SPARTANS BASKETBALL LEAGUE INC (EIN 814120433) - 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

2016

Legal Domicile

Principal Officer

ANGELO TOMASSI

Phone

6318314266

Tax Period

2024-01-01 to 2024-12-31

SPARTANS BASKETBALL LEAGUE INC, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $526K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $470K left a modest 11% surplus.

Mission

SPARTANS BASKETBALL LEAGUE PROVIDES A BASKETBALL PROGRAM FOR K-11TH GRADERS. THE LEAGUE PROVIDES PROFESSIONAL INSTRUCTION DURING PRACTICES AND PROVIDES AN 8-GAME SEASON FOR CHILDREN TO PUT WHAT THEY HAVE LEARNED IN TO ACTION.

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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 $0

Program Service Revenue $525,725

Investment Income $0

Other Revenue $0

TOTAL REVENUE $525,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $470,046

Other Expenses $470,046

TOTAL EXPENSES $470,046

Year-over-Year Comparison

	2024	2023	Change
Revenue	$525,725	$466,705	+0.1%
Expenses	$470,046	$460,873	+0.0%
Net Income	$55,679	$5,832	+8.5%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELO TOMASSI	OFFICER	25.00	Officer	$0	$0	$0
MADELINE TOMASSI	DIRECTOR	5.00	Officer	$0	$0	$0
CHRISTOPHER TOMASSI	OFFICER	25.00	Officer	$0	$0	$0
TIM MOSHMAN	OFFICER	25.00	Officer	$0	$0	$0
LEE SCHARE	OFFICER	5.00	Officer	$0	$0	$0
STEVE NOLAN	OFFICER	15.00	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
2024	$525,725	$470,046	$198,366	$55,679
2023	$466,705	$460,873	$142,687	$5,832
2022	$392,458	$379,910	$136,855	$12,548
2021	$336,971	$248,159	$130,922	$88,812
2020	$46,079	$109,217	$35,495	$-63,138
2019	$219,973	$222,315	$98,685	$-2,342
2018	$246,814	$218,328	$103,021	$28,486

SPARTANS BASKETBALL LEAGUE INC