LE CLUB ALPIN DE RAQUETTEURS INC

EIN: 020119905 Recreation & Sports

MANCHESTER, NH

Total Revenue
$432,349
Total Expenses
$362,802
Total Assets
$393,742
Net Assets
$378,934
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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
1927
Legal Domicile
NH
Principal Officer
NORMAN GAMACHE
Tax Period
2022-04-01 to 2023-03-31

LE CLUB ALPIN DE RAQUETTEURS INC, founded in 1927, is a small nonprofit in the Recreation & Sports sector that reported $432K in total revenue in fiscal year 2022. The organization ran a surplus of $70K, a strong 16% operating margin.

Mission

SOCIAL CLUB DEDICATED TO THE PROMOTION OF SNOWSHOE ACTIVITIES AND OTHER SOCIAL/RECREATIONAL ACTIVITIES FOR ITS MEMBERS.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $11,975
Program Service Revenue $0
Investment Income $0
Other Revenue $420,374
TOTAL REVENUE $432,349

Expense Breakdown

Grants Paid $0
Salaries & Benefits $144,715
Fundraising Expenses $0
Program Expenses $362,802
Other Expenses $218,087
TOTAL EXPENSES $362,802

Year-over-Year Comparison

2022 2021 Change
Revenue $432,349 $403,776 +0.1%
Expenses $362,802 $336,029 +0.1%
Net Income $69,547 $67,747 +0.0%
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

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Governance

Voting Members
9
Independent Members
N/A
Employees
18
Volunteers
N/A

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
3
$4,800
Total Directors
3
$4,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORMAN GAMACHE PRESIDENT 016.00
Officer
$4,800 $0 $4,800
MARK DOUCET DIRECTOR 008.00
Director
$4,450 $0 $4,450
GERALD NOEL DUES 002.00
Director
$0 $0 $0
PAUL CAMIRE SPORTS DIRECTOR 006.00
Director
$0 $0 $0
ROBERT DROUIN VICE PRES 008.00
Officer
$0 $0 $0
PAUL BELIVEAU TREASURER 002.00
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
2023 $432,349 $362,802 $393,742 $69,547
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