Civic Intelligence

Albert Lea Wrestling Booster Club

990 • Fiscal year 2013 • EIN 41-1756296

Jan 01, 2013 to Dec 31, 2013 • Filed on May 09, 2014

PO Box 4756016

(507) 383-4060

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

33rd percentile

-3.5%

Higher net margin than 33% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

78th percentile

$9,600

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

41st percentile

-2.2%

Faster asset growth than 41% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

37th percentile

-6.2%

Faster revenue growth than 37% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Down

$78,669

Down $1,758 (-2.2%) from 2012

Net Assets

Down

$78,173

Down $1,666 (-2.1%) from 2012

Liabilities

Down

$496

Down $92 (-16%) from 2012

Revenue

Down

$47,564

Down $3,130 (-6.2%) from 2012

Expenses

Up

$49,230

Up $16,593 (+51%) from 2012

Net Income

Down

-$1,666

Down $19,723 (-109%) from 2012

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $61,984Liabilities 2011: $202Net Assets 2011: $61,7822011Assets 2012: $80,427Liabilities 2012: $588Net Assets 2012: $79,8392012Assets 2013: $78,669Liabilities 2013: $496Net Assets 2013: $78,1732013Assets 2014: $65,590Liabilities 2014: $342Net Assets 2014: $65,2482014Assets 2015: $65,298Liabilities 2015: $607Net Assets 2015: $64,6912015Assets 2016: $77,395Liabilities 2016: $519Net Assets 2016: $76,8762016Assets 2017: $83,155Liabilities 2017: $1,250Net Assets 2017: $81,9052017Assets 2018: $127,067Liabilities 2018: $4,737Net Assets 2018: $122,3302018Assets 2019: $175,095Liabilities 2019: $0Net Assets 2019: $175,0952019Assets 2020: $150,380Liabilities 2020: $516Net Assets 2020: $149,8642020Assets 2021: $155,764Liabilities 2021: $430Net Assets 2021: $155,3342021Assets 2022: $183,488Liabilities 2022: $920Net Assets 2022: $182,5682022Assets 2023: $193,299Liabilities 2023: $920Net Assets 2023: $192,3792023Assets 2024: $260,136Liabilities 2024: $3,602Net Assets 2024: $256,5342024

Highlighted filing

2013

Assets$78,669
Liabilities$496
Net Assets$78,173

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $43,150Expenses 2011: $35,793Net Income 2011: $7,3572011Revenue 2012: $50,694Expenses 2012: $32,637Net Income 2012: $18,0572012Revenue 2013: $47,564Expenses 2013: $49,230Net Income 2013: -$1,6662013Revenue 2014: $40,922Expenses 2014: $53,847Net Income 2014: -$12,9252014Revenue 2015: $48,473Expenses 2015: $49,030Net Income 2015: -$5572015Revenue 2016: $44,582Expenses 2016: $32,397Net Income 2016: $12,1852016Revenue 2017: $43,454Expenses 2017: $38,425Net Income 2017: $5,0292017Revenue 2018: $95,988Expenses 2018: $55,563Net Income 2018: $40,4252018Revenue 2019: $111,224Expenses 2019: $58,459Net Income 2019: $52,7652019Revenue 2020: $42,211Expenses 2020: $67,442Net Income 2020: -$25,2312020Revenue 2021: $77,550Expenses 2021: $72,080Net Income 2021: $5,4702021Revenue 2022: $126,390Expenses 2022: $99,156Net Income 2022: $27,2342022Revenue 2023: $127,886Expenses 2023: $118,075Net Income 2023: $9,8112023Revenue 2024: $196,683Expenses 2024: $132,528Net Income 2024: $64,1552024

Highlighted filing

2013

Revenue$47,564
Expenses$49,230
Net Income-$1,666
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 9, 2014
Return Version
2013v3.1
Gross Receipts
$318,255
Mission and Program Overview

Mission

To provide wrestling experience for the area youth. To help defray the wrestling costs of equipment and coaching staff that are incurred by the school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$77,414$76,923▼ $491
Cash and Non-Interest-Bearing Accounts$3,013$1,746▼ $1,267
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$80,427$78,669▼ $1,758
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$588$496▼ $92
Total Liabilities$588$496▼ $92
Net Assets / Fund Balance
Unrestricted Net Assets$79,839$78,173▼ $1,666
Total Net Assets Fund Balance$79,839$78,173▼ $1,666
Total Liabilities and Net Assets / Fund Balance$80,427$78,669▼ $1,758
Compensation and Service Providers

Employees

NameTitleBaseTotal
Don GoodnatureGambling Manager$9,600$9,600

Board Members and Trustees

NameTitle
Brad NelsonPresident
Bruce MullenbachVice President
Don GoodnatureTrustee
Larry GoodnatureTrustee
Darwin NelsonCo-treasurer
Mary NelsonCo-treasurer
Ann GlazierSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$5,190
Program Service Revenue
$0
Investment Income
$410
Other Revenue
$41,964
All Other Contributions
$5,190
Change in Net Assets
$-1,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,583
Salaries, Compensation, and Employee Benefits$8,647
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,647--$8,647
Travel$5,637--$5,637
Other Expenses$3,531--$3,531
All Other Expenses$3,224$160-$3,384
Insurance-$1,683-$1,683
Advertising-$607-$607
Fees for Services Accounting-$550-$550
Office Expenses-$18-$18
Total Functional Expenses$46,212$3,018$0$49,230
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$279,435
Gaming Direct Expenses$260,616
Fundraising Gross Income$18,269
Fundraising Direct Expenses$7,457
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$15,444$15,444$5,491$9,953
Total Events$15,444$15,444$5,491$9,953
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The officers review a copy of the 990 before filing.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Discussed and approved by the board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The by-laws, tax forms, and financial statements are available for review upon request.

Filing and Contact Details

Filer

EIN
41-1756296
Phone
5073834060

Signing Officer

Name
Brad Nelson
Title
President
Signed
2014-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Nelson
Formed
1996
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Preparer
Andrew M Bernau
Phone
5073771333
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Purchase of wrestling mats, uniforms, singlets for the youth wrestling. OTHER PROGRAM SERVICES 5: Payments to help defray the cost of hotel and food for the wrestlers and coaches to attend tournaments. OTHER PROGRAM SERVICES 6: Registrations fees paid so the youth can attend tournaments and wrestling camps. OTHER PROGRAM SERVICES 7: Purchase of awards and trophies for the annual banquet and tournaments.

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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1666
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt077414
IRS990/SavingsAndTempCashInvstGrp/EOYAmt076923
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04804
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05889
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07245
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01068
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt024196
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0410
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0137
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0259
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0654
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01540
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt041964
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt045753
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt037181
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt023776
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt018505
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0167179
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0410
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0137
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0259
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0654
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01540
IRS990ScheduleA/InvestmentIncomeCYPct00.00800
IRS990ScheduleA/InvestmentIncomePYPct00.00870
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99200
IRS990ScheduleA/PublicSupportPY509Pct00.99130
IRS990ScheduleA/PublicSupportTotal509Amt0191375
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt047154
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt050557
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043070
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt031021
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt019573
IRS990ScheduleA/Total509Grp/TotalAmt0191375
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt047564
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt050694
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt043150
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt031280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt020227
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0192915
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/DistributedAmt020389
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05491
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015444
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015444
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015444
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015444
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09953
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05491
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05491
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0217503
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0217503
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0260616
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0279435
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0279435
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt018819
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt029325
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt029325
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt013788
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt013788
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerCompensationAmt09600
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0Don Goodnature
IRS990ScheduleG/GamingManagerServicesProvTxt0Mgmt of games, acctg & reports to MN
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0DON GOODNATURE
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine10PO BOX 142
IRS990ScheduleG/PersonsWithBooksUSAddress/City0CLARKS GROVE
IRS990ScheduleG/PersonsWithBooksUSAddress/State0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCode056016
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0Minnesota requires that at least 30% of gross profits from charitable gaming be distributed for lawful purpose expenditures. The lawful purpose expenditures include charitable contributions as well as all gambling taxes and license fees. The organization paid actual distribtuions of $27,678 on lawful purpose expenditures in 2013.
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt1$20389
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0STM01
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III, Line 17b - Distributions Required Under State Law
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Purchase of wrestling mats, uniforms, singlets for the youth wrestling. OTHER PROGRAM SERVICES 5: Payments to help defray the cost of hotel and food for the wrestlers and coaches to attend tournaments. OTHER PROGRAM SERVICES 6: Registrations fees paid so the youth can attend tournaments and wrestling camps. OTHER PROGRAM SERVICES 7: Purchase of awards and trophies for the annual banquet and tournaments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The officers review a copy of the 990 before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Discussed and approved by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The by-laws, tax forms, and financial statements are available for review upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.04$2.57$1.97$1.33$0.64
2023Detailed filing. Detailed filing data is available for this year.$1.93$0.01$1.92$1.28$1.18$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.83$0.01$1.83$1.26$0.99$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.55$0.78$0.72$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.50$0.01$1.50$0.42$0.67$0.25
2019Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$1.11$0.58$0.53
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.05$1.22$0.96$0.56$0.40
2017Detailed filing. Detailed filing data is available for this year.$0.83$0.01$0.82$0.43$0.38$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.01$0.77$0.45$0.32$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.01$0.65$0.48$0.49$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.65$0.41$0.54$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.78$0.48$0.49$0.02
2012Summary only. Only limited summary data is available for this year.$0.80$0.01$0.80$0.51$0.33$0.18
2011Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.43$0.36$0.07