INTERNATIONAL BOWLING PRO SHOP & I… - Form 990 Financial Data

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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

1993

Legal Domicile

Principal Officer

FRANK DESOCIO

Phone

8176495105

Tax Period

2022-01-01 to 2022-12-31

INTERNATIONAL BOWLING PRO SHOP & INSTRUCTORS ASSOCIATION INC, founded in 1993, is a small nonprofit that reported $210K in total revenue in fiscal year 2022. Revenue surged 68% from the prior year, signaling strong growth momentum.

Mission

THE EDUCATION AND PUBLIC AWARENESS OF THE NEW IMPROVEMENTS, CHANGES, AND RULES OF THE BOWLING INDUSTRY.

Program Service Accomplishments

Program 1

PUBLISHED PERIODICALS AND HELD EDUCATIONAL CONFERENCES REGARDING THE NEW IMPROVEMENTS, CHANGES, AND RULES OF THE BOWLING INDUSTRY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,300

Program Service Revenue $197,790

Investment Income $2,150

Other Revenue $96

TOTAL REVENUE $210,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,256

Fundraising Expenses $0

Other Expenses $223,974

TOTAL EXPENSES $229,230

Year-over-Year Comparison

	2022	2021	Change
Revenue	$210,336	$125,040	+0.7%
Expenses	$229,230	$166,695	+0.4%
Net Income	$-18,894	$-41,655	-0.5%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER SOMOFF	PRESIDENT AS OF JULY	1.00	Officer Director	$0	$0	$0
DWYANE DAMOUDE	PRESIDENT THROUGH JULY	1.00	Officer Director	$0	$0	$0
DAVID BOLT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CRAIG SPENCER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
TOM WICKER	DIRECTOR	1.00	Director	$0	$0	$0
BRAD HAGEN	DIRECTOR	1.00	Director	$0	$0	$0
JIM O'REILLY	DIRECTOR	1.00	Director	$0	$0	$0
JASON GUEST	DIRECTOR	1.00	Director	$0	$0	$0
RON HICKLAND JR	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK GARDNER	DIRECTOR	1.00	Director	$0	$0	$0
ALEX HANDBACK	DIRECTOR	1.00	Director	$0	$0	$0
GREG KNIERIM	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS FUNK	DIRECTOR	1.00	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
2022	$210,336	$229,230	$75,019	$-18,894

INTERNATIONAL BOWLING PRO SHOP & INSTRUCTORS ASSOCIATION INC