Cold Spring Athletic Club (EIN 041191330) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1933

Legal Domicile

Tax Period

2021-07-01 to 2022-06-30

Cold Spring Athletic Club, founded in 1933, is a small nonprofit that reported $209K in total revenue in fiscal year 2021. Revenue decreased 5% compared to the prior year. Expenses of $230K exceeded revenue, resulting in a 10% operating deficit.

Mission

Social Club

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $38,170

Program Service Revenue $0

Investment Income $17,046

Other Revenue $153,361

TOTAL REVENUE $208,577

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,789

Fundraising Expenses $0

Program Expenses $190,617

Other Expenses $206,711

TOTAL EXPENSES $229,500

Year-over-Year Comparison

	2021	2020	Change
Revenue	$208,577	$220,110	-0.1%
Expenses	$229,500	$170,400	+0.3%
Net Income	$-20,923	$49,710	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$21,000

Total Directors

$21,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sean Grealis	Treasurer	5.00	Officer Director	$19,500	$0	$19,500
Joseph Ottino	Clerk	1.00	Officer Director	$1,500	$0	$1,500
Derek Gundberg	Director	1.00	Director	$0	$0	$0
Thomas Latham	Director	1.00	Director	$