Los Gatos Athletic Association Inc (EIN 942544024) - 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

1973

Legal Domicile

Principal Officer

E Bruce Springbett

Phone

4083952002

Tax Period

2019-03-01 to 2020-02-29

Los Gatos Athletic Association Inc, founded in 1973, is a small nonprofit that reported $356K in total revenue in fiscal year 2019. The organization ran a surplus of $65K, a strong 18% operating margin.

Mission

THE GOALS OF THE LOS GATOS ATHLETIC ASSOCIATION ARE TO PROVIDE ATHELTIC EVENTS, RECREATIONAL ACTIVITIES AND OTHER APPROPRIATE FUNCTIONS THAT PROMOTE THE PURPOSES OF THE ORGANIZATION; TO RAISE FUNDS FOR SPONSORING, PROMOTING, AND PRODUCING ACTIVITIES AND EVENTS RELATED TO THE PURPOSES OF THE ORGANIZATION; AND TO EXPEND FUNDS FOR THE OPERATION OF ACTIVITIES CONSISTENT WITH THE PURPOSES OF THE ORGANIZATION.THE PURPOSE OF THE LOS GATOS ATHLETIC ASSOCIATION IS TO PROMOTE PHYSICAL FITNESS AND THE CONCEPT OF INDIVIDUAL RESPONSIBILITY FOR ONE'S HEALTH, AS IMPORTANT CONDITIONS FOR DEVELOPING HEALTHY AND SUCCESSFUL LIVES; AND TO PROVIDE AN ORGANIZATION THAT AFFORDS AN OPPORTUNITY FOR LOS GATOS AND AREA RESIDENTS TO BECOME ACTIVE PARTICIPANTS IN COMMUNITY ACTIVITIES PROMOTING FITNESS AND RESPONSIBILITY TO ONE'S HEALTH.

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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 (2019)

Revenue Breakdown

Contributions & Grants $89,710

Program Service Revenue $0

Investment Income $0

Other Revenue $266,269

TOTAL REVENUE $355,979

Expense Breakdown

Grants Paid $187,947

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $286,082

Other Expenses $102,537

TOTAL EXPENSES $290,484

Year-over-Year Comparison

	2019	2018	Change
Revenue	$355,979	$373,409	0.0%
Expenses	$290,484	$384,031	-0.2%
Net Income	$65,495	$-10,622	-7.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
E Bruce Springbett	President	6.00	Officer Director	$0	$0	$0
William Frey	Secretary	6.00	Officer Director	$0	$0	$0
Monica Kirkorian	Treasurer	10.00	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
2020	$355,979	$290,484	$479,591	$65,495
2019	$373,409	$384,031	$414,096	$-10,622
2018	$498,294	$510,681	$424,718	$-12,387

Los Gatos Athletic Association Inc