FGC BOOSTERS INC

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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

1991

Legal Domicile

Principal Officer

RASMA ZVANERS

Phone

3018456582

Tax Period

2020-07-01 to 2021-06-30

FGC BOOSTERS INC, founded in 1991, is a micro nonprofit that reported $1K in total revenue in fiscal year 2020. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 611% operating deficit.

Mission

TO DEFRAY THE COST OF AMATEUR ATHLETICS IN THE SPORT OF GYMNASTICS AS WELL AS COORDINATE REGISTRATIONS FOR COMPETITIONS AND TRAVEL THERETO.

Program Service Accomplishments

Program 1

Expenses: $837

TO DEFRAY THE COST FOR ATHELETES IN THE FIELD OF AMATEUR GYMNASTICS, TO FACILITATE THE COLLECTIVE REGISTRATIONS FOR COMPETITIVE MEETS AND FACILITATE THE TRAVEL ARRANGEMENTS FOR OUT OF TOWN...

TO DEFRAY THE COST FOR ATHELETES IN THE FIELD OF AMATEUR GYMNASTICS, TO FACILITATE THE COLLECTIVE REGISTRATIONS FOR COMPETITIVE MEETS AND FACILITATE THE TRAVEL ARRANGEMENTS FOR OUT OF TOWN COMPETITIONS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,067

Investment Income $0

Other Revenue $73

TOTAL REVENUE $1,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $837

Other Expenses $8,101

TOTAL EXPENSES $8,101

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,140	$72,921	-1.0%
Expenses	$8,101	$45,415	-0.8%
Net Income	$-6,961	$27,506	-1.3%

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	Role	Reportable Comp	Other Comp	Total
WHITNEY JOSEPH	PRESIDENT	Officer	$0	$0	$0
SUSAN O'CONNOR	SECRETARY	Officer	$0	$0	$0
WHITNEY WOOD	VICE PRESIDE	Officer	$0	$0	$0
RASMA ZVANERS	TREASURER	Officer	$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
2021	$1,140	$8,101	$55,542	$-6,961
2020	$72,921	$45,415	$78,794	$27,506
2019	$86,267	$85,965	$39,898	$302