WORLD CHAMPIONSHIPS ORGANIZING COMMITTEE INC (EIN 233061780) - 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

2000

Legal Domicile

Principal Officer

MICHAEL BEAUTYMAN

Phone

2676797440

Tax Period

2023-01-01 to 2023-12-31

WORLD CHAMPIONSHIPS ORGANIZING COMMITTEE INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $117K in total revenue in fiscal year 2023. The organization ran a surplus of $100K, a strong 86% operating margin.

Mission

PROMOTING THE HEALTH OF SENIORS THROUGH INTERNATIONAL COMPETITIONS FOR SENIORS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $88,675

Program Service Revenue $0

Investment Income $28,079

Other Revenue $0

TOTAL REVENUE $116,754

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,735

Other Expenses $16,575

TOTAL EXPENSES $16,575

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,754	$-63,257	-2.8%
Expenses	$16,575	$13,271	+0.2%
Net Income	$100,179	$-76,528	-2.3%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BEAUTYMAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
STEPHEN ALVSTAD	VICE PRESIDENT/TREASURER	3.00	Officer Director	$0	$0	$0
JOHN PAUL ZELAZNY	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN PARSONS	DIRECTOR	1.00	Director	$0	$0	$0
DOMINGO RAMOS	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$116,754	$16,575	$1,365,157	$100,179
2022	$-63,257	$13,271	$826,152	$-76,528
2021	$355,301	$6,408	$1,543,384	$348,893
2020	$75,732	$462	$1,159,897	$75,270

WORLD CHAMPIONSHIPS ORGANIZING COMMITTEE INC