MINNEAPOLIS CITY SC

EIN: 811123049 501(c)(3) Recreation & Sports

Minneapolis, MN

Total Revenue
$224,420
Total Expenses
$209,569
Total Assets
$-14,586
Net Assets
$-14,586
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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
2016
Legal Domicile
MN
Principal Officer
Dan Hoedeman
Phone
6128681217
Tax Period
2023-01-01 to 2023-12-31

MINNEAPOLIS CITY SC, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $224K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $210K left a modest 7% surplus.

Mission

We help local youths improve their lives and their communities through soccer.

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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 $66,137
Program Service Revenue $132,298
Investment Income $0
Other Revenue $25,985
TOTAL REVENUE $224,420

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,313
Fundraising Expenses $0
Program Expenses $209,569
Other Expenses $207,256
TOTAL EXPENSES $209,569

Year-over-Year Comparison

2023 2022 Change
Revenue $224,420 $188,633 +0.2%
Expenses $209,569 $262,096 -0.2%
Net Income $14,851 $-73,463 -1.2%
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
18

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
$2,313
Total Directors
3
$2,313
Key Employees
2
$2,313
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adam Pribyl Sporting Director 15
Officer Director Key Emp
$2,313 $0 $2,313
Dan Hoedeman Chairman 15
Officer Director Key Emp
$0 $0 $0
John Hoedeman General Counsel 3
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
2023 $224,420 $209,569 $-14,586 $14,851
2022 $188,633 $262,096 $-29,437 $-73,463
2021 $219,070 $213,862 $44,026 $5,208
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