TRAVERSE CITY CURLING CLUB INC

EIN: 471198276 501(c)(3) Recreation & Sports

TRAVERSE CITY, MI

Total Revenue
$255,366
Total Expenses
$559,909
Total Assets
$6,708,178
Net Assets
$1,702,798
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MI
Principal Officer
LESLEY SLY
Phone
2314127748
Tax Period
2024-07-01 to 2025-06-30

TRAVERSE CITY CURLING CLUB INC, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $255K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $560K exceeded revenue, resulting in a 119% operating deficit.

Mission

THE MISSION OF THE TRAVERSE CITY CURLING CLUB IS TO PROMOTE LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL COMPETITION IN THE SPORT OF CURLING AND TO OWN AND/OR PROVIDE GROUNDS, BUILDINGS, EQUIPMENT, AND FACILITIES FOR THIS USE, AND TO EDUCATE THE COMMUNITY ABOUT THE SPORT OF CURLING. BUILDING A STRONG COMMUNITY THROUGH THE SPORT OF CURLING.

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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 $83,937
Program Service Revenue $121,208
Investment Income $198,203
Other Revenue $-147,982
TOTAL REVENUE $255,366

Expense Breakdown

Grants Paid $0
Salaries & Benefits $117,312
Fundraising Expenses $0
Program Expenses $360,504
Other Expenses $442,597
TOTAL EXPENSES $559,909

Year-over-Year Comparison

2024 2023 Change
Revenue $255,366 $596,167 -0.6%
Expenses $559,909 $813,367 -0.3%
Net Income $-304,543 $-217,200 +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
9
Independent Members
9
Employees
1
Volunteers
88

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
$93,300
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT ALMQUIST PRESIDENT 2.00
Officer Director
$0 $0 $0
KEVIN QUERY VICE PRESIDENT 5.50
Officer Director
$0 $0 $0
TYLER BAER TREASURER 5.50
Officer Director
$0 $0 $0
DANIEL LADD SECRETARY 2.00
Officer Director
$0 $0 $0
JILL REICKE BOARD MEMBER 5.50
Director
$0 $0 $0
JOANN HANNAFI BOARD MEMBER 4.00
Director
$0 $0 $0
OTTO JENSEN BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS MINKIN BOARD MEMBER 5.00
Director
$0 $0 $0
RUDY FOX BOARD MEMBER 10.00
Director
$0 $0 $0
KATHARINE STERKEN EXECUTIVE DIRECTOR 45.00
Officer
$93,300 $0 $93,300
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 $255,366 $559,909 $6,708,178 $-304,543
2024 No data No data No data No data
2023 $2,448,231 $881,985 $7,826,641 $1,566,246
2023 $2,545,423 $841,808 $6,945,010 $1,703,615
2022 $368,462 $267,382 $4,365,906 $101,080
2021 $213,193 $53,348 $657,194 $159,845
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