YSK EVENTS

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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

2017

Legal Domicile

Principal Officer

Shabana Khan

Phone

2069321035

Tax Period

2024-01-01 to 2024-12-31

YSK EVENTS, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $540K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $795K exceeded revenue, resulting in a 47% operating deficit.

Mission

CREATE A PLATFORM INCORPORATING ART TO EDUCATE THE PUBLIC ON THE HEALTH BENEFITS OF SQUASH, INCREASE YOUTH PARTICIPATION IN THE SPORT, RUN EVENTS TO RAISE AWARENESS OF THE OPPORTUNITIES IN THE SPORT AND HELP KIDS GET ADMITTED INTO TOP COLLEGES THROUGH SQUASH.

Program Service Accomplishments

Program 1

Expenses: $656,793

YSK EVENTS displayed various artworks created by artists at the world professional squash finals. The top eight finishers on both the mens and womens professional squash tour competed to be the...

YSK EVENTS displayed various artworks created by artists at the world professional squash finals. The top eight finishers on both the mens and womens professional squash tour competed to be the Number one male or female player in the world. Everyone was inspired to upgrade their squash game and try out new techniques of the champions. Speculations arose as to who would be the first olympic gold medalist in 2028. Juniors were inspired by the artwork and claimed it motivated them to up their gamesmanship to possibly defeat one of their idols in qualifiers for the upcoming Olympics in Los Angeles. They enjoyed reliving their favorite match as they watched that match on You Tube.

Program 2

Expenses: $127,133

JUNIOR DEVELOPMENT-- WE HOSTED JUNIOR SILVER TOURNAMENTS IN JANUARY, JUNE, OCTOBER AND NOVEMBER WITH DRAWS RANGING FROM 40 TO 65 ENTRANTS. OUR JUNIOR GOLD TOURNAMENT DURING MAY 17 THRU MAY 19 HOSTED 158 PLAYERS. OUR HIGHEST RANKING STUDENTS FINISHED SECOND AND SIXTH IN THEIR DIVISIONS. ONE OF OUR STUDENTS FINSIHED #18-19 IN THE BOYS 17 DIVISION AT THE BRONZE JUNIOR NATIONALS IN MARCH, 2024. ANOTHER STUDENT IN THE BOYS 13 FINISHED 21-24 IN THE 128 DRAW OF THE US OPEN JUNIOR NATIONALS IN DECEMBER. IN MARCH, 2024. AT THE US JUNIOR SILVER NATIONALS ONE STUDENT FINISHED AT 21-24 OUT OF 128 PLAYERS IN THE BOYS 17 DRAW. ONE STUDENT FINISHED AT 9-12 IN THE BOYS 11 OF THE US JR CHAMPIONSHIPS. AND IN GIRLS 13, OUR PLAYER FINISHED 13-16. IN WASHINTON STATE THE TOTAL OF OUR RANKED PLAYERS ARE : BOYS 11 #5, B-13 #3, B-15 #6, B -17 #7, AND GIRLS 11-#2, G-13 #3, G-15 #3, G-17 #1, G-19 #1. WE WILL CONTINUE TO DESIGN PROGRAMS TO DEVELOP FUTURE OLYMPIC CANDIDATES AND COLLEGIATE CHAMPIONS. SEVERAL OF OUR JUNIORS WERE ACCEPTED AT IVY LEAGUE COLLEGE THIS YEAR.

Program 3

Expenses: $7,139

DEPRECIATION EXPENSE PIPE & DRAPE -CARPET-LIGHTING

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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 $481,032

Program Service Revenue $0

Investment Income $53,103

Other Revenue $5,513

TOTAL REVENUE $539,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $791,065

Other Expenses $794,562

TOTAL EXPENSES $794,562

Year-over-Year Comparison

	2024	2023	Change
Revenue	$539,648	$437,426	+0.2%
Expenses	$794,562	$513,211	+0.5%
Net Income	$-254,914	$-75,785	+2.4%

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
SHABANA KHAN	President	40.00	Officer Director	$0	$0	$0
LATOSHYA KHAN	Director	2.00	Director	$0	$0	$0
CRAIG LANGREN	Director	1.00	Director	$0	$0	$0
CURT LIGOT	Director	1.00	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	$539,648	$794,562	$138,903	$-254,914
2023	$437,426	$513,211	$202,809	$-75,785
2022	$351,606	$590,116	$275,234	$-238,510
2021	$575,951	$522,102	$164,423	$53,849
2020	$262,791	$259,258	$113,458	$3,533