Civic Intelligence

Loretto Community Athletic Association

990EZ • Fiscal year 2023 • EIN 41-1390592

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

PO Box 221Loretto, MN 55357

(763) 286-7132

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

20th percentile

-20%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

33rd percentile

-8.9%

Faster asset growth than 33% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

72%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$119,217

Down $11,637 (-8.9%) from 2022

Net Assets

$119,217

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$58,812

Up $24,605 (+72%) from 2022

Expenses

Up

$70,449

Up $25,497 (+57%) from 2022

Net Income

Down

-$11,637

Down $892 (-8.3%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $103,753Liabilities 2011: $02011Assets 2012: $100,990Liabilities 2012: $02012Assets 2013: $100,831Liabilities 2013: $02013Assets 2014: $113,614Liabilities 2014: $02014Assets 2015: $92,541Liabilities 2015: $02015Assets 2016: $96,543Liabilities 2016: $02016Assets 2017: $90,009Liabilities 2017: $02017Assets 2018: $169,148Liabilities 2018: $30,0002018Assets 2019: $166,158Liabilities 2019: $02019Assets 2020: $155,681Liabilities 2020: $0Net Assets 2020: $155,6812020Assets 2021: $141,599Liabilities 2021: $0Net Assets 2021: $141,5992021Assets 2022: $130,854Liabilities 2022: $02022Assets 2023: $119,217Liabilities 2023: $0Net Assets 2023: $119,2172023Assets 2024: $108,129Liabilities 2024: $0Net Assets 2024: $108,1292024

Highlighted filing

2023

Assets$119,217
Liabilities$0
Net Assets$119,217

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $27,713Expenses 2011: $33,354Net Income 2011: -$5,6412011Revenue 2012: $22,467Expenses 2012: $25,230Net Income 2012: -$2,7632012Revenue 2013: $15,286Expenses 2013: $15,445Net Income 2013: -$1592013Revenue 2014: $46,067Expenses 2014: $33,284Net Income 2014: $12,7832014Revenue 2015: $38,477Expenses 2015: $59,552Net Income 2015: -$21,0752015Revenue 2016: $50,056Expenses 2016: $46,054Net Income 2016: $4,0022016Revenue 2017: $29,221Expenses 2017: $35,755Net Income 2017: -$6,5342017Revenue 2018: $82,747Expenses 2018: $33,608Net Income 2018: $49,1392018Revenue 2019: $83,489Expenses 2019: $53,659Net Income 2019: $29,8302019Revenue 2020: $17,688Expenses 2020: $28,165Net Income 2020: -$10,4772020Revenue 2021: $22,350Expenses 2021: $36,432Net Income 2021: -$14,0822021Revenue 2022: $34,207Expenses 2022: $44,952Net Income 2022: -$10,7452022Revenue 2023: $58,812Expenses 2023: $70,449Net Income 2023: -$11,6372023Revenue 2024: $26,298Expenses 2024: $37,386Net Income 2024: -$11,0882024

Highlighted filing

2023

Revenue$58,812
Expenses$70,449
Net Income-$11,637
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$63,053
Mission and Program Overview

Mission

Support of various athletic teams including town team baseball & other youth athltic organizations. Sponsors of various torunaments for the groups and organizing the various teams. Maintaining the city owned athltic fields.

Program Services

DescriptionGrantsExpenses
MAINTAINING THE CITY OWNED SOFTBALL/BASEBALL COMPLEX.$0$60,158
ORGAINIZE AND MANAGE THE VARIOUS YOUTH SPORTS PROGRAMS. TO INCLUDE PROVIDING UNIFORMS, EQUIPMENT AND UMPIRES.$0$9,413
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM DOBOSZENSKIBoard-$0--
SHELLY KOCHVice President-$0--
HERB KOCHTreasurer-$0--
BEN SCANLONBoard-$0--
GLENN SCHNEIDERPresident-$0--
BRANDON SCANLONBoard-$0--
NATHAN MAHERBoard-$0--
TYLER MAHERBoard-$0--
WILL WADEBoard-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concessions/banner$27,253$27,253$4,241$23,012
Total Events$27,253$27,253$4,241$23,012
Filing and Contact Details

