LINCOLN SPORTS FOUNDATION INC (EIN 450533389) - 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

2004

Legal Domicile

Principal Officer

DAN LESOING

Phone

4024642255

Tax Period

2023-01-01 to 2023-12-31

LINCOLN SPORTS FOUNDATION INC, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $856K in total revenue in fiscal year 2023. Expenses of $967K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE MISSION OF THE LINCOLN SPORTS FOUNDATION IS A COMMITMENT TO DEVELOPING, MENTORING AND TRAINING STUDENT ATHLETES AND THEIR FAMILIES THROUGH PROGRAMS THAT PROVIDE QUALITY COACHING AND FACILITIES ENABLING THEM TO REACH THEIR FULL POTENTIAL AS ATHLETES AND MEMBERS OF THE COMMUNITY REFLECTING OUR VALUES OF HONESTY, INTEGRITY AND A COMMITMENT TO EXCELLENCE, THROUGH THE OPERATION OF THE SPORTS COMPLEX.

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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 $379,750

Program Service Revenue $476,355

Investment Income $0

Other Revenue $70

TOTAL REVENUE $856,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $881,556

Other Expenses $967,187

TOTAL EXPENSES $967,187

Year-over-Year Comparison

	2023	2022	Change
Revenue	$856,175	$887,540	0.0%
Expenses	$967,187	$737,150	+0.3%
Net Income	$-111,012	$150,390	-1.7%

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

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
RACHEL CULWELL	DIRECTOR	N/A	Director	$0	$0	$0
DAN LESOING	PRESIDENT	N/A	Officer Director	$0	$0	$0
LISA MOORE	SECRETARY	N/A	Officer Director	$0	$0	$0
DANIEL SOLTYS	DIRECTOR	N/A	Director	$0	$0	$0
PATRICK THOMAS	TREASURER	N/A	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
2023	$856,175	$967,187	$6,330,144	$-111,012
2022	$887,540	$737,150	$6,412,614	$150,390
2021	$1,068,518	$779,809	$6,238,637	$288,709
2020	$808,686	$629,342	$5,952,428	$179,344
2019	$3,074,911	$590,465	$5,647,396	$2,484,446
2018	$211,761	$556,102	$5,268,303	$-344,341

LINCOLN SPORTS FOUNDATION INC