FALCONS ACADEMIC AND ATHLETIC ASSOCIATION INC (EIN 823267755) - 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

2017

Legal Domicile

Principal Officer

TOM KAZMIERCZAK

Phone

8605813421

Tax Period

2023-01-01 to 2023-12-31

FALCONS ACADEMIC AND ATHLETIC ASSOCIATION INC, founded in 2017, is a micro nonprofit in the Recreation & Sports sector that reported $12K in total revenue in fiscal year 2023. Expenses of $16K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE ORGANIZATION IS DEDICATED TO IMPROVING THE LIVES OF YOUTH THROUGH ATHLETIC EDUCATION INCLUDING SOCCER, BASEBALL, PING-PONG, GOLF, SKIING AND HUNTING. THE ORGANIZATION OFFERS COMPETITION OPPORTUNITIES FOR ALL AGE AND ABILITY LEVELS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $20,850

Program Service Revenue $5,345

Investment Income $2

Other Revenue $-14,089

TOTAL REVENUE $12,108

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,396

Other Expenses $15,811

TOTAL EXPENSES $15,811

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,108	$-11,247	-2.1%
Expenses	$15,811	$6,767	+1.3%
Net Income	$-3,703	$-18,014	-0.8%

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

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
ZBYSZEK BAGNACKI	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW GUZIEWICZ	TREASURER	4.00	Officer Director	$0	$0	$0
ROMAN HAPTAS	DIRECTOR	N/A	Director	$0	$0	$0
TOM KAZMIERCZAK	PRESIDENT	1.00	Officer Director	$0	$0	$0
JAROSLAW KOSZYKOWSKI	SECRETARY	N/A	Director	$0	$0	$0
ROBERT KOT	DIRECTOR	N/A	Director	$0	$0	$0
KAZIMIERZ PILIP	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$12,108	$15,811	$1,222,578	$-3,703
2022	$-11,247	$6,767	$1,226,281	$-18,014
2021	$12,954	$6,062	$1,244,295	$6,892
2020	$24,365	$1,188	$1,237,401	$23,177
2019	$1,112,931	$10,359	$1,214,214	$1,102,572

FALCONS ACADEMIC AND ATHLETIC ASSOCIATION INC