Civic Intelligence

Valley Athletic Association

990 • Fiscal year 2015 • EIN 23-7009995

Jan 01, 2015 to Dec 31, 2015 • Filed on May 06, 2016

PO Box 240462Apple Valley, MN 55124

(952) 432-5618

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

31st percentile

-3.2%

Higher net margin than 31% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

21st percentile

-7.0%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

50th percentile

3.1%

Faster revenue growth than 50% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$349,572

Down $26,274 (-7.0%) from 2014

Net Assets

Down

$349,140

Down $26,361 (-7.0%) from 2014

Liabilities

Up

$432

Up $87 (+25%) from 2014

Revenue

Up

$815,203

Up $24,767 (+3.1%) from 2014

Expenses

Up

$841,564

Up $23,893 (+2.9%) from 2014

Net Income

Up

-$26,361

Up $874 (+3.2%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2014: $375,846Liabilities 2014: $345Net Assets 2014: $375,5012014Assets 2015: $349,572Liabilities 2015: $432Net Assets 2015: $349,1402015Assets 2016: $402,180Liabilities 2016: $632Net Assets 2016: $401,5482016Assets 2017: $242,477Liabilities 2017: $550Net Assets 2017: $241,9272017Assets 2018: $290,217Liabilities 2018: $553Net Assets 2018: $289,6642018Assets 2019: $318,318Liabilities 2019: $546Net Assets 2019: $317,7722019Assets 2020: $286,305Liabilities 2020: $3,490Net Assets 2020: $282,8152020Assets 2021: $475,409Liabilities 2021: $3,523Net Assets 2021: $471,8862021Assets 2022: $524,755Liabilities 2022: $83Net Assets 2022: $524,6722022Assets 2023: $612,292Liabilities 2023: $182Net Assets 2023: $612,1102023Assets 2024: $628,546Liabilities 2024: $19,653Net Assets 2024: $608,8932024

Highlighted filing

2015

Assets$349,572
Liabilities$432
Net Assets$349,140

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $790,436Expenses 2014: $817,671Net Income 2014: -$27,2352014Revenue 2015: $815,203Expenses 2015: $841,564Net Income 2015: -$26,3612015Revenue 2016: $883,267Expenses 2016: $830,859Net Income 2016: $52,4082016Revenue 2017: $592,569Expenses 2017: $752,190Net Income 2017: -$159,6212017Revenue 2018: $466,862Expenses 2018: $419,125Net Income 2018: $47,7372018Revenue 2019: $469,018Expenses 2019: $440,910Net Income 2019: $28,1082019Revenue 2020: $237,174Expenses 2020: $272,131Net Income 2020: -$34,9572020Revenue 2021: $610,697Expenses 2021: $421,626Net Income 2021: $189,0712021Revenue 2022: $593,130Expenses 2022: $543,386Net Income 2022: $49,7442022Revenue 2023: $727,498Expenses 2023: $640,003Net Income 2023: $87,4952023Revenue 2024: $729,723Expenses 2024: $732,939Net Income 2024: -$3,2162024

Highlighted filing

2015

Revenue$815,203
Expenses$841,564
Net Income-$26,361
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 6, 2016
Return Version
2015v2.1
Gross Receipts
$834,433
Mission and Program Overview

Mission

Providing athletic opportunities to children

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$375,501$349,140▼ $26,361
Savings and Temporary Cash Investments$178,614$149,446▼ $29,168
Cash and Non-Interest-Bearing Accounts$103,103$105,997▲ $2,894
Land, Buildings, and Equipment, Net$94,129$94,129→ $0
Total Assets$375,846$349,572▼ $26,274
Liabilities
Accounts Payable and Accrued Expenses$345$432▲ $87
Total Liabilities$345$432▲ $87
Net Assets / Fund Balance
Total Net Assets Fund Balance$375,501$349,140▼ $26,361
Total Liabilities and Net Assets / Fund Balance$375,846$349,572▼ $26,274

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$94,129--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter BlattnerPresident
Michael JacobsonVice President
Brian CarverDirector
Brian SchlichtingDirector
Carissa OzangerDirector
Dave LaddDirector
Elijah HannahDirector
Jeff FreemanDirector
Jon HeerenDirector
Serg GoldmanDirector
Steve NickelsonDirector
Zack GibsonDirector
Jason HillSecretary
Sessi KomlanviTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,359
Program Service Revenue
$779,815
Investment Income
$794
Other Revenue
$29,235
All Other Contributions
$5,359
Change in Net Assets
$-26,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$829,356
Salaries, Compensation, and Employee Benefits$12,208
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$236,908$64,780-$301,688
Other Expenses$129,852--$129,852
Insurance-$21,897-$21,897
Other Salaries and Wages-$11,322-$11,322
Fees for Services Accounting-$5,350-$5,350
Advertising-$1,119-$1,119
Payroll Taxes-$886-$886
Travel-$187-$187
Total Functional Expenses$736,023$105,541$0$841,564
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,465
Fundraising Direct Expenses$19,230
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$48,465$48,465$19,230$29,235
Total Events$48,465$48,465$19,230$29,235
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

No documentation was maintained.

