SPECTRUM BASKETBALL CLUB

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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

JOHN FREELAND

Phone

5405610921

Tax Period

2021-01-01 to 2021-12-31

SPECTRUM BASKETBALL CLUB, founded in 2013, is a micro nonprofit that reported $88K in total revenue in fiscal year 2021. Revenue surged 942% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 99% operating margin.

Mission

SPECTRUM BASKETBALL CLUB PROVIDES OPPORTUNITIES FOR CHILDREN AND YOUTH TO PARTICIPATE IN THE SPORTS OF BASKETBALL AND VOLLEYBALL BY CONDUCTING TRAINING EVENTS AND TOURNAMENTS.

Program Service Accomplishments

Program 1

Expenses: $860

CONDUCTING TRAINING EVENTS AND TOURNAMENTS FOR CHILDREN AND YOUTH

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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 (2021)

Revenue Breakdown

Contributions & Grants $88,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $88,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $860

Other Expenses $885

TOTAL EXPENSES $885

Year-over-Year Comparison

	2021	2020	Change
Revenue	$88,500	$8,491	+9.4%
Expenses	$885	$13,996	-0.9%
Net Income	$87,615	$-5,505	-16.9%

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

N/A

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
JOHN FREELAND	PRESIDENT	N/A	Officer Director	$0	$0	$0
KAREN FREELAND	SECRETARY/TR	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
2021	$88,500	$885	No data	$87,615
2020	$8,491	$13,996	$8,643	$-5,505
2019	$52,485	$50,512	$16,539	$1,973
2018	$103,587	$103,402	$12,228	$185