ST JOSEPH YOUTH SPORTS FOUNDATION

EIN: 873941290 501(c)(3) Recreation & Sports

ST JOSEPH, MI

Total Revenue
$273,360
Total Expenses
$3,066
Total Assets
$380,001
Net Assets
$379,996
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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
MI
Principal Officer
NANCI FENRICK
Phone
2698452595
Tax Period
2024-01-01 to 2024-12-31

ST JOSEPH YOUTH SPORTS FOUNDATION, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $273K in total revenue in fiscal year 2024. Revenue surged 139% from the prior year, signaling strong growth momentum. The organization ran a surplus of $270K, a strong 99% operating margin.

Mission

RAISE FUNDS TO BUILD PARKS, WALKING TRAILS, ATHLETIC FIELDS, MAKING FACILITIES HANDICAP ACCESSIBLE, AND IMPROVEMENTS TO EXISTING FACILITIES IN OUR COMMUNITY.

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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 $264,973
Program Service Revenue $0
Investment Income $1,958
Other Revenue $6,429
TOTAL REVENUE $273,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $3,066
TOTAL EXPENSES $3,066

Year-over-Year Comparison

2024 2023 Change
Revenue $273,360 $114,142 +1.4%
Expenses $3,066 $7,160 -0.6%
Net Income $270,294 $106,982 +1.5%
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
3
Employees
N/A
Volunteers
4

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE SCHMITT PRESIDENT 2.00
Officer Director
$0 $0 $0
VERONICA JACKSON VICE PRESIDE 2.00
Officer Director
$0 $0 $0
NANCI FENRICK SECRETARY/TR 2.00
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
2024 $273,360 $3,066 $380,001 $270,294
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