Committee meeting documentation Part VI line 8B

No documentation was maintained.

Form 990 governing body review Part VI line 11

No review was or will be conducted.

Governing documents etc available to public Part VI line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Valley Athletic Association
EIN
23-7009995
Address
PO BOX 240462, APPLE VALLEY, MN 55124

Signing Officer

Name
Peter Blattner
Title
Director
Phone
9524323140
Signed
2016-05-06
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
500

Preparer

Firm
Valley Acctg & Tax
Address
14800 GALAXIE AVE SUITE 105, APPLE VALLEY, MN 55124
Preparer
Lance Larsen
Phone
9524323140
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

A b c d total program services mgmt & genl concessions supplies 9181 9181dues & memberships 1450 1450employment screening 1123 1123field/gym expenses 158332 158332league fees 53023 53023meeting expenses 790 790miscellaneous 15122 15122office expense 2962 2962postage & shipping 507 507 printing & publications 2187 2187registration expense 8611 8611repair & maintenance 15712 15712subcontractors 4296 4296professional services 5346 5346telephone 1200 1200trophies 16372 16372utilities 2294 2294website expense 3180 3180total 301688 236908 64780

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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0375501
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0349140
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0178614
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0149446
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05359
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05914
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt016633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01669
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013888
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt043463
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0794
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0826
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01003
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01253
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01400
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05276
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0809050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0783716
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0770623
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0761555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0716466
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03841410
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0794
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0826
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01003
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01253
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01400
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05276
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99860
IRS990ScheduleA/PublicSupportPY509Pct00.99820
IRS990ScheduleA/PublicSupportTotal509Amt03884873
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0814409
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0789630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0787256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0763224
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0730354
IRS990ScheduleA/Total509Grp/TotalAmt03884873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0815203
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0790456
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0788259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0764477
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0731754
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03890149
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt094129
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt094129
IRS990ScheduleD/TotalBookValueLandBuildingsAmt094129
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019230
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt048465
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt048465
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt048465
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt048465
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt029235
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019230
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019230
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO DOCUMENTATION WAS MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTATION WAS MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A B C D TOTAL PROGRAM SERVICES MGMT & GENL CONCESSIONS SUPPLIES 9181 9181DUES & MEMBERSHIPS 1450 1450EMPLOYMENT SCREENING 1123 1123FIELD/GYM EXPENSES 158332 158332LEAGUE FEES 53023 53023MEETING EXPENSES 790 790MISCELLANEOUS 15122 15122OFFICE EXPENSE 2962 2962POSTAGE & SHIPPING 507 507 PRINTING & PUBLICATIONS 2187 2187REGISTRATION EXPENSE 8611 8611REPAIR & MAINTENANCE 15712 15712SUBCONTRACTORS 4296 4296PROFESSIONAL SERVICES 5346 5346TELEPHONE 1200 1200TROPHIES 16372 16372UTILITIES 2294 2294WEBSITE EXPENSE 3180 3180TOTAL 301688 236908 64780
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0375846
IRS990/TotalAssetsEOYAmt0349572
IRS990/TotalAssetsGrp/BOYAmt0375846
IRS990/TotalAssetsGrp/EOYAmt0349572
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05359
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105541
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0736023
IRS990/TotalFunctionalExpensesGrp/TotalAmt0841564
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0345
IRS990/TotalLiabilitiesEOYAmt0432
IRS990/TotalLiabilitiesGrp/BOYAmt0345
IRS990/TotalLiabilitiesGrp/EOYAmt0432
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0375501
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0349140
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0736023
IRS990/TotalProgramServiceRevenueAmt0779815
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt029235
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0780609
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0815203
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0375846
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0349572
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0187
IRS990/TravelGrp/TotalAmt0187
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0HTTP://WWW.VAASPORTS.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER BLATTNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09524323140
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY ATHLETIC ASSOCIATION

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