Charity Search / ANOKA AREA ICE ARENA ASSOCIATION INC
Recreation & Sports (N68Z) 990 on File

ANOKA AREA ICE ARENA ASSOCIATION INC

EIN: 41-1402146 · ANOKA, MN 55303-4839 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$751K
Total Revenue
$1.0M
Total Expenses
$2.3M
Net Assets
65
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 86.5%
Fundraising Efficiency N/A
Operating Reserve 26.67x
Liability-to-Asset 58.3%
Revenue Diversification 84.2%
Executive Compensation $202K
Compared with Peers
FY 2025
Compared with 967 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
86.5% 87.8%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
13.6% 9.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
26.7 mo 7.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
58.3% 11.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
84.2% 90.6%
P10P90
Above median
Surplus margin
Surplus as a share of revenue
-36.3% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $751K $1.0M $2.3M 86.5% 65
2023 $554K $965K $1.9M 93.9% 66
2022 $649K $817K $2.1M 92.4% 56
2021 $610K $575K N/A 64
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Organization Details
EIN
41-1402146
State
MN
City
ANOKA
ZIP
55303-4839
Classification
N68Z
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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