Sno King Youth Club

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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

1978

Legal Domicile

Principal Officer

Steve Alseth

Phone

4257752633

Tax Period

2024-08-01 to 2025-07-31

Sno King Youth Club, founded in 1978, is a small nonprofit that reported $958K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

Youth sports

Program Service Accomplishments

Program 1

Expenses: $434,461 Revenue: $291,978

Basketball - The club provides boys and girls (ages 3-14) the opportunity to play basketball on organized teams and attend basketball clinics. (1,832 children participated)

Program 2

Expenses: $347,397 Revenue: $439,103

Soccer - The club provides boys and girls (ages 3-18) the opportunity to play soccer on organized teams and attend soccer clinics. (2,632 children participated)

Program 3

Expenses: $54,869 Revenue: $119,935

Flag Football - The club provides boys and girls (ages 6-14) the opportunity to play flag football on organized teams and attend clinics. (710 children participated)

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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 (2024)

Revenue Breakdown

Contributions & Grants $62,796

Program Service Revenue $880,556

Investment Income $14,879

Other Revenue $0

TOTAL REVENUE $958,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $309,763

Fundraising Expenses $0

Program Expenses $853,840

Other Expenses $649,938

TOTAL EXPENSES $959,701

Year-over-Year Comparison

	2024	2023	Change
Revenue	$958,231	$882,459	+0.1%
Expenses	$959,701	$895,193	+0.1%
Net Income	$-1,470	$-12,734	-0.9%

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

Volunteers

300

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
Chris McGinness	Treasurer	5.00	Officer Director	$0	$0	$0
Steve Alseth	President	5.00	Officer Director	$0	$0	$0
Bill Kessler	Vice President	1.00	Officer Director	$0	$0	$0
David Ayers	Secretary	1.00	Officer Director	$0	$0	$0
Mitch Brewe	Director	1.00	Director	$0	$0	$0
Laura Myers	Director	1.00	Director	$0	$0	$0
Catherine Taylor	Director	1.00	Director	$0	$0	$0
Clint Lambert	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
2025	$958,231	$959,701	$567,536	$-1,470
2024	$882,459	$895,193	$558,515	$-12,734
2023	$818,412	$717,044	$558,175	$101,368
2022	$788,319	$648,276	$523,467	$140,043
2021	$465,065	$405,800	$381,369	$59,265
2020	$520,605	$553,219	$159,389	$-32,614
2019	$664,192	$605,112	$270,733	$59,080
2018	$588,716	$580,948	$191,973	$7,768