GYMRAT BASKETBALL LLC (EIN 680675204) - 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

2018

Legal Domicile

Principal Officer

JOHN KMACK

Phone

5183308103

Tax Period

2018-09-01 to 2019-08-31

GYMRAT BASKETBALL LLC, founded in 2018, is a small nonprofit that reported $548K in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year.

Mission

TO PROVIDE EVENTS, SERVICES AND ECONOMIC DEVELOPMENT ASSOCIATED WITH GRASSROOTS BASKETBALL AND THE COLLEGE RECRUITING PROCESS. GYMRAT BASKETBALL OPERATES LARGE SCALE YOUTH BASKETBALL EVENTS FOR BOY AND GIRL ATHLETES AGES 12 TO 18. IN CONJUNCTION WITH THOSE EVENTS, GYMRAT BASKETBALL PROVIDES SERVICES THAT ALLOW PLAYERS TO SHOWCASE THEIR SKILLS AND PACKAGE PERTINENT INFORMATION TO COLLEGE COACHES ACROSS THE COUNTRY WHILE ALSO PROVIDING HIGH INTEGRITY AND HIGHLY CREDIBLE GUIDANCE AND INSIGHT INTO THE COLLEGE RECRUITMENT PROCESS. THROUGH ITS EVENTS, GYMRAT BASKETBALL IS ALSO AN ECONOMIC ENGINE FOR ITS HOST VENUES. GYMRAT BASKETBALL EVENTS ANNUALLY ATTRACT TENS OF THOUSANDS OF ATHLETES, COACHES, AND SPECTATORS THEREBY PROVIDING JOBS AND FINANCIAL SUPPORT TO HOST COMMUNITIES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $548,442

Investment Income $0

Other Revenue $0

TOTAL REVENUE $548,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,689

Fundraising Expenses $0

Program Expenses $557,286

Other Expenses $518,521

TOTAL EXPENSES $576,210

Year-over-Year Comparison

	2018	2017	Change
Revenue	$548,442	$590,376	-0.1%
Expenses	$576,210	$434,018	+0.3%
Net Income	$-27,768	$156,358	-1.2%

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

N/A

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

$53,539

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN KMACK	DIRECTOR	40.00	Director	$53,539	$0	$53,539

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
2019	$548,442	$576,210	$248,342	$-27,768

GYMRAT BASKETBALL LLC