FUTURE OWASSO RAMS YOUTH SPORTS INC

EIN: 134267827 501(c)(3) Youth Development

Owasso, OK

Total Revenue
$253,718
Total Expenses
$250,727
Total Assets
$77,349
Net Assets
$77,349
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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
2003
Legal Domicile
OK
Principal Officer
JIM FELTS
Phone
9188360448
Tax Period
2024-01-01 to 2024-12-31

FUTURE OWASSO RAMS YOUTH SPORTS INC, founded in 2003, is a small nonprofit in the Youth Development sector that reported $254K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

WE OFFER MULTIPLE INDIVIDUAL AND FAMILY SCHOLARSHIPS WITHIN OUR ORGANIZATION. WE ASSISST MULTIPLE NEEDY FAMILIES IN THE DISTRICT; SOME WITH FULL SCHOLARSHIPS AND OTHER WITH EITHER REGISTRATION FEES OR UNIFORM FEES PAID. THE TOTAL THIS YEAR IS APPROXIMATELY 60 SUCH SCHOLARSHIPS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $253,655
Investment Income $63
Other Revenue $0
TOTAL REVENUE $253,718

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $250,727
Other Expenses $250,727
TOTAL EXPENSES $250,727

Year-over-Year Comparison

2024 2023 Change
Revenue $253,718 $188,767 +0.3%
Expenses $250,727 N/A N/A
Net Income $2,991 $188,767 -1.0%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
300

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM FELTS PRESIDENT 30.00
Officer
$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 $253,718 $250,727 $77,349 $2,991
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