GREATER LOUISVILLE SPORTS COMMISSION INC (EIN 611365860) - 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

2000

Legal Domicile

Principal Officer

GREGORY A FANTE

Phone

5025877767

Tax Period

2024-07-01 to 2025-06-30

GREATER LOUISVILLE SPORTS COMMISSION INC, founded in 2000, is a community nonprofit in the Recreation & Sports sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF THE LOUISVILLE SPORTS COMMISSION IS TO PROMOTE ACTIVE LIFESTYLES AND ENHANCE ECONOMIC VITALITY BY ATTRACTING, CREATING, AND HOSTING QUALITY SPORTING EVENTS IN THE LOUISVILLE AREA.

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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 $693,667

Program Service Revenue $1,119,892

Investment Income $2,841

Other Revenue $24,884

TOTAL REVENUE $1,841,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $785,970

Fundraising Expenses $263,683

Program Expenses $1,391,115

Other Expenses $1,079,584

TOTAL EXPENSES $1,865,554

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,841,284	$1,649,852	+0.1%
Expenses	$1,865,554	$1,649,048	+0.1%
Net Income	$-24,270	$804	-31.2%

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

$131,325

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM E SUMMERS V	EXECUTIVE COMMITTEE/BOARD CHAIR	5.00	Officer Director	$0	$0	$0
STEVE HESTER	EXECUTIVE COMMITTEE/VICE CHAIR	2.00	Officer Director	$0	$0	$0
ERIC GRANGER	EXECUTIVE COMMITTEE/TREASURER	2.00	Officer Director	$0	$0	$0
SHEILA HIESTAND	EXECUTIVE COMMITTEE/SECRET	2.00	Officer Director	$0	$0	$0
LEIGH ANN BARNEY	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
DAVID S BECK	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
DOUG BENNETT	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
DEREK BLAND	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
AMY CALABRESE	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
GREG GALIETTE	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
BRETT HAYES	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
DAVID JAMES	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
APRIL LAFRAMBOISE	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
SCOTT SHOENBERGER	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
APRIL BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
BETH BUSH	DIRECTOR	1.00	Director	$0	$0	$0
JASON CHAMBERS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CLINARD	DIRECTOR	1.00	Director	$0	$0	$0
KELLEY DEARING-SMITH	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS DOSTER	DIRECTOR	1.00	Director	$0	$0	$0
JERRY EAVES	DIRECTOR	1.00	Director	$0	$0	$0
TRACIE FRIST	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HARDESTY	DIRECTOR	1.00	Director	$0	$0	$0
DEVONE HOLT	DIRECTOR	1.00	Director	$0	$0	$0
CULEE JENNINGS	DIRECTOR	1.00	Director	$0	$0	$0
ALEX KERNS PHD MHA	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY LEACHMAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MASICK	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS MCINTOSH	DIRECTOR	1.00	Director	$0	$0	$0
JOHN NEACE	DIRECTOR	1.00	Director	$0	$0	$0
CASEY RAMAGE	DIRECTOR	1.00	Director	$0	$0	$0
JEAN SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
JAKE ELDEMIRE-SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JAY WARREN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT WIEGANDT	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY A FANTE	PRESIDENT AND CEO	40.00	Officer	$131,325	$0	$131,325
JULIE HOWELL	VICE PRESIDENT REVENUE DEV	40.00	Highest	$111,398	$22,509	$133,907

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	$1,841,284	$1,865,554	$587,577	$-24,270
2024	No data	No data	No data	No data
2023	$1,637,501	$1,561,320	$555,597	$76,181
2022	$1,543,410	$1,362,352	$520,256	$181,058
2021	$944,305	$911,630	$511,809	$32,675
2020	$1,568,552	$1,702,052	$494,831	$-133,500
2019	$1,848,123	$1,809,648	$658,020	$38,475

GREATER LOUISVILLE SPORTS COMMISSION INC