Filer

Filer Name
Loretto Community Athletic Association
EIN
41-1390592
Phone
7632867132
Address
PO BOX 221, LORETTO, MN 55357

Signing Officer

Name
Herb Koch
Title
Treasurer
Phone
7632867132
Signed
2024-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Johnson and Company Ltd
Address
3255 FERNBROOK LANE N, MINNEAPOLIS, MN 55447
Preparer
Bonita B Sinkel CPA
Phone
9525259500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: league dues. Amount: 1,688. Description: insurance & permits. Amount: 2,247. Description: umpires. Amount: 1,785. Description: supplies & uniforms. Amount: 2,721. Description: accounting. Amount: 650. Description: adversting. Amount: 200. Description: depreciation. Amount: 10,060. Total to form 990-ez, line 16: 19,351.

Raw XML Appendix228 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT OF VARIOUS ATHLETIC TEAMS INCLUDING TOWN TEAM BASEBALL & OTHER YOUTH ATHLTIC ORGANIZATIONS. SPONSORS OF VARIOUS TORUNAMENTS FOR THE GROUPS AND ORGANIZING THE VARIOUS TEAMS. MAINTAINING THE CITY OWNED ATHLTIC FIELDS.
IRS990EZ/ProgramServiceRevenueAmt018250
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ORGAINIZE AND MANAGE THE VARIOUS YOUTH SPORTS PROGRAMS. TO INCLUDE PROVIDING UNIFORMS, EQUIPMENT AND UMPIRES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt19413
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt070449
IRS990EZ/TotalProgramServiceExpensesAmt069571
IRS990EZ/TotalRevenueAmt058812
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IRS990EZ/WebsiteAddressTxt0WWW.LORETTOATHLETIC.COM
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IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: LEAGUE DUES. AMOUNT: 1,688. DESCRIPTION: INSURANCE & PERMITS. AMOUNT: 2,247. DESCRIPTION: UMPIRES. AMOUNT: 1,785. DESCRIPTION: SUPPLIES & UNIFORMS. AMOUNT: 2,721. DESCRIPTION: ACCOUNTING. AMOUNT: 650. DESCRIPTION: ADVERSTING. AMOUNT: 200. DESCRIPTION: DEPRECIATION. AMOUNT: 10,060. TOTAL TO FORM 990-EZ, LINE 16: 19,351.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HERB KOCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07632867132
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LORETTO COMMUNITY ATHLETIC ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LORE
ReturnHeader/Filer/EIN0411390592
ReturnHeader/Filer/PhoneNum07632867132
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 221
ReturnHeader/Filer/USAddress/CityNm0LORETTO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055357
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411437543
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON AND COMPANY LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03255 FERNBROOK LANE N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055447
ReturnHeader/PreparerPersonGrp/PhoneNum09525259500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BONITA B SINKEL CPA
ReturnHeader/ReturnTs02024-05-28T17:15:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HERB
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KOCH
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.26$0.37$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.59$0.70$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.00$0.34$0.45$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.22$0.36$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.00$1.56$0.18$0.28$0.10
2019Summary only. Only limited summary data is available for this year.$1.66$0.00$0.83$0.54$0.30
2018Summary only. Only limited summary data is available for this year.$1.69$0.30$0.83$0.34$0.49
2017Summary only. Only limited summary data is available for this year.$0.90$0.00$0.29$0.36$0.07
2016Summary only. Only limited summary data is available for this year.$0.97$0.00$0.50$0.46$0.04
2015Summary only. Only limited summary data is available for this year.$0.93$0.00$0.38$0.60$0.21
2014Summary only. Only limited summary data is available for this year.$1.14$0.00$0.46$0.33$0.13
2013Summary only. Only limited summary data is available for this year.$1.01$0.00$0.15$0.15$0.00
2012Summary only. Only limited summary data is available for this year.$1.01$0.00$0.22$0.25$0.03
2011Summary only. Only limited summary data is available for this year.$1.04$0.00$0.28$0.33$0.06