CONTACT SPORTS FOUNDATION

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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

2017

Legal Domicile

Principal Officer

Jerome Friedberg

Phone

2139245541

Tax Period

2023-01-01 to 2023-12-31

CONTACT SPORTS FOUNDATION, founded in 2017, is a micro nonprofit in the Recreation & Sports sector that reported $745 in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $10K exceeded revenue, resulting in a 1227% operating deficit.

Mission

Mission is to support efforts which protect the general well being of athletes in contact sports, with special emphasis on the athlete's health & safety and financial well being. The Foundation also supports efforts which promote and market combative sports.

Program Service Accomplishments

Program 1

Expenses: $9,450 Revenue: $0

Assisted the California State Athletic Commission in locating retired boxers who had unclaimed pensions.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $745

Investment Income $0

Other Revenue $0

TOTAL REVENUE $745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,450

Other Expenses $9,883

TOTAL EXPENSES $9,883

Year-over-Year Comparison

	2023	2022	Change
Revenue	$745	$518	+0.4%
Expenses	$9,883	$84	+116.7%
Net Income	$-9,138	$434	-22.1%

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

N/A

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
Bas Rutten	Director	1	Officer Director	$0	$0	$0
Martha Shaw Urguidez	Director & VP	1	Officer Director	$0	$0	$0
John McCarthy	Director	1	Director	$0	$0	$0
Arnold Urquidez	Director & Vice President	1	Officer Director	$0	$0	$0
Jerome Friedberg	President & CEO	1	Officer Director	$0	$0	$0
Lisa Tealer	Secretary	1	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
2023	$745	$9,883	$22,472	$-9,138
2022	$518	$84	$22,044	$434