POWERHOUSE SPORTS CORPORATION (EIN 383954786) - 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

2014

Legal Domicile

Principal Officer

RUDOLPH MEO

Phone

2246280100

Tax Period

2022-01-01 to 2022-12-31

POWERHOUSE SPORTS CORPORATION, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $286K in total revenue in fiscal year 2022. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $267K left a modest 7% surplus.

Mission

POWERHOUSE SPORTS CORPORATION PROVIDES STUDENT-ATHLETES WITH THE BEST INSTRUCTIONS, COMPETITION, AND EXPOSURE. TOGETHER, WITH OUR AFFILIATE, HOOP AVENUES ATHLETICS, WE PROVIDE A SKILL DEVELOPMENT AND TECHNICAL BASED APPROACH. POWERHOUSE SPORTS CORPORATION PROVIDES EACH AND EVERY TEAM WITH AN OPPORTUNITY TO COMPETE AT THE HIGHEST LEVELS OF PLAY, BOTH REGIONALLY AND NATIONALLY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $285,599

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $112,004

Fundraising Expenses $0

Program Expenses $266,577

Other Expenses $154,573

TOTAL EXPENSES $266,577

Year-over-Year Comparison

	2022	2021	Change
Revenue	$285,599	$214,410	+0.3%
Expenses	$266,577	$207,031	+0.3%
Net Income	$19,022	$7,379	+1.6%

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

N/A

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

$38,354

Total Directors

$112,004

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIAN DEJESUS	COACH	5.00	Director	$1,000	$0	$1,000
AUSTIN LAUE	COACH	5.00	Director	$2,000	$0	$2,000
CEOLA CLARKE LL	COACH	5.00	Director	$2,000	$0	$2,000
DAN MARCHAN	COACH	5.00	Director	$2,000	$0	$2,000
DARNELL WHITEHEAD	COACH	5.00	Director	$1,000	$0	$1,000
ERIC DORTCH	COACH	5.00	Director	$1,500	$0	$1,500
GORDON ROSENBERG	COACH	5.00	Director	$5,900	$0	$5,900
HENRY THOMAS	COACH	5.00	Director	$3,500	$0	$3,500
JASON BOOKHART	COACH	5.00	Director	$1,500	$0	$1,500
JASON DAVIS	COACH	5.00	Director	$5,000	$0	$5,000
JETTER GIBSON	DIRECTOR	5.00	Officer Director	$23,054	$0	$23,054
JORDAN PERRIN	COACH	5.00	Director	$4,600	$0	$4,600
KEVIN O'MALLEY	COACH	5.00	Director	$5,000	$0	$5,000
MARLOWE SORIANO	COACH	5.00	Director	$3,000	$0	$3,000
NIBRA WHITE	COACH	5.00	Director	$2,000	$0	$2,000
NIRAJ JAVIA	COACH	5.00	Director	$4,000	$0	$4,000
RAMAR EVANS	COACH	5.00	Director	$1,500	$0	$1,500
RAY KANG	COACH	5.00	Director	$2,000	$0	$2,000
ROBERT DAVIS	COACH	5.00	Director	$2,000	$0	$2,000
RODNEY METTELUS	COACH	5.00	Director	$2,000	$0	$2,000
RUDY MEO	PRESIDENT	5.00	Officer Director	$15,300	$0	$15,300
SAVEION SHADD	COACH	5.00	Director	$2,000	$0	$2,000
SYDNEY DEHORN	COACH	5.00	Director	$1,150	$0	$1,150
TERRON BELL	COACH	5.00	Director	$5,500	$0	$5,500
THOMAS NUTE	COACH	5.00	Director	$3,000	$0	$3,000
TRAVIS JAMISON	COACH	5.00	Director	$2,000	$0	$2,000
WES BAKER	COACH	5.00	Director	$5,500	$0	$5,500
WILIS REED	COACH	5.00	Director	$1,000	$0	$1,000
XHAVIOR HILLARD	COACH	5.00	Director	$2,000	$0	$2,000

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	No data	No data	No data	No data
2022	$285,599	$266,577	$84,582	$19,022
2021	$214,410	$207,031	$65,560	$7,379
2020	$109,471	$143,880	$58,181	$-34,409
2019	$239,161	$233,770	$67,653	$5,391
2018	$248,762	$186,500	$62,262	$62,262

POWERHOUSE SPORTS CORPORATION