FAST BREAK FUND INC (EIN 141805594) - 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

1995

Legal Domicile

Principal Officer

ANTHONY HYNES

Phone

5188811670

Tax Period

2021-10-01 to 2022-09-30

FAST BREAK FUND INC, founded in 1995, is a micro nonprofit in the Recreation & Sports sector that reported $7K in total revenue in fiscal year 2021. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 372% operating deficit.

Mission

TO PROVIDE SCHOLARSHIP ASSISTANCE FOR SUMMER SPORTS CAMPS AND LEAGUES, FUNDAMENTAL AND ADVANCED SKILL INSTRUCTION, ACADEMIC GUIDANCE, AND COLLEGE APPLICATION ASSISTANCE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $6,251

Program Service Revenue $37

Investment Income $891

Other Revenue $0

TOTAL REVENUE $7,179

Expense Breakdown

Grants Paid $32,843

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,551

Other Expenses $1,023

TOTAL EXPENSES $33,866

Year-over-Year Comparison

	2021	2020	Change
Revenue	$7,179	$19,442	-0.6%
Expenses	$33,866	$37,843	-0.1%
Net Income	$-26,687	$-18,401	+0.5%

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

N/A

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

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LAWRENCE R HYNES	BOARD MEMBER	Director	$0	$0	$0
ANTHONY J HYNES	PRESIDENT	Officer Director	$0	$0	$0
KEVIN TULLY	TREASURER	Officer Director	$0	$0	$0
FRANK R HART	BOARD MEMBER	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
2022	$7,179	$33,866	$142,174	$-26,687
2021	$19,442	$37,843	$168,861	$-18,401
2020	$44,968	$46,538	$187,262	$-1,570
2019	$98,092	$97,209	$188,832	$883
2018	$108,237	$80,226	$187,949	$28,011

FAST BREAK FUND INC