Portland Olympic Club Inc (EIN 010498100) - 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

2002

Legal Domicile

Principal Officer

G Robert Russo

Phone

2077610975

Tax Period

2024-01-01 to 2024-12-31

Portland Olympic Club Inc, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $210K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

Training men and women as competitors in World Olympics.

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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 $98,099

Program Service Revenue $106,302

Investment Income $6,060

Other Revenue $0

TOTAL REVENUE $210,461

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,838

Program Expenses $192,711

Other Expenses $213,372

TOTAL EXPENSES $213,372

Year-over-Year Comparison

	2024	2023	Change
Revenue	$210,461	$229,967	-0.1%
Expenses	$213,372	$178,632	+0.2%
Net Income	$-2,911	$51,335	-1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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	Role	Reportable Comp	Other Comp	Total
G Robert Russo	President	Officer	$0	$0	$0
Durward Ferland	Treasurer	Officer	$0	$0	$0
Ivan Papkee	Secretary	Officer	$0	$0	$0
Jennifer Riggle	Clerk	Officer	$0	$0	$0
Lee Bals	Director	Director	$0	$0	$0
Jeff Quirk	Director	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	$210,461	$213,372	$229,913	$-2,911
2023	$229,967	$178,632	$232,824	$51,335
2022	$205,394	$179,696	$187,004	$25,698
2021	$209,325	$148,290	$161,306	$61,035

Portland Olympic Club Inc