FREE FALL ACTION SPORTS INC (EIN 825259173) - 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

2018

Legal Domicile

Principal Officer

DAVID KRATZ

Phone

2673779399

Tax Period

2024-01-01 to 2024-12-31

FREE FALL ACTION SPORTS INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $320K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $296K left a modest 8% surplus.

Mission

TO PROVIDE ATHLETES AND FANS A POSITIVE, ENCOURAGING ENVIRONMENT WHERE THEY CAN BELONG, DEVELOP SKILLS AND ABILITIES, BE INTRODUCED TO KNOWING AND FOLLOWING JESUS.

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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 $267,730

Program Service Revenue $24,629

Investment Income $8,789

Other Revenue $19,107

TOTAL REVENUE $320,255

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $199,906

Fundraising Expenses $18,016

Program Expenses $259,072

Other Expenses $93,917

TOTAL EXPENSES $295,823

Year-over-Year Comparison

	2024	2023	Change
Revenue	$320,255	$250,756	+0.3%
Expenses	$295,823	$246,558	+0.2%
Net Income	$24,432	$4,198	+4.8%

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

Volunteers

185

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

$19,200

Total Directors

$19,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN GOOD	PRESIDENT	2.00	Officer Director	$0	$0	$0
CARLOS VELEZ	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
SAM RIZZO	TREASURER	2.00	Officer Director	$0	$0	$0
COURTNEY BURNS	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVE SCHMIDT	MEMBER	2.00	Director	$0	$0	$0
RACHELLE BERGEY	MEMBER	2.00	Director	$0	$0	$0
DAVID WATSON	MEMBER	2.00	Director	$0	$0	$0
DAVID KRATZ	EXECUTIVE DI	10.00	Officer Director	$19,200	$0	$19,200

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
2025	No data	No data	No data	No data
2024	$320,255	$295,823	$399,911	$24,432
2023	$250,756	$246,558	$356,708	$4,198
2022	$207,311	$160,116	$352,510	$47,195
2021	$247,798	$97,035	$305,315	$150,763

FREE FALL ACTION SPORTS INC