FRIENDS OF ACHIEVERS INC

EIN: 450488290 501(c)(3) Recreation & Sports

DENTON, TX

Total Revenue
$207,125
Total Expenses
$210,825
Total Assets
$116,073
Net Assets
$116,073
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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
2002
Legal Domicile
TX
Principal Officer
Amy McCarty
Phone
9404844900
Tax Period
2023-06-01 to 2024-05-31

FRIENDS OF ACHIEVERS INC, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $207K in total revenue in fiscal year 2023.

Mission

To provide moral and financial support to designated gymnastic teams, to aid in the personal development of each member of the teams, and, to foster national gymnastic competition.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $207,116
Investment Income $9
Other Revenue $0
TOTAL REVENUE $207,125

Expense Breakdown

Grants Paid $500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $204,984
Other Expenses $210,325
TOTAL EXPENSES $210,825

Year-over-Year Comparison

2023 2022 Change
Revenue $207,125 N/A N/A
Expenses $210,825 N/A N/A
Net Income $-3,700 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
50

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rebekah Sanchez President 5.00
Officer Director
$0 $0 $0
Melanie Parsons Vice President 5.00
Officer Director
$0 $0 $0
Amy McCarty Treasurer 5.00
Officer 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 $207,125 $210,825 $116,073 $-3,700
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