GRIT Hoops (EIN 874508709) - 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

2023

Legal Domicile

Principal Officer

Jordan Kasemodel

Phone

3072994045

Tax Period

2025-01-01 to 2025-12-31

GRIT Hoops, founded in 2023, is a small nonprofit in the Recreation & Sports sector that reported $184K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

To provide youth basketball programs

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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 (2025)

Revenue Breakdown

Contributions & Grants $183,617

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $183,617

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,033

Fundraising Expenses $0

Program Expenses $183,617

Other Expenses $94,584

TOTAL EXPENSES $183,617

Year-over-Year Comparison

	2025	2024	Change
Revenue	$183,617	$163,331	+0.1%
Expenses	$183,617	$163,331	+0.1%
Net Income	$0	$0	N/A

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

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

$132,000

Total Directors

Key Employees

$46,066

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jordan	Kasemodel	30.00	Officer	$6,000	$0	$12,000
Jared	Kasemodel	50.00	Officer	$60,000	$0	$120,000
Laura	Neal	8.00	Key Emp	$2,500	$0	$5,000
Elizabeth	Campbell	8.00	Key Emp	$7,558	$0	$15,116
Samantha	Jones	8.00	Key Emp	$6,625	$0	$13,250
Jae Lyn	Taft	8.00	Key Emp	$4,100	$0	$8,200
Mark	Jones	8.00	Key Emp	$2,250	$0	$4,500

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	$183,617	$183,617	No data	No data
2024	$163,331	$163,331	No data	No data
2023	$93,778	$81,944	No data	$11,834

GRIT Hoops