MIDLOTHIAN BASKETBALL LEAGUE INC (EIN 873710561) - 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

2021

Legal Domicile

Principal Officer

ALLEN MOORMAN

Phone

9727388587

Tax Period

2023-01-01 to 2023-12-31

MIDLOTHIAN BASKETBALL LEAGUE INC, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $597K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum.

Mission

MIDLOTHIAN BASKETBALL LEAGUE WAS FOUNDED ON THREE PRINCIPLES: EXCELLENCE, CREATIVITY, INTEGRITY. WITH A VOID OF HIGH QUALITY, RECREATIONAL BASKETBALL PROGRAMS IN THE SOUTHERN DFW, MIDLOTHIAN BASKETBALL LAUNCHED IN 2021. WE PROVIDE AN EXPERIENCE TO PLAYERS, COACHES, AND PARENTS IN OUR OPERATIONS WITH A LEVEL OF EXCELLENCE THROUGHOUT THE SEASON. OUR TEAM FOSTERS CREATIVITY IN ALL ASPECTS OF THE PROGRAM. LAST BUT NOT LEAST, WE MAINTAIN INTEGRITY OPERATIONALLY, RELATIONALLY, AND FINANCIALLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $59,155

Program Service Revenue $492,484

Investment Income $0

Other Revenue $45,084

TOTAL REVENUE $596,723

Expense Breakdown

Grants Paid $550

Salaries & Benefits $129,589

Fundraising Expenses $0

Program Expenses $594,452

Other Expenses $512,891

TOTAL EXPENSES $643,030

Year-over-Year Comparison

	2023	2022	Change
Revenue	$596,723	$369,634	+0.6%
Expenses	$643,030	$322,948	+1.0%
Net Income	$-46,307	$46,686	-2.0%

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

N/A

Employees

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

$59,800

Total Directors

$119,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RILEY PLANTE	DIRECTOR	40.00	Director	$59,800	$0	$59,800
ALLEN MOORMAN	PRESIDENT	40.00	Officer Director	$59,800	$0	$59,800
GRETCHEN HUBER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
KYLE GULLET	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY MUNOZ	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
BRENT EDMINSTER	DIRECTOR	1.00	Director	$0	$0	$0
CORY LUCAS	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
2024	No data	No data	No data	No data
2023	$596,723	$643,030	$38,914	$-46,307
2022	$369,634	$322,948	$46,686	$46,686

MIDLOTHIAN BASKETBALL LEAGUE INC