IOWA CITY AREA SPORTS COMMISSION (EIN 852055031) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

JOSH SCHAMBERGER

Phone

3193376592

Tax Period

2024-07-01 to 2025-06-30

IOWA CITY AREA SPORTS COMMISSION, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $604K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $670K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE COMMISSION IS ORGANIZED FOR THE PURPOSE OF FOSTERING NATIONAL OR INTERNATIONAL SPORTS COMPETITION IN THE GREATER IOWA CITY, IOWA METROPOLITAN AREA; TO SUPPORT & DEVELOP AMATEUR FOR NATIONAL & INTERNATIONAL SPORTS COMPETITION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $129,851

Program Service Revenue $473,979

Investment Income $0

Other Revenue $0

TOTAL REVENUE $603,830

Expense Breakdown

Grants Paid $71,713

Salaries & Benefits $182,315

Fundraising Expenses $0

Program Expenses $670,039

Other Expenses $416,011

TOTAL EXPENSES $670,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$603,830	$672,564	-0.1%
Expenses	$670,039	$660,304	+0.0%
Net Income	$-66,209	$12,260	-6.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$296,235

Total Directors

$296,235

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT HENDERSON	DIRECTOR	0.25	Director	$0	$0	$0
JULI SEYDELL JOHNSON	PAST CHAIR	0.50	Director	$0	$0	$0
EMILY DOWNES	CHAIR	0.50	Officer Director	$0	$0	$0
RICK KLATT	VICE CHAIR	0.50	Officer Director	$0	$0	$0
DALE ARENS	DIRECTOR	0.25	Director	$0	$0	$0
SHELLY SIMPSON	DIRECTOR	0.25	Director	$0	$0	$0
NICK BURRELL	TREASURER	0.50	Officer Director	$0	$0	$0
LIZ HUBING	SECRETARY	0.50	Officer Director	$0	$0	$0
MITCH GROSS	DIRECTOR	0.25	Director	$0	$0	$0
NATHAN EICHORST	DIRECTOR	0.25	Director	$0	$0	$0
JOSH SCHAMBERGER	DESIGNATED DIRECTOR	0.25	Officer Director	$0	$2,500	$182,102
NICK KAEDING	DESIGNATED DIRECTOR	0.25	Officer Director	$0	$0	$114,133
SHERRI PROUD	DIRECTOR	0.25	Director	$0	$0	$0
PAUL PARK	DIRECTOR	0.25	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	$603,830	$670,039	$206,392	$-66,209
2024	$672,564	$660,304	$272,601	$12,260
2023	$1,370,700	$1,209,144	$260,341	$161,556
2022	$354,062	$223,423	$236,159	$130,639

IOWA CITY AREA SPORTS COMMISSION