RICHARD BECHER MEMORIAL FOUNDATION… - Form 990 Financial Data

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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

2014

Legal Domicile

Principal Officer

JOHN C DEFALCO

Phone

6318072125

Tax Period

2023-01-01 to 2023-06-30

RICHARD BECHER MEMORIAL FOUNDATION FOR SAFETY IN SPORTS INC, founded in 2014, is a micro nonprofit that reported $48 in total revenue in fiscal year 2022. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $6K exceeded revenue, resulting in a 12546% operating deficit.

Mission

TO RAISE AWARENESS AND PROMOTE A SAFE ENVIRONMENT FOR PLAYERS, COACHES, AND SPECTATORS AT YOUTH SPORTING EVENTS.

Program Service Accomplishments

Program 1

Expenses: $2,139 Revenue: $0

TO RAISE AWARENESS OF THE IMPORTANCE OF IMPLEMENTING APPROPRIATE AND ADEQUATE SAFETY PRECAUTIONS IN YOUTH SPORTS LEAGUES AND FACILITIES; TO PROVIDE YOUTH SPORTS LEAGUES AND FACILITIES WITH...

TO RAISE AWARENESS OF THE IMPORTANCE OF IMPLEMENTING APPROPRIATE AND ADEQUATE SAFETY PRECAUTIONS IN YOUTH SPORTS LEAGUES AND FACILITIES; TO PROVIDE YOUTH SPORTS LEAGUES AND FACILITIES WITH APPROPRIATE AND ADEQUATE SAFETY EQUIPMENT TO CONDUCT, OR PROVIDE FOR, INSTRUCTION AND TRAINING TO YOUTH SPORTS LEAGUES AND FACILITATE BEST PRACTICES TO PROTECT PARTICIPANTS, COACHES, AND SPECTATORS AT PRACTICES, GAMES, AND OTHER EVENTS; AND TO OCCASIONALLY PROVIDE MONETARY STIPENDS TO COLLEGE BOUND ATHLETES FROM LONG ISLAND, NEW YORK THAT EXEMPLIFY SPORTSMANSHIP, TEAMWORK, AND DEDICATION TO YOUTH SPORTS, IN HONOR OF THE LATE RICHARD BECHER.

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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 $48

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $48

Expense Breakdown

Grants Paid $2,139

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,139

Other Expenses $3,931

TOTAL EXPENSES $6,070

Year-over-Year Comparison

	2022	2021	Change
Revenue	$48	$36	+0.3%
Expenses	$6,070	$15,030	-0.6%
Net Income	$-6,022	$-14,994	-0.6%

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

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
SUSAN L BECHER	PRESIDENT/DIRECTOR	4.00	Director	$0	$0	$0
JOHN C DEFALCO	TREASURER/DIRECTOR	4.00	Director	$0	$0	$0
JOSEPH STRULL	SECRETARY/DIRECTOR	4.00	Director	$0	$0	$0
CHRIS BECHER	VICE PRESIDENT/DIRECTOR	4.00	Director	$0	$0	$0
PATRICK BECHER	VICE PRESIDENT/DIRECTOR	4.00	Director	$0	$0	$0
JAMES BUTLER	VICE PRESIDENT/DIRECTOR	4.00	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
2023	$48	$6,070	No data	$-6,022
2022	$36	$15,030	$6,022	$-14,994
2021	$19,166	$43,625	$21,016	$-24,459
2020	$4,860	$45,210	$45,475	$-40,350
2019	$25,164	$23,442	$85,825	$1,722
2018	$37,960	$32,576	$84,103	$5,384

RICHARD BECHER MEMORIAL FOUNDATION FOR SAFETY IN SPORTS INC