VICTORY SPORTS FOUNDATION (EIN 261219564) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

PAUL LACOSTE

Phone

6013980950

Tax Period

2020-01-01 to 2020-12-31

VICTORY SPORTS FOUNDATION, founded in 2007, is a micro nonprofit that reported $101 in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $11K exceeded revenue, resulting in a 10441% operating deficit.

Mission

TO PROMOTE WELLNESS IN THE STATE OF MISSISSIPPI. TO PROVIDE FREE EXERCISE PROGRAMS, ITS FIT4 SERIES, TOGETHER WITH NUTRITION & HEALTH EDUCATION TO MISSISSIPPIANS FOR SUSTAINABLE HEALTHY LIFESTYLE CHANGES. SUPPORTS PROGRAM PARTICIPANTS WHO MAY EXPERIENCE HEALTHY WEIGHT LOSS & DRASTIC IMPROVEMENT IN HEALTH MARKERS, SUCH AS DIABETES, HEART DISEASE, & MENTAL HEALTH.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1

Other Revenue $100

TOTAL REVENUE $101

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,594

Other Expenses $10,646

TOTAL EXPENSES $10,646

Year-over-Year Comparison

	2020	2019	Change
Revenue	$101	$1,089,124	-1.0%
Expenses	$10,646	$1,275,373	-1.0%
Net Income	$-10,545	$-186,249	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
PAUL LACOSTE	PRESIDENT	10.00	Officer Director	$0	$0	$0
WILSON R SANTUCCI	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL W FLYNT	TREASURER	2.00	Officer Director	$0	$0	$0
DR PAUL JOHN TALBOT	BOARD MEMBER	2.00	Director	$0	$0	$0
J CHRIS CORRERO	BOARD MEMBER	2.00	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
2020	$101	$10,646	$48	$-10,545
2019	$1,089,124	$1,275,373	$10,593	$-186,249
2018	$237,472	$105,126	$196,842	$132,346

VICTORY SPORTS FOUNDATION