City Schools Sports Association Inc (EIN 883847830) - 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

2022

Legal Domicile

Principal Officer

William Ribeiro

Phone

8455487261

Tax Period

2024-01-01 to 2024-12-31

City Schools Sports Association Inc, founded in 2022, is a small nonprofit in the Youth Development sector that reported $292K in total revenue in fiscal year 2024. Revenue surged 164% from the prior year, signaling strong growth momentum. Expenses of $328K exceeded revenue, resulting in a 12% operating deficit.

Mission

Dedicated to supporting New York City schools by providing them with the necessary resources and facilities to develop a comprehensive extracurricular program focused on interscholastic athletics and performing arts.

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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 (2024)

Revenue Breakdown

Contributions & Grants $30,525

Program Service Revenue $260,116

Investment Income $872

Other Revenue $0

TOTAL REVENUE $291,513

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $97,489

Fundraising Expenses $24,000

Program Expenses $228,238

Other Expenses $229,139

TOTAL EXPENSES $327,628

Year-over-Year Comparison

	2024	2023	Change
Revenue	$291,513	$110,530	+1.6%
Expenses	$327,628	$71,099	+3.6%
Net Income	$-36,115	$39,431	-1.9%

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

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

$68,525

Total Directors

$68,525

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Ribeiro	President	040.00	Officer Director	$62,000	$0	$62,000
Michael Desimone	Treasurer	010.00	Officer Director	$6,525	$0	$6,525
Brendan Kitson	Secretary	005.00	Officer Director	$0	$0	$0
Brian Condon	Director	005.00	Director	$0	$0	$0
Armando Gallardo	Director	005.00	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	$291,513	$327,628	$211,230	$-36,115

City Schools Sports Association Inc