SPORTS FOUNDATION INC (EIN 132633866) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

AKINSHEYE DORSETT

Phone

7186659585

Tax Period

2024-01-01 to 2024-12-31

SPORTS FOUNDATION INC, founded in 1994, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

TO FOSTER, DEVELOP AND ENCOURAGE POSITIVE YOUTH DEVELOPMENT USING SPORTS AS A VEHICLE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,238,754

Program Service Revenue $0

Investment Income $0

Other Revenue $41,958

TOTAL REVENUE $1,280,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $880,844

Fundraising Expenses $0

Program Expenses $1,223,754

Other Expenses $471,191

TOTAL EXPENSES $1,352,035

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,280,712	$1,474,047	-0.1%
Expenses	$1,352,035	$1,261,061	+0.1%
Net Income	$-71,323	$212,986	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$100,505

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AKINSHEYE DORSETT	EXEC DIRECTOR	045.00	Key Emp	$100,505	$0	$100,505
AUREO CARDONA	CHAIR	005.00	Director	$0	$0	$0
WILLIAM AUSTIN	VICE CHAIR	005.00	Director	$0	$0	$0
EDUARDO LaGUERRE	SECRETARY	005.00	Director	$0	$0	$0
AUSTIN SMITH	TREASURER	005.00	Director	$0	$0	$0
DELMAS VERNON COLE	MEMBER	005.00	Director	$0	$0	$0
JAMES FUKUDA	MEMBER	005.00	Director	$0	$0	$0
MANNY RIVERA	MEMBER	005.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,280,712	$1,352,035	$1,971,272	$-71,323
2023	$1,474,047	$1,261,061	$2,062,994	$212,986
2022	$1,010,496	$1,105,068	$198,889	$-94,572
2021	$1,140,812	$989,388	$273,993	$151,424
2020	$943,613	$948,515	$141,265	$-4,902

SPORTS FOUNDATION INC