NAZ ELITE INC (EIN 472739055) - 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

2015

Legal Domicile

Principal Officer

JOHN D MULLANEY

Phone

3148608639

Tax Period

2024-01-01 to 2024-12-31

NAZ ELITE INC, founded in 2015, is a community nonprofit in the Recreation & Sports sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 9% surplus.

Mission

TO PROVIDE A PROPER TRAINING ENVIRONMENT FOR PROFESSIONAL DISTANCE RUNNERS IN THEIR PURSUIT OF THE OLYMPIC GAMES.

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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 $1,731,770

Investment Income $0

Other Revenue $21,332

TOTAL REVENUE $1,753,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $416,723

Fundraising Expenses $1,952

Program Expenses $1,568,028

Other Expenses $1,179,790

TOTAL EXPENSES $1,596,513

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,753,102	$1,356,197	+0.3%
Expenses	$1,596,513	$1,374,236	+0.2%
Net Income	$156,589	$-18,039	-9.7%

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

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

$111,334

Total Directors

$111,334

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN D MULLANEY	VICE PRESIDE	2.00	Officer Director	$111,334	$0	$111,334
PETER ABRAHAM	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL BRINKMANN	BOARD MEMBER	2.00	Director	$0	$0	$0
PAMELA MACMAHON	BOARD MEMBER	2.00	Director	$0	$0	$0
TED MACMAHON	BOARD MEMBER	2.00	Director	$0	$0	$0
BOB TUSSO	PRESIDENT	2.00	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
2024	$1,753,102	$1,596,513	$175,325	$156,589
2023	$1,356,197	$1,374,236	$27,711	$-18,039
2022	$997,855	$1,033,604	$50,112	$-35,749
2021	$813,294	$973,491	$22,418	$-160,197
2020	$871,590	$862,665	$178,756	$8,925
2019	$641,072	$659,680	$169,761	$-18,608
2018	$718,459	$686,648	$189,903	$31,811

NAZ ELITE INC