NEXT LEVEL SPORTS FOUNDATION INC (EIN 462161844) - 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

2013

Legal Domicile

Principal Officer

PATRICK WALSH

Phone

6503458207

Tax Period

2024-01-01 to 2024-12-31

NEXT LEVEL SPORTS FOUNDATION INC, founded in 2013, is a community nonprofit in the Recreation & Sports sector that reported $8.5M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

NEXT LEVEL SPORTS FOUNDATION (NLSF) EXISTS TO PROVIDE FAMILIES WITH THE VERY BEST YOUTH SPORTS EXPERIENCE FOR THEIR CHILDREN IN ORDER FOR THEM TO ACQUIRE LIFE LESSONS AND TOOLS TO GROW INTO HEALTHY YOUNG ADULTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,508,446

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,508,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,287,806

Fundraising Expenses $412,386

Program Expenses $7,875,149

Other Expenses $6,292,813

TOTAL EXPENSES $8,580,619

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,508,446	$7,454,072	+0.1%
Expenses	$8,580,619	$7,391,028	+0.2%
Net Income	$-72,173	$63,044	-2.1%

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

4361

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
PATRICK WALSH	PRESIDENT, DIRECTOR	7.00	Officer Director	$0	$0	$0
LANCE SMITH	SECRETARY, TREASURER, DIRE	7.00	Officer Director	$0	$0	$0
CHICK WALSH	DIRECTOR	2.00	Director	$0	$0	$0
DAVID BAKHTIARI	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS BRADY SR	DIRECTOR	2.00	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	$8,508,446	$8,580,619	$101,762	$-72,173
2023	$7,454,072	$7,391,028	$164,418	$63,044
2022	$4,826,738	$5,124,351	$197,591	$-297,613
2021	$2,705,458	$2,756,362	$280,995	$-50,904
2020	$1,167,111	$1,307,684	$94,397	$-140,573
2019	$1,767,506	$1,814,422	$54,209	$-46,916
2018	$1,272,654	$1,284,956	$54,368	$-12,302

NEXT LEVEL SPORTS FOUNDATION INC