ASGARD FENCERS DBA THE FENCING CENTER

EIN: 942879267 501(c)(3) Recreation & Sports

SAN JOSE, CA

Total Revenue
$708,380
Total Expenses
$896,324
Total Assets
$374,472
Net Assets
$-76,951
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
CA
Principal Officer
DAVID JOHNSON
Phone
4082988230
Tax Period
2024-01-01 to 2024-12-31

ASGARD FENCERS DBA THE FENCING CENTER, founded in 1981, is a small nonprofit in the Recreation & Sports sector that reported $708K in total revenue in fiscal year 2024. Expenses of $896K exceeded revenue, resulting in a 27% operating deficit.

Mission

FOUNDED IN 1981, WE ARE A NON-PROFIT CLUB DEDICATED TO DEVELOPING THE ART AND SPORT OF FENCING AT THE LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL LEVELS. SINCE 1981 WE HAVE GROWN FROM A SMALL LOCATION TO ONE OF THE TEN LARGEST CLUBS IN NORTH AMERICA. WE ARE A THREE-WEAPONS CLUB; WITH EPEE, SABER, AND FOIL. IN ADDITION, WE PROVIDE CARDIO AND YOGA CLASSES FOR OUR STUDENTS, MEMBERS, AND PARENTS. OUR GOAL IS TO PROVIDE THE BEST (PLUSH), HEALTHIEST AND SAFEST FENCING EXPERIENCE TO OUR FENCERS.

Program Service Accomplishments

Program 1
Expenses: $715,551 Revenue: $662,107

OUR GOAL IS TO GROW WELL-ROUNDED STUDENTS. MASTERY IN FENCING IS AS MUCH ABOUT EMOTIONAL PROWESS AND RESILIENCE AS IT IS ABOUT TECHNIQUE AND PHYSICAL SKILL. WE ARE A THREE-WEAPONS CLUB, WITH EPEE...

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OUR GOAL IS TO GROW WELL-ROUNDED STUDENTS. MASTERY IN FENCING IS AS MUCH ABOUT EMOTIONAL PROWESS AND RESILIENCE AS IT IS ABOUT TECHNIQUE AND PHYSICAL SKILL. WE ARE A THREE-WEAPONS CLUB, WITH EPEE, SABER, AND FOIL. WE TEACH HOW TO HAVE FUN, WIN GRACIOUSLY, DEVELOP SPORTSMANSHIP, LIFE AND TEAM SKILLS, EMOTIONAL MASTERY, AND COMPETITIVE FENCING. IN THE HANDS OF A GOOD TEACHER, SPORTS CAN TEACH SOME OF THE MOST IMPORTANT SKILLS IN LIFE. OUR FACILITY IS ONE OF THE LARGEST WEST OF THE ROCKIES AND HAS STATE-OF-THE-ART FENCING STRIPS AND SCORING EQUIPMENT FOR ITS MEMBERS AND VISITING FENCERS. FACILITY EXPENSES AND SALARIES ARE THE LARGEST EXPENSES FUNDED BY OUR SERVICES. WE ALSO PROMOTE LEARN-TO-FENCE CLASSES AND SUBSIDIZE THE INITIAL COST FOR LOW-INCOME FAMILIES TO PARTICIPATE IN FENCING. THROUGH WAIVING CLASS FEES FOR FINANCIALLY IDENTIFIED CANDIDATES AND OUR COACHES VOLUNTEERING PRIVATE LESSONS, THE ORGANIZATION IS ABLE TO PROVIDE ITS SERVICES TO FAMILIES WHO WOULD NOT OTHERWISE BE ABLE TO ENJOY THE SPORT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $46,273
Program Service Revenue $662,107
Investment Income $0
Other Revenue $0
TOTAL REVENUE $708,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $428,101
Fundraising Expenses $0
Program Expenses $715,551
Other Expenses $468,223
TOTAL EXPENSES $896,324

Year-over-Year Comparison

2024 2023 Change
Revenue $708,380 $674,923 +0.0%
Expenses $896,324 $670,413 +0.3%
Net Income $-187,944 $4,510 -42.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
5
Volunteers
6

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
$89,559
Total Directors
6
$89,559
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHIL MANN PRESIDENT 1.50
Director
$0 $0 $0
MICHAEL C BOTENHAGEN TREASURER & COACH 20.00
Officer Director
$89,559 $0 $89,559
JAN ZOCCOLI DIRECTOR 1.50
Director
$0 $0 $0
CONNIE YU DIRECTOR & COACH 16.00
Director
$0 $0 $0
DAVID JOHNSON DIRECTOR 1.50
Officer Director
$0 $0 $0
SARAH KHYATT DIRECTOR 2.00
Director
$0 $0 $0
SHERROL SIMARD SECRETARY 1.50
Officer
$0 $0 $0
WALBERT MENDOZA COACH 20.00
Highest
$108,788 $0 $108,788
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
2024 $708,380 $896,324 $374,472 $-187,944
2023 $674,923 $670,413 $327,607 $4,510
2022 $557,681 $662,864 $316,136 $-105,183
2021 $727,497 $656,885 $211,606 $70,612
2020 $416,945 $421,688 $212,339 $-4,743
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