LET'S SKATE

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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

2017

Legal Domicile

Principal Officer

ANDY HOWES

Phone

6053104880

Tax Period

2025-01-01 to 2025-12-31

LET'S SKATE, founded in 2017, is a micro nonprofit in the Recreation & Sports sector that reported $27K in total revenue in fiscal year 2025. Revenue fell 93% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 45% operating margin.

Mission

OUR MISSION IS TO BUILD COMMUNITY THROUGH SKATEBOARDING.

Program Service Accomplishments

Program 1

Expenses: $7,301

SKATEDECK ART SHOW - ANNUAL ART SHOW TO BENEFIT LET'S SKATE. IN 2025, THE WEEKEND LONG SHOW HAD PARTICIPANTS OF ALL ARTISTRY AND SKILL LEVEL CREATING AN ORIGINAL PIECE OF ARTWORK WITH A SKATE DECK...

SKATEDECK ART SHOW - ANNUAL ART SHOW TO BENEFIT LET'S SKATE. IN 2025, THE WEEKEND LONG SHOW HAD PARTICIPANTS OF ALL ARTISTRY AND SKILL LEVEL CREATING AN ORIGINAL PIECE OF ARTWORK WITH A SKATE DECK. THE EVENT SERVED AS A CONTINUED OPPORTUNITY TO SHARE THE ART AND CULTURE OF SKATEBOARDING. LET'S SKATE PROGRESS AND FUTURE OPPORTUNIITES TO DEVELOP PROGRAMMING WITHIN THE LET'S SKATE ORGANIZATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $27,317

Program Service Revenue $0

Investment Income $115

Other Revenue $0

TOTAL REVENUE $27,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,301

Other Expenses $14,965

TOTAL EXPENSES $14,965

Year-over-Year Comparison

	2025	2024	Change
Revenue	$27,432	$415,919	-0.9%
Expenses	$14,965	$1,796,922	-1.0%
Net Income	$12,467	$-1,381,003	-1.0%

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

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
ANDY HOWES	PRESIDENT	2.00	Officer Director	$0	$0	$0
WES EISENHAUER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ALLISON DVORAK	TREASURER	1.00	Officer Director	$0	$0	$0
BEAU VONDRA	SECRETARY	1.00	Officer Director	$0	$0	$0
LES COTTON	DIRECTOR	0.50	Director	$0	$0	$0
ANGELICA MERCADO-FORD	DIRECTOR	0.50	Director	$0	$0	$0
BRANDON ANDEREGG	DIRECTOR	0.50	Director	$0	$0	$0
COREY VILHAUER	DIRECTOR	0.50	Director	$0	$0	$0
LAURA LUTZ	DIRECTOR	0.50	Director	$0	$0	$0
XAVIER PASTRANO	DIRECTOR	0.50	Director	$0	$0	$0
ERIKA IVERSON	DIRECTOR	0.50	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	$27,432	$14,965	$40,450	$12,467
2024	$415,919	$1,796,922	$57,612	$-1,381,003
2023	$445,295	$136,591	$1,405,709	$308,704
2022	$851,862	$209,450	$1,107,798	$642,412
2021	$498,986	$39,749	$460,488	$459,237