FOUNDATION FOR LEARNING ATHLETICS AND GROWTH (EIN 844119025) - 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

2019

Legal Domicile

Principal Officer

CHRISTIAN SORENSON

Phone

8183452223

Tax Period

2022-01-01 to 2022-12-31

FOUNDATION FOR LEARNING ATHLETICS AND GROWTH, founded in 2019, is a small nonprofit in the Youth Development sector that reported $148K in total revenue in fiscal year 2022. Revenue surged 224% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 59% operating margin.

Mission

THE FOUNDATION FOR LEARNING, ATHLETICS, & GROWTH (FLAG) IS COMMITTED TO INSPIRING YOUTH, VETERANS, AND THEIR FAMILIES TO REACH GOALS IN ACADEMICS, ATHLETICS, AND PERSONAL/PROFESSIONAL GROWTH.IN ADDITION TO DEVELOPING COMMUNITY PROGRAMS, WE COLLABORATE WITH OTHER COMMUNITY ORGANIZATIONS AND NON-PROFITS TO SUPPORT INITIATIVES THAT DIRECTLY IMPACT YOUTH, VETERANS, AND FAMILIES IN NEED IN OUR COMMUNITIES

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $220,170

Program Service Revenue $0

Investment Income $0

Other Revenue $-71,694

TOTAL REVENUE $148,476

Expense Breakdown

Grants Paid $50,803

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,629

Other Expenses $10,256

TOTAL EXPENSES $61,059

Year-over-Year Comparison

	2022	2021	Change
Revenue	$148,476	$45,884	+2.2%
Expenses	$61,059	$57,009	+0.1%
Net Income	$87,417	$-11,125	-8.9%

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

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
GREG MARTIN	BOARD MEMBER	0.00	Director	$0	$0	$0
ROB ANTROBIUS	BOARD MEMBER	0.00	Director	$0	$0	$0
RUSTY SMITH	BOARD MEMBER	0.00	Director	$0	$0	$0
SCOTT RECKNOR	BOARD MEMBER	0.00	Director	$0	$0	$0
TOM SHEETS	BOARD MEMBER	0.00	Director	$0	$0	$0
CHRISTIAN SORENSON	CEO	8.00	Officer	$0	$0	$0
RICHARD MYERSON	CFO	1.00	Officer	$0	$0	$0
ADAM DEIERLING	SECRETARY	5.00	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
2024	No data	No data	No data	No data
2022	$148,476	$61,059	$92,323	$87,417

FOUNDATION FOR LEARNING ATHLETICS AND GROWTH