ELITE 3 SPORTS VENTURES

EIN: 814999224 501(c)(3) Recreation & Sports

GEORGETOWN, TX

Total Revenue
$516,775
Total Expenses
$515,022
Total Assets
$42,982
Net Assets
$40,591
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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
TX
Principal Officer
ALAN STEFEK
Phone
5126802134
Tax Period
2024-01-01 to 2024-12-31

ELITE 3 SPORTS VENTURES, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $517K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

TO FOSTER NATIONAL AMATEUR SPORTS COMPETITION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $510,187
Investment Income $25
Other Revenue $6,563
TOTAL REVENUE $516,775

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $514,886
Other Expenses $515,022
TOTAL EXPENSES $515,022

Year-over-Year Comparison

2024 2023 Change
Revenue $516,775 $412,512 +0.3%
Expenses $515,022 $465,242 +0.1%
Net Income $1,753 $-52,730 -1.0%
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
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK BLAMIRE DIRECTOR N/A
Officer
$0 $0 $0
STEVEN MAZUR DIRECTOR N/A
Officer
$0 $0 $0
ALAN STEFEK DIRECTOR N/A
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 $516,775 $515,022 $42,982 $1,753
2023 $412,512 $465,242 $41,230 $-52,730
2022 $479,175 $430,709 $108,568 $48,466
2021 $485,862 $492,746 $43,102 $-6,884
2020 $372,569 $382,740 $49,986 $-10,171
2019 $401,958 $373,163 $60,157 $28,795
2018 $473,849 $459,832 $31,362 $14,017
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