COMMON BOND BASKETBALL CLUB (EIN 383592393) - 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

2001

Legal Domicile

Principal Officer

TYRONE HICKS

Phone

7343370687

Tax Period

2023-01-01 to 2023-12-31

COMMON BOND BASKETBALL CLUB, founded in 2001, is a small nonprofit in the Youth Development sector that reported $185K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE ORGANIZATION IS TO ESTABLISH AND COORDINATE A BASKETBALL PROGRAM FOR CHILDREN AND TEENAGERS IN SOUTHEAST MICHIGAN WHICH FOSTERS TEAMWORK, COOPERATION, SPORTSMANSHIP, AND DEDICATION THROUGH PARTICIPATION IN BASKETBALL. IT IS ALSO OUR MISSION TO FURTHER THE PHYSICAL, MENTAL AND EMOTIONAL DEVELOPMENT OF CHILDREN THROUGH THE PARTICIPATION IN AN ORGANIZED SPORTS PROGRAM AND TO PROVIDE HEALTHY ACTIVITIES IN AN EFFORT TO DIVERT THEM FROM ACTIVITIES WHICH CONTRIBUTE TO JUVENILE DELINQUENCY.

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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 $93,986

Program Service Revenue $34,440

Investment Income $134

Other Revenue $56,014

TOTAL REVENUE $184,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,810

Fundraising Expenses $0

Program Expenses $145,115

Other Expenses $136,236

TOTAL EXPENSES $186,046

Year-over-Year Comparison

	2023	2022	Change
Revenue	$184,574	$152,136	+0.2%
Expenses	$186,046	$187,612	0.0%
Net Income	$-1,472	$-35,476	-1.0%

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

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

$46,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS DURCO	TREASURER	5.00	Director	$0	$0	$0
TYRONE HICKS	PRESIDENT	40.00	Director	$46,000	$0	$46,000
DOUG POST	CHAIRMAN	5.00	Director	$0	$0	$0
STEVE STOUT	DIRECTOR	5.00	Director	$0	$0	$0
DENNIS HILL	DIRECTOR	15.00	Director	$0	$0	$0
JOSHUA CHARLES	DIRECTOR	5.00	Director	$0	$0	$0
KAREN BRAXTON	SEXRETARY	5.00	Director	$0	$0	$0
ROBERT JONES	DIRECTOR	5.00	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	$184,574	$186,046	$44,631	$-1,472

COMMON BOND BASKETBALL CLUB