FAST ACTION INC (EIN 330008223) - 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

1983

Legal Domicile

Principal Officer

LOUIS LE

Phone

9497057295

Tax Period

2023-01-01 to 2023-12-31

FAST ACTION INC, founded in 1983, is a micro nonprofit in the Recreation & Sports sector that reported $40K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $54K exceeded revenue, resulting in a 34% operating deficit.

Mission

PROVIDED MANAGEMENT AND ORGANIZATION OF SPORTS ACITVITIES FOR THE COMMUNITY

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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 $40,355

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $40,355

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,878

Other Expenses $53,878

TOTAL EXPENSES $53,878

Year-over-Year Comparison

	2023	2022	Change
Revenue	$40,355	$59,395	-0.3%
Expenses	$53,878	$58,297	-0.1%
Net Income	$-13,523	$1,098	-13.3%

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

N/A

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
LOUIS LE	PRESIDENT	4.00	Officer	$0	$0	$0
EVELYN LE	SECRETARY	2.00	Officer	$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	$40,355	$53,878	$14,871	$-13,523
2022	$59,395	$58,297	$28,463	$1,098
2021	$24,891	$33,587	No data	$-8,696
2020	$30,782	$30,055	No data	$727
2019	$104,519	$87,925	$34,292	$16,594
2018	$95,991	$94,315	$17,698	$1,676

FAST ACTION INC