DELRAY TENNIS OUTREACH INC (EIN 461037515) - 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

Richard Stone

Phone

5613584800

Tax Period

2023-01-01 to 2023-12-31

DELRAY TENNIS OUTREACH INC, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $380K in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $512K exceeded revenue, resulting in a 35% operating deficit.

Mission

To provide youth in South Florida, who would not otherwise afford the opportunity, the chance to play recreational and potentially competitive tennis. The objective is for young players to reap the benefits of tennis in the areas of discipline, self-confidence, goal setting, self-reliance and teamwork.

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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 $367,000

Program Service Revenue $0

Investment Income $12,769

Other Revenue $0

TOTAL REVENUE $379,769

Expense Breakdown

Grants Paid $21,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $240,067

Other Expenses $490,723

TOTAL EXPENSES $511,973

Year-over-Year Comparison

	2023	2022	Change
Revenue	$379,769	$230,905	+0.6%
Expenses	$511,973	$1,399,798	-0.6%
Net Income	$-132,204	$-1,168,893	-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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Stone	President	2.0	Officer Director	$0	$0	$0
Kristina Olsen	Director	0.1	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	$379,769	$511,973	$503,860	$-132,204
2022	$230,905	$1,399,798	$692,564	$-1,168,893

DELRAY TENNIS OUTREACH INC