023 Change
Revenue $737,121 $1,258,558 -0.4%
Expenses $17,795 $7,820 +1.3%
Net Income $719,326 $1,250,738 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
36
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
5
$93,288
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONY BINA PRESIDENT 0.00
Officer Director
$0 $0 $0
CHUCK JACOBI TREASURER 0.00
Officer Director
$0 $0 $0
CAL HELGESON REPRESENTATIVE 0.00
Director
$0 $0 $0
TAREK HOWARD REPRESENTATIVE 0.00
Director
$0 $0 $0
LEN PHILPOT REPRESENTATIVE 0.00
Director
$0 $0 $0
MATT BYDAL REPRESENTATIVE 0.00
Director
$0 $0 $0
SCOTT BERGE SECRETARY 0.00
Officer Director
$0 $0 $0
TIM LITZINGER VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
JOSH GRUENBERG REPRESENTATIVE 0.00
Director
$0 $0 $0
WES COLBORN REPRESENTATIVE 0.00
Director
$0 $0 $0
TOM MONTGOMERY GAMING MANAGER 40.00
Officer
$67,200 $26,088 $93,288
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 $737,121 $17,795 $4,827,311 $719,326
2024 $1,258,558 $7,820 $4,092,383 $1,250,738
2023 $635,678 $9,447 $2,841,645 $626,231
2022 $901,909 $162,003 $2,215,414 $739,906
2021 $915,172 $233,373 $1,478,153 $681,799
2020 $588,574 $1,199,729 $873,408 $-611,155
2019 $512,095 $420,140 $1,407,992 $91,955
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