FRANKLIN SKI & OUTING CLUB INC (EIN 010219222) - 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

DAVID SPENCINER

Phone

2077789031

Tax Period

2024-01-01 to 2024-12-31

FRANKLIN SKI & OUTING CLUB INC, founded in 1973, is a small nonprofit in the Recreation & Sports sector that reported $216K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $370K exceeded revenue, resulting in a 71% operating deficit.

Mission

THE MISSION STATEMENT OF THE CLUB SHALL BE TO PROVIDE OPPORTUNITIES FOR INSTRUCTION, COACHING, TRAINING, AND ENJOYMENT FOR ALPINE SKIING, SNOWBOARDING, NORDIC SKIING, AND OTHER RECREATIONAL ACTIVITIES UNDERTAKEN AT THE TITCOMB MOUNTAIN RECREATIONAL AREA THAT IS OWNED AND OPERATED BY FRANKLIN SKI AND OUTING CLUB, INC.

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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 $53,532

Program Service Revenue $142,499

Investment Income $2,056

Other Revenue $18,096

TOTAL REVENUE $216,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $184,899

Fundraising Expenses $4,960

Program Expenses $365,022

Other Expenses $185,083

TOTAL EXPENSES $369,982

Year-over-Year Comparison

	2024	2023	Change
Revenue	$216,183	$373,519	-0.4%
Expenses	$369,982	$432,703	-0.1%
Net Income	$-153,799	$-59,184	+1.6%

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

287

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

$93,584

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT SWAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS DEMARCO	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DAVID SPENCINER	TREASURER	2.00	Officer Director	$0	$0	$0
LISA ELLRICH	SECRETARY	2.00	Officer Director	$0	$0	$0
GARRED STRICKLAND	DIRECTOR	2.00	Director	$0	$0	$0
DIANE KRUCHKROW	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS RILEY	DIRECTOR	2.00	Director	$0	$0	$0
BEN GEISSINGER	DIRECTOR	2.00	Director	$0	$0	$0
JOSHUA DERASPE	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN DONOGHUE	DIRECTOR	2.00	Director	$0	$0	$0
NORA MCCOURT	JUNIOR DIREC	2.00	Director	$0	$0	$0
MATT WOTTON	APPOINTED DI	2.00	Director	$0	$0	$0
TONY RAMSAY	APPOINTED DI	2.00	Director	$0	$0	$0
NATE YEATON	APPOINTED DI	2.00	Director	$0	$0	$0
DICK FORSTER	APPOINTED DI	2.00	Director	$0	$0	$0
ANDREW WILLIHAN	APPOINTED DI	2.00	Director	$0	$0	$0
ANGELA NORTON	CO-MANAGER O	40.00	Officer	$30,118	$0	$30,118
TIM NORTON	CO-MGR OF OP	40.00	Officer	$46,710	$0	$46,710
BARRETT M EVANS	CO-MANAGER O	40.00	Officer	$16,756	$0	$16,756

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	$216,183	$369,982	$248,889	$-153,799
2023	$373,519	$432,703	$401,551	$-59,184
2022	$582,296	$570,896	$494,836	$11,400
2021	$695,699	$414,277	$500,310	$281,422
2020	$381,948	$380,711	$230,741	$1,237

FRANKLIN SKI & OUTING CLUB INC