Spednic Club Inc (EIN 010243451) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

JR Gibson

Phone

2074276057

Tax Period

2018-05-01 to 2019-04-30

Spednic Club Inc is a tax-exempt nonprofit with EIN 010243451, based in Baileyville, ME. Founded in 1954, the organization files IRS Form 990 and reported its most recent data for fiscal year 2018. In that period, it reported $91,159 in total revenue and $96,211 in total expenses, with net assets of $-31,053.

Mission

A social club that provides recreation fellowship, and social interaction to its members while also acting on their concern for the welfare of the community.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $4,357

Program Service Revenue $16,489

Investment Income $41,116

Other Revenue $29,197

TOTAL REVENUE $91,159

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,202

Fundraising Expenses $0

Other Expenses $65,009

TOTAL EXPENSES $96,211

Year-over-Year Comparison

	2018	2017	Change
Revenue	$91,159	$90,739	+0.0%
Expenses	$96,211	$87,759	+0.1%
Net Income	$-5,052	$2,980	-2.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jerry Crosby	President	8.00	Officer	$0	$0	$0
Lori Seeley	Vice President	3.00	Officer	$0	$0	$0
Frank Crosby	Secretary	2.00	Officer	$0	$0	$0
JR Gibson	Treasurer	4.00	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
2019	$91,159	$96,211	$8,511	$-5,052

Spednic Club Inc