IOWA UNITED BASKETBALL (EIN 933389190) - Form 990 Financial Analysis & Trantor Score

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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

2023

Legal Domicile

Principal Officer

MARK SCHARNBERG

Phone

5153697902

Tax Period

2024-09-01 to 2025-08-31

IOWA UNITED BASKETBALL, founded in 2023, is a micro nonprofit that reported $78K in total revenue in fiscal year 2024. Revenue fell 102% from the prior year — a significant decline worth monitoring.

Mission

PROVIDING OPPORTUNITIES FOR YOUTH TO LEARN, GROW AND EXCEL IN A POSTIVE ENVIRONMENT, EMPHASIZING TEAMWORK, INTERGRITY AND PERSON ACCOUNTABILITY.

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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 $559,000

Program Service Revenue $0

Investment Income $-637,038

Other Revenue $0

TOTAL REVENUE $-78,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $671,949

Other Expenses $674,383

TOTAL EXPENSES $674,383

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-78,038	$3,800,500	-1.0%
Expenses	$674,383	$920,248	-0.3%
Net Income	$-752,421	$2,880,252	-1.3%

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

$192,865

Total Directors

$192,865

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK SCHARNBERG	DIRECTOR/PRES/SEC/TREAS	1.00	Officer Director	$0	$0	$0
CONNOR LUGINBILL	DIRECTOR/VICE PRES	1.00	Officer Director	$45,000	$0	$45,000
JANA SCHARNBERG	DIRECTOR/VICE PRES	1.00	Officer Director	$0	$0	$0
KIRK KOOKEN	DIRECTOR/VICE PRES	1.00	Officer Director	$0	$0	$0
SHANE HENNEN	DIRECTOR/VICE PRES	1.00	Officer Director	$107,865	$0	$107,865
ADAM EMMENECKER	DIRECTOR/VICE PRES	1.00	Officer Director	$40,000	$0	$40,000

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	$-78,038	$674,383	No data	$-752,421
2024	$3,800,500	$920,248	$2,880,252	$2,880,252

IOWA UNITED BASKETBALL