VITA SPORTS PARTNERS INC (EIN 813846370) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

MICHAEL NOVOGRATZ

Phone

2127573421

Tax Period

2020-01-01 to 2020-12-31

VITA SPORTS PARTNERS INC, founded in 2016, is a small nonprofit that reported $449K in total revenue in fiscal year 2020. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $699K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO CATALYZE RESOURCES THAT INSPIRE COLLABORATION AND ACCELERATE IMPACT WITHIN THE SPORTS-BASED YOUTH DEVELOPMENT SECTOR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $337,254

Program Service Revenue $109,889

Investment Income $0

Other Revenue $1,712

TOTAL REVENUE $448,855

Expense Breakdown

Grants Paid $8,505

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $303,694

Other Expenses $690,135

TOTAL EXPENSES $698,640

Year-over-Year Comparison

	2020	2019	Change
Revenue	$448,855	$1,091,405	-0.6%
Expenses	$698,640	$822,109	-0.2%
Net Income	$-249,785	$269,296	-1.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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
MICHAEL NOVOGRATZ	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GREGORY SIGRIST	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JACK SPRINGATE	TREASURER	1.00	Officer Director	$0	$0	$0
KYRA TIRANA BARRY	SECRETARY	1.00	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
2020	$448,855	$698,640	$3,819	$-249,785
2019	$1,091,405	$822,109	$682,074	$269,296
2018	$484,041	$903,683	$437,415	$-419,642

VITA SPORTS PARTNERS INC