Irondale Basketball Association Inc
Nonprofit profile at a glance
- EIN
- 411437155
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2008
- Location
- New Brighton, MN, USA
- Phone
- 6512700831
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $115,933
- Expenses
- $124,840
- Assets
- $33,062
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- GRETCHEN WILMET (PRESIDENT)
People named in this filing
- GRETCHEN WILMET (PRESIDENT)
- ALINA CRAMBLE (CO-TREASURER THROUGH APRIL)
- LUKE RETTIG (CO-TREASURER BEGINNING MAY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide an opportunity for children to play the game of basketball (with emphasis on sportsmanship and teamwork) and to provide a favorable atmosphere to fully develop each individual who participates.
What it reported doing in 2024
A. The irondale basketball association provided approximately 290 boys and girls (1st - 8th grade) with the opportunity to play youth basketball in our various programs: little knights (1st and 2nd grade), instructional (3rd - 8th grade), and competitive (4th - 8th grade). During the 2024-2025 fiscal year, the organization updated equipment which included new uniforms for the little knights and instructional programs as well as some replacement uniforms needed for the competitive program. Scorebooks, first aid kits and ice packs were also purchased for the competitive teams. Finally, there was some additional equipment purchased to support the annual competitive tournament that is run by the organization.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.8%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7.7%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 2.2% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: -2.2% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $118K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Growth: Asset growth scored 0/100.