Glendover Community Basketball League Inc

EIN: 833648728

Lexington, KY

Total Revenue
$211,728
Total Expenses
$234,478
Total Assets
$9,112
Net Assets
$9,112
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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
2019
Legal Domicile
KY
Principal Officer
Mickey Head
Phone
8594947359
Tax Period
2024-05-01 to 2025-04-30

Glendover Community Basketball League Inc, founded in 2019, is a small nonprofit that reported $212K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $234K exceeded revenue, resulting in a 11% operating deficit.

Mission

Teaching basketball skills, exercise and sportsmanship to community youth.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,000
Program Service Revenue $208,728
Investment Income $0
Other Revenue $0
TOTAL REVENUE $211,728

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,638
Fundraising Expenses $0
Program Expenses $186,840
Other Expenses $186,840
TOTAL EXPENSES $234,478

Year-over-Year Comparison

2024 2023 Change
Revenue $211,728 $242,585 -0.1%
Expenses $234,478 $212,160 +0.1%
Net Income $-22,750 $30,425 -1.7%
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
3
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
3
$37,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Francis Head III Chairman 40
Officer
$37,000 $0 $37,000
Todd Hamill Vice Chairman 1
Officer
$0 $0 $0
Ross Stinetorf Secretary 1
Officer
$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
2025 $211,728 $234,478 $9,112 $-22,750
2024 $242,585 $212,160 $31,862 $30,425
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