Koa Sports League Inc (EIN 272493139) - 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

2010

Legal Domicile

Principal Officer

Emmanuel Korson

Phone

3012297529

Tax Period

2023-01-01 to 2023-12-31

Koa Sports League Inc, founded in 2010, is a community nonprofit in the Recreation & Sports sector that reported $2.0M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $2.4M exceeded revenue, resulting in a 23% operating deficit.

Mission

KOA IS COMMITTED TO SHAPING KIDS' LIVES THROUGH SPORTS. THROUGH THE FOLLOWING APPROACH, KOA AIMS TO DEVELOP EACH CHILD TO HIS OR HER FULL POTENTIAL AS AN ATHLETE AND A PERSON: - EMPLOYING TRAINED AND DEDICATED PROFESSIONAL COACHES AND INSTRUCTORS WHO OPERATE UNDER THE SUPERVISION AND MANAGEMENT OF OUR FULL TIME PROFESSIONAL STAFF - PROVIDING A POSITIVE COMMUNITY FOR OUR YOUNG ATHLETES AND THEIR FAMILIES - USING SPORTS AS A VEHICLE TO TEACH LIFE LESSONS LIKE HARD WORK, SPORTSMANSHIP, SELF-DISCIPLINE, AND COPING WITH ADVERSITY WHILE MANY OF OUR YOUNG ATHLETES WILL ENJOY LONG, SUCCESSFUL PLAYING CAREERS IN HIGH SCHOOL AND BEYOND, WE RECOGNIZE NOT ALL ARE DESTINED FOR PROFESSIONAL, COLLEGE, OR EVEN HIGH SCHOOL COMPETITION. WHATEVER THE SPORT, ACTIVITY OR LEVEL OF COMPETITION, KOA'S BASIC PHILOSOPHY IS THE SAME - SHAPING KIDS' LIVES THROUGH SPORTS. CONSISTENT WITH THIS PHILOSOPHY, KOA AFFORDS ITS YOUNG ATHLETES THE OPPORTUNITY TO DEVELOP IN THEIR SPORT OF CHOICE AND, ULTIMATELY, IN THE GAME

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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 $26,508

Program Service Revenue $1,783,805

Investment Income $141,418

Other Revenue $1,361

TOTAL REVENUE $1,953,092

Expense Breakdown

Grants Paid $300

Salaries & Benefits $1,273,014

Fundraising Expenses $11,514

Program Expenses $2,044,969

Other Expenses $1,120,105

TOTAL EXPENSES $2,393,419

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,953,092	$2,133,418	-0.1%
Expenses	$2,393,419	$2,611,359	-0.1%
Net Income	$-440,327	$-477,941	-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

Governance

Voting Members

Independent Members

Employees

190

Volunteers

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

$315,644

Total Directors

$315,644

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Emmanuel Korson	Executive Dir.	40.00	Officer Director	$193,261	$24,886	$218,147
Casey Hertel	Treasurer	40.00	Officer Director	$88,391	$9,106	$97,497
Nick Christakos	Director	1.00	Director	$0	$0	$0
Todd Levitt	Director	1.00	Director	$0	$0	$0
Julie Andrews	Director	1.00	Director	$0	$0	$0
Mike Lefkowitz	Director	1.00	Director	$0	$0	$0
Hans Chen	Director	1.00	Director	$0	$0	$0
Seth Kessler	Director	1.00	Director	$0	$0	$0
Alex Finkel	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	$1,953,092	$2,393,419	$1,238,311	$-440,327
2022	$2,133,418	$2,611,359	$1,424,112	$-477,941
2021	$2,679,014	$2,131,255	$1,999,913	$547,759
2020	$2,133,374	$2,069,489	$723,525	$63,885
2019	$3,076,272	$3,025,306	$258,741	$50,966
2018	$3,054,462	$3,006,866	$220,772	$47,596

Koa Sports League Inc