SIMPLY SPORTS INC (EIN 141970169) - 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

2006

Legal Domicile

Principal Officer

JEFFREY T BERNSTEIN

Phone

8772132255

Tax Period

2024-01-01 to 2024-12-31

SIMPLY SPORTS INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $646K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

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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 $0

Program Service Revenue $632,373

Investment Income $4,036

Other Revenue $9,899

TOTAL REVENUE $646,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $537,957

Fundraising Expenses $0

Program Expenses $358,626

Other Expenses $127,525

TOTAL EXPENSES $665,482

Year-over-Year Comparison

	2024	2023	Change
Revenue	$646,308	$573,938	+0.1%
Expenses	$665,482	$770,701	-0.1%
Net Income	$-19,174	$-196,763	-0.9%

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

N/A

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

$115,000

Total Directors

$80,175

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA BERNSTEIN	DIRECTOR	20.00	Director	$20,200	$0	$20,200
DANIEL BERNSTEIN	DIRECTOR	40.00	Director	$59,975	$0	$59,975
JEFFREY T BERNSTEIN	PRESIDENT	40.00	Officer	$115,000	$0	$115,000

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	$646,308	$665,482	$30,089	$-19,174
2023	$573,938	$770,701	$82,396	$-196,763
2022	$802,085	$754,781	$302,013	$47,304
2021	$630,475	$505,689	$266,441	$124,786
2020	$463,251	$546,285	$141,655	$-83,034
2019	$945,331	$966,802	$74,788	$-21,471
2018	$1,018,244	$952,315	$96,260	$65,929

SIMPLY SPORTS INC