ORONO BASKETBALL ASSOCIATION (EIN 474114318) - 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

Mark Swenson

Tax Period

2023-07-01 to 2024-06-30

ORONO BASKETBALL ASSOCIATION, founded in 2015, is a small nonprofit in the Recreation & Sports sector that reported $205K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

Orono Basketball Association provided over 400 Boys and Girls the opportunity to play and learn the game of basketball in a competitive safe environment. Participants learned fundamental basketball skills like teamwork, accountability, good sportsmanship, and fun. Kids get to play on an appropriate level basketball team based on tryouts and participate in youth basketball skills clinics.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,105

Program Service Revenue $203,893

Investment Income $0

Other Revenue $0

TOTAL REVENUE $204,998

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $35,842

Fundraising Expenses $0

Program Expenses $222,985

Other Expenses $186,143

TOTAL EXPENSES $222,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$204,998	$235,796	-0.1%
Expenses	$222,985	$209,502	+0.1%
Net Income	$-17,987	$26,294	-1.7%

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

200

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
Scott Larson	President	20.00	Officer Director	$0	$0	$0
Mark Swenson	Treasurer	20.00	Officer Director	$0	$0	$0
Julie Amende	Director of Scheduling	15.00	Director	$0	$0	$0
Ross Johnson	Girls Basketball Director	10.00	Director	$0	$0	$0
Ann O'Reilly	Director Scholarships	5.00	Director	$0	$0	$0
Theresa Schmidt	Secretary	5.00	Officer Director	$0	$0	$0
Jake Phillips	Director Coach Commiittee	5.00	Director	$0	$0	$0
Bryan Munsell	Director Training	5.00	Director	$0	$0	$0
Josh Sanderson	Director Equipment	5.00	Director	$0	$0	$0
Kelly Barnholdt	Director K-3 Program	5.00	Director	$0	$0	$0
Collin Nelson	Asst Tournament Director	5.00	Director	$0	$0	$0
Luke Zauhar	Director Boys Tournament	10.00	Director	$0	$0	$0
Joe Madson	Coaching Director	5.00	Director	$0	$0	$0
Sarah Hague	Director of Commincations	5.00	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
2025	No data	No data	No data	No data
2024	$204,998	$222,985	$38,193	$-17,987
2023	$235,796	$209,502	$78,591	$26,294
2022	$206,619	$225,741	$52,297	$-19,122
2021	$186,605	$187,895	$78,734	$-1,290
2020	$211,716	$222,780	$83,744	$-11,064

ORONO BASKETBALL ASSOCIATION