SUNCOAST ATHLETIC SPORTS GROUPINC

EIN: 453696927 501(c)(3) Recreation & Sports

SARASOTA, FL

Total Revenue
$279,470
Total Expenses
$259,766
Total Assets
$315,640
Net Assets
$315,640
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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
2011
Legal Domicile
FL
Principal Officer
STEVE HASSETT
Phone
9415874707
Tax Period
2022-08-01 to 2023-07-31

SUNCOAST ATHLETIC SPORTS GROUPINC, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $279K in total revenue in fiscal year 2022. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $260K left a modest 7% surplus.

Mission

THE ORGANIZATION PROVIDES SUPERVISED COMPETITIVE TRAVEL BASEBALL TOURNAMENTS TO CHILDREN WITH THE GOAL OF TEACHING THE CHILDREN IDEALS OF GOOD SPORTSMANSHIP HONESTY LOYALTY COURAGE AND RESPECT

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $279,460
Investment Income $10
Other Revenue $0
TOTAL REVENUE $279,470

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $259,766
Other Expenses $259,766
TOTAL EXPENSES $259,766

Year-over-Year Comparison

2022 2021 Change
Revenue $279,470 $372,160 -0.2%
Expenses $259,766 $135,179 +0.9%
Net Income $19,704 $236,981 -0.9%
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
1
Independent Members
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE HASSETT PRESIDENT N/A
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
2023 $279,470 $259,766 $315,640 $19,704
2023 No data $315,162 $478 No data
2022 $372,160 $135,179 $295,936 $236,981
2021 $104,341 $102,337 $58,955 $2,004
2020 $103,366 $62,595 $56,951 $40,771
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