Student Athlete Community Service Network

EIN: 464002011 501(c)(3) Recreation & Sports

West Palm Beach, FL

Total Revenue
$321,974
Total Expenses
$316,997
Total Assets
$5,049
Net Assets
$-36,152
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Principal Officer
Thomas McGinnis
Phone
5618895458
Tax Period
2023-01-01 to 2023-12-31

Student Athlete Community Service Network, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $322K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

Student Athlete Community Service Network SACSN is fully devoted to furthering the leadership development exposure to college coaches and participation in community service activity of the talented high school student athletes. To that end SACSN organizes many community service events in alliance with charities; SACSN produces many events and projects in an effort to give back to the community. These events will prove to be invaluable to the college coaching community as a means to showcase SACSN members athletic ability on the playing field and leadership qualities off the field.

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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 (2023)

Revenue Breakdown

Contributions & Grants $321,974
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $321,974

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,337
Fundraising Expenses $0
Program Expenses $316,997
Other Expenses $295,660
TOTAL EXPENSES $316,997

Year-over-Year Comparison

2023 2022 Change
Revenue $321,974 $256,880 +0.3%
Expenses $316,997 $258,631 +0.2%
Net Income $4,977 $-1,751 -3.8%
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
3
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
2
$17,408
Total Directors
4
$30,378
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Frank Torre Secretary Director 30.00
Officer Director
$9,350 $0 $9,350
Thomas McGinnis President Director 45.00
Officer Director
$8,058 $0 $8,058
Tristan McGinnis Director 15.00
Director
$4,520 $0 $4,520
Umberto Gaudino Director 30.00
Director
$8,450 $0 $8,450
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 $321,974 $316,997 $5,049 $4,977
2022 $256,880 $258,631 $-12,281 $-1,751
2021 $136,750 $133,840 $-679 $2,910
2020 $148,405 $162,749 $11,217 $-14,344
2019 $363,705 $353,659 $17,417 $10,046
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