CORONA FRIDAY NIGHT LIGHTS FLAG

EIN: 874589662 501(c)(3) Recreation & Sports

CORONA, CA

Total Revenue
$1,772,685
Total Expenses
$1,584,497
Total Assets
$1,178,558
Net Assets
$456,506
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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
2022
Legal Domicile
CA
Phone
5627565307
Tax Period
2025-01-01 to 2025-12-31

CORONA FRIDAY NIGHT LIGHTS FLAG, founded in 2022, is a community nonprofit in the Recreation & Sports sector that reported $1.8M in total revenue in fiscal year 2025. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 11% surplus.

Mission

COMPETETIVE FLAG FOOTBALL LEAGUE AND CHEERLEADING FOR BOYS AND GIRLS GRADES K-10.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,772,685
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,772,685

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,515,590
Other Expenses $1,584,497
TOTAL EXPENSES $1,584,497

Year-over-Year Comparison

2025 2024 Change
Revenue $1,772,685 $1,286,601 +0.4%
Expenses $1,584,497 $1,082,454 +0.5%
Net Income $188,188 $204,147 -0.1%
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
2
Independent Members
N/A
Employees
N/A
Volunteers
100

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK BROERSMA CEO 10.00
Officer
$0 $0 $0
CHRIS KETCHAM CFO 10.00
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
2025 $1,772,685 $1,584,497 $1,178,558 $188,188
2024 $1,286,601 $1,082,454 $902,597 $204,147
2023 $202,719 $173,563 $155,209 $29,156
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