SPORTS FANS COALITION NY INC

EIN: 823111352 501(c)(3)

RONKONKOMA, NY

Total Revenue
N/A
Total Expenses
$274,647
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
DAVID GOODFRIEND
Phone
2028045533
Tax Period
2022-01-01 to 2022-03-31

Mission

SPORTS FANS COALITION NY, INC. PROVIDES A PUBLIC SERVICE BY OFFERING LOCAL, OVER-THE-AIR BROADCAST PROGRAMMING VIA THE INTERNET TO ANYONE LOCATED WITHIN SUCH LOCAL STATIONS' MARKET (DESIGNATED MARKET AREA), IN PARTICULAR CONSUMERS WHO DO NOT RECEIVE (CONTINUED ON SCHEDULE O) LOCAL BROADCAST STATION PROGRAMMING THROUGH A PAY-TV SERVICE, SUCH AS COST-SENSITIVE CONSUMERS UNABLE TO PAY A MONTHLY PAY-TV FEE OR RURAL HOUSEHOLDS UNABLE TO RECEIVE AN OVER-THE-AIR SIGNAL. IN THIS WAY, SPORTS FANS COALITION NY, INC. ENSURES THAT LOCAL EMERGENCY INFORMATION, WEATHER, NEWS, AND PUBLIC INTEREST INFORMATION REACHES THE ENTIRE COMMUNITY THAT THE FEDERAL COMMUNICATIONS COMMISSION ISSUED A GIVEN LOCAL BROADCAST TV LICENSE TO SERVE. IT ALSO EXPANDS THE REACH OF PUBLIC BROADCASTING STATIONS, INCLUDING THROUGH THE CARRIAGE OF SUCH STATIONS' MULTIPLE PROGRAMMING STREAMS.

Program Service Accomplishments

Program 1
Expenses: $49,002

LAUNCHED SERVICE IN JANUARY 2018 IN THE NEW YORK CITY MARKET; ADDED BOSTON, CHICAGO, DALLAS, HOUSTON, PHILADELPHIA, AND DENVER MARKETS THROUGH THE END OF 2018. LAUNCHED THE LOCAST APP ON MULTIPLE...

Read more

LAUNCHED SERVICE IN JANUARY 2018 IN THE NEW YORK CITY MARKET; ADDED BOSTON, CHICAGO, DALLAS, HOUSTON, PHILADELPHIA, AND DENVER MARKETS THROUGH THE END OF 2018. LAUNCHED THE LOCAST APP ON MULTIPLE PLATFORMS, INCLUDING ANDROID, APPLE IOS, ROKU, AND HOPPER. IN 2019, THE FOLLOWING MARKETS WERE ADDED: ATLANTA, BALTIMORE, LOS ANGELES, PHOENIX, RAPID CITY, SAN FRANCISCO, SEATTLE, SIOUX CITY, SIOUX FALLS, AND WASHINGTON DC. IN 2020, THE FOLLOWING MARKETS WERE ADDED: DETRIOT, INDIANAPOLIS, MIAMI/FT. LAUDERDALE, MINNEAPOLIS, PHILADELPHIA/COLLEGEVILLE, TAMPA, AND WEST PALM. IN 2021 THE FOLLOWING MARKETS WERE ADDED: CHARLOTTE, COLUMBUS, CLEVELAND, MADISON, MILWAUKEE, ORLANDO, PITTSBURGH, PORTLAND, RALEIGH, SACRAMENTO, TRI-CITIES. IN RESPONSE TO SUMMARY JUDGMENT RULINGS BY THE FEDERAL DISTRICT COURT IN THE (CONTINUED ON SCHEDULE O) SOUTHERN DISTRICT OF NEW YORK FINDING, AMONG OTHER THINGS, THAT THE STATUTORY COPYRIGHT EXEMPTION UNDER 17 U.S.C. 111(A)(5) DID NOT APPLY TO THE LOCAST SERVICE PROVIDED BY SPORTS FANS COALITION NY, INC., ALL OPERATIONS WERE SUSPENDED, AND A SETTLEMENT AGREEMENT WAS REACHED WITH THE PLAINTIFFS UNDER WHICH ALL CASH AND ASSETS WOULD BE DISBURSED TO VENDORS AND PLAINTIFFS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $49,002
Other Expenses $274,647
TOTAL EXPENSES $274,647

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $8,459,536 -1.0%
Expenses $274,647 $8,979,048 -1.0%
Net Income N/A $-519,512 N/A
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID GOODFRIEND CHAIRMAN & PRESIDENT 10.00
Officer Director
$0 $0 $0
HABIBA ALCINDOR SECRETARY & TREASURER 0.03
Officer Director
$0 $0 $0
GIGI SOHN BOARD MEMBER 0.03
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
2022 No data $274,647 No data No data
2021 $8,459,536 $8,979,048 $633,460 $-519,512
2020 $4,856,219 $2,306,291 $1,123,430 $2,549,928
2019 $1,429,259 $1,867,478 $397,770 $-438,219
2019 $1,429,259 $1,867,478 $397,770 $-438,219
2019 $1,429,259 $1,867,478 $397,770 $-438,219
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SPORTS FANS COALITION NY INC with other nonprofits in New York and across the country.