Friends of Lenexa Sports Inc C/O Thomas P Feiden

EIN: 832989171 501(c)(3)

Lenexa, KS

Total Revenue
$18
Total Expenses
$40,482
Total Assets
$704
Net Assets
$-17,573
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
KS
Principal Officer
Thomas P Feiden
Phone
9135796862
Tax Period
2020-01-01 to 2020-12-31

Friends of Lenexa Sports Inc C/O Thomas P Feiden, founded in 2019, is a micro nonprofit that reported $18 in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $40K exceeded revenue, resulting in a 224800% operating deficit.

Mission

To build, operate and maintain a regional sports and recreation facility that enriches the qualify of life for families and provides future generations of athletes with a place to grow and play in an environment that cultivates community, sportsmanship, leadership, health and wellness.

Program Service Accomplishments

Program 1
Expenses: $40,440

Construct facilities that will include two baseball fields, a multi-purpose field, and an indoor recreation building. The project will provide high quality outdoor and indoor fields for primarily...

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Construct facilities that will include two baseball fields, a multi-purpose field, and an indoor recreation building. The project will provide high quality outdoor and indoor fields for primarily practices and a small number of games. The project is intended to provide a facility for parent-coached teams currently not available in the region. FOLS will provide a venue for recreational and competitive youth sporting activities including baseball, softball, soccer, basketball, volleyball and other field and court sport activities for teams and players.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $18
Other Revenue $0
TOTAL REVENUE $18

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $40,440
Other Expenses $40,482
TOTAL EXPENSES $40,482

Year-over-Year Comparison

2020 2019 Change
Revenue $18 $137,903 -1.0%
Expenses $40,482 $115,012 -0.6%
Net Income $-40,464 $22,891 -2.8%
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

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Governance

Voting Members
5
Independent Members
5
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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas P Feiden President 2.00
Officer Director
$0 $0 $0
Richard Enna Director 1.00
Director
$0 $0 $0
Tony Sabatino Director 1.00
Director
$0 $0 $0
Kyle Vena Director 1.00
Director
$0 $0 $0
Todd Ruskamp Director 1.00
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
2020 $18 $40,482 $704 $-40,464
2019 $137,903 $115,012 $72,891 $22,891
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