Frisco Athletic Network Incorporated

EIN: 204927911 501(c)(3)

Little Elm, TX

Total Revenue
$995,274
Total Expenses
$1,053,325
Total Assets
$25,139
Net Assets
$-176,435
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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
TX
Principal Officer
Arvena M Martin
Phone
2143343105
Tax Period
2019-09-01 to 2020-08-31

Frisco Athletic Network Incorporated, founded in 2006, is a small nonprofit that reported $995K in total revenue in fiscal year 2019. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

Youth and adult organized sports teams and awards Providing junior athletes in the 1st-12th grades with a positive environment to train, learn and compete in the sport volleyball. Practices, games, training & tournaments are carefully designed to advance the development of

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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 (2019)

Revenue Breakdown

Contributions & Grants $987,059
Program Service Revenue $0
Investment Income $0
Other Revenue $8,215
TOTAL REVENUE $995,274

Expense Breakdown

Grants Paid $0
Salaries & Benefits $118,766
Fundraising Expenses $0
Program Expenses $974,327
Other Expenses $934,559
TOTAL EXPENSES $1,053,325

Year-over-Year Comparison

2019 2018 Change
Revenue $995,274 $1,383,845 -0.3%
Expenses $1,053,325 $1,450,965 -0.3%
Net Income $-58,051 $-67,120 -0.1%
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
3
Independent Members
3
Employees
3
Volunteers
50

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
3
$67,182
Total Directors
0
$0
Key Employees
2
$67,182
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Arneva M Martin Commissioner 100.00
Officer Key Emp
$46,500 $0 $46,500
Amy Tuggey Secretary/Treasurer 1.00
Officer
$0 $0 $0
Christopher Mares Vice Commissioner 60.00
Officer Key Emp
$20,682 $0 $20,682
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
2020 $995,274 $1,053,325 $25,139 $-58,051
2019 $1,383,845 $1,450,965 $249,596 $-67,120
2018 $1,570,499 $1,590,937 $301,670 $-20,438
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