GTP FOUNDATION (EIN 562040723) - 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

1997

Legal Domicile

Principal Officer

MICHAEL ALLEN

Phone

3365455320

Tax Period

2020-01-01 to 2020-12-31

GTP FOUNDATION, founded in 1997, is a small nonprofit that reported $234K in total revenue in fiscal year 2020. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $225K left a modest 4% surplus.

Mission

PROMOTION OF THE SPORT OF TENNIS FOR YOUTH AND ADULTS OF ALL INCOME AND SKILL LEVELS THROUGH LESSONS, CAMPS, TOURNAMENTS, AND OTHER TENNIS ACTIVITIES. ALSO, CONDUCTING TOURNAMENTS FOR THE BENEFIT OF OTHER CHARITABLE SPONSORS.

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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 $95,298

Program Service Revenue $136,775

Investment Income $0

Other Revenue $2,385

TOTAL REVENUE $234,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,796

Fundraising Expenses $15,268

Program Expenses $179,813

Other Expenses $83,385

TOTAL EXPENSES $225,181

Year-over-Year Comparison

	2020	2019	Change
Revenue	$234,458	$484,293	-0.5%
Expenses	$225,181	$548,095	-0.6%
Net Income	$9,277	$-63,802	-1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD PARKER	TREASURER	3.00	Officer Director	$0	$0	$0
MIKE BELANGIA	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
TELFAIR BELANGIA	DIRECTOR	5.00	Director	$0	$0	$0
CHRIS FULLER	DIRECTOR	3.00	Director	$0	$0	$0
KELLY HAHN	DIRECTOR	1.00	Director	$0	$0	$0
MINAZ JAMAL	DIRECTOR	1.00	Director	$0	$0	$0
DR RICK SHERWOOD	DIRECTOR	1.00	Director	$0	$0	$0
SANDY SHERWOOD	DIRECTOR	1.00	Director	$0	$0	$0
JEFF WHITACRE	DIRECTOR	1.00	Director	$0	$0	$0
TESS WORTH	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
2020	$234,458	$225,181	$164,773	$9,277
2018	$464,873	$385,317	$151,398	$79,556

GTP FOUNDATION