FIVE1 ATHLETICS INCORPORATED

EIN: 811779222 501(c)(3) Recreation & Sports

CLIO, MI

Total Revenue
$39,187
Total Expenses
$59,197
Total Assets
$50,067
Net Assets
$49,338
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
SANDY CATALANO
Phone
8104445921
Tax Period
2025-01-01 to 2025-12-31

FIVE1 ATHLETICS INCORPORATED, founded in 2016, is a micro nonprofit in the Recreation & Sports sector that reported $39K in total revenue in fiscal year 2025. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $59K exceeded revenue, resulting in a 51% operating deficit.

Mission

CREATE A SAFE, HEALTHY FITNESS FACILITY THAT WILL TEACH VOLLEYBALL, AS WELL AS OTHER ATHLETIC ACTIVITIES, TO THE YOUTH AND ADULTS OF THE COMMUNITY.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $9,058
Program Service Revenue $22,264
Investment Income $3,000
Other Revenue $4,865
TOTAL REVENUE $39,187

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,969
Program Expenses $52,832
Other Expenses $59,197
TOTAL EXPENSES $59,197

Year-over-Year Comparison

2025 2024 Change
Revenue $39,187 $92,390 -0.6%
Expenses $59,197 $44,419 +0.3%
Net Income $-20,010 $47,971 -1.4%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL CATALANO TRUSTEE N/A
Director
$0 $0 $0
SANDY CATALANO TREASURER N/A
Officer Director
$0 $0 $0
JACKIE HAYES SECRETARY N/A
Officer Director
$0 $0 $0
WENDY LASLEY TRUSTEE N/A
Director
$0 $0 $0
ERIC LAZOWSKI PRESIDENT N/A
Officer 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
2025 $39,187 $59,197 $50,067 $-20,010
2024 $92,390 $44,419 $63,719 $47,971
2023 $72,156 $75,315 $17,414 $-3,159
2022 $88,425 $97,980 $18,646 $-9,555
2021 $72,048 $87,326 $28,201 $-15,278
2020 $90,634 $78,759 $43,479 $11,875
2019 $336,087 $320,548 $31,604 $15,539
2018 $458,885 $448,854 $200,124 $10,031
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