SPORTS FOUNDATION OF TEXAS INC (EIN 760395090) - 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

1993

Legal Domicile

Phone

7138630056

Tax Period

2020-01-01 to 2020-12-31

SPORTS FOUNDATION OF TEXAS INC, founded in 1993, is a micro nonprofit that reported $32K in total revenue in fiscal year 2020. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 74% operating margin.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE FUNDS FOR DESERVING STUDENT ATHLETES IN THE GREATER HOUSTON AREA. THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO YOUTH ORIENTED PROGRAMSAND PROMOTES ITALIAN AMERICAN CULTURE AND HERITAGE.

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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 $100

Program Service Revenue $0

Investment Income $79

Other Revenue $32,181

TOTAL REVENUE $32,360

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,444

Other Expenses $2,444

TOTAL EXPENSES $8,444

Year-over-Year Comparison

	2020	2019	Change
Revenue	$32,360	$19,869	+0.6%
Expenses	$8,444	$21,506	-0.6%
Net Income	$23,916	$-1,637	-15.6%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
CARLO DECHIRO	Vice President	Officer	$0	$0	$0
ROSS GAGLIANO	SCHOLARSHIP CH	Officer	$0	$0	$0
PAUL GALANTE	Secretary	Officer	$0	$0	$0
JOHNNY B MANDOLA	President	Officer	$0	$0	$0
DANIEL SESSIONS	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
2020	$32,360	$8,444	$93,654	$23,916
2019	$19,869	$21,506	$69,738	$-1,637
2018	$12,387	$24,063	$71,375	$-11,676

SPORTS FOUNDATION OF TEXAS INC