THE FORCE BASKETBALL

EIN: 841129140 501(c)(3)

COLORADO SPRINGS, CO

Total Revenue
$109,688
Total Expenses
$122,538
Total Assets
$27,123
Net Assets
$27,123
🔒

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
1989
Legal Domicile
CO
Principal Officer
KENNETH LAMBRECHT
Phone
7194405726
Tax Period
2022-01-01 to 2022-12-31

THE FORCE BASKETBALL, founded in 1989, is a small nonprofit that reported $110K in total revenue in fiscal year 2022. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $123K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO TEACH AND PROMOTE AMATEUR BASKETBALL FOR SCHOOL-AGED GIRLS AND BOYS THROUGH PARTICIPATION IN COMPETITIVE BASKETBALL TOURNAMENTS BOTH NATIONAL AND INTERNATIONAL. ALSO, ALL PURPOSES OPERATING UNDER A 501(C)(3).

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $50,155
Program Service Revenue $0
Investment Income $0
Other Revenue $59,533
TOTAL REVENUE $109,688

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $120,848
Other Expenses $122,538
TOTAL EXPENSES $122,538

Year-over-Year Comparison

2022 2021 Change
Revenue $109,688 $76,971 +0.4%
Expenses $122,538 $102,411 +0.2%
Net Income $-12,850 $-25,440 -0.5%
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
4
Independent Members
4
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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH LAMBRECHT President 5.00
Officer Director
$0 $0 $0
CHRISTOPHER LAMBRECHT Vice President 5.00
Officer Director
$0 $0 $0
REECE EDDY Director 5.00
Director
$0 $0 $0
CONNIE LAMBRECHT Treasurer 10.00
Officer 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 $109,688 $122,538 $27,123 $-12,850
2021 $76,971 $102,411 $39,973 $-25,440
2020 $60,911 $50,033 $65,413 $10,878
2019 $102,684 $93,932 $54,535 $8,752
2018 $117,664 $113,301 $45,783 $4,363
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE FORCE BASKETBALL with other nonprofits in Colorado and across the country.