FRIENDSHIP SPORTS ASSOCIATION

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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

2013

Legal Domicile

Tax Period

2022-01-01 to 2022-12-31

Mission

TO UNITE ENTHIC GROUPS THROUGH THE ESTABLISHMENT,PROVISION AND PROMOTION OF SPORTS. CULTURAL, RECREATIONAL, CIVIC AND SOCIAL ACTIVITIES FOR ITS MEMBERS AND THE GENERAL PUBLIC.

Program Service Accomplishments

Program 1

Expenses: $40,752

In October of 2022 Friendship Sports Association cease operation and donatated its remaining balance to two local churches for the installation of wheelchari ramps to make the churchs acessable to...

In October of 2022 Friendship Sports Association cease operation and donatated its remaining balance to two local churches for the installation of wheelchari ramps to make the churchs acessable to every one. The organization also had a final appreciation diner for its members.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $34,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,752

Other Expenses $6,752

TOTAL EXPENSES $40,752

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	N/A	N/A
Expenses	$40,752	$631	+63.6%
Net Income	N/A	$-631	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

Governance

Voting Members

Independent Members

Employees

N/A

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
SHIRLEY SIMMS	DIRECTOR	5.00	Officer Director	$0	$0	$0
DOROTHY DAVIS	DIRECTOR	5.00	Officer Director	$0	$0	$0
LASCELLE LINDO	CEO	5.00	Officer Director	$0	$0	$0
ALDERN ENGLISH	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
IAN WHYTE	PRESIDENT	20.00	Officer Director	$0	$0	$0
MILTON DALEY	TREASURER	10.00	Officer Director	$0	$0	$0
BEVERLY LICORISH	CLERK	15.00	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
2022	No data	$40,752	No data	No data
2021	No data	$631	$40,752	No data
2020	$5,779	$6,979	$41,383	$-1,200
2019	$39,272	$36,697	$38,793	$2,575
2018	$39,749	$34,073	$36,218	$5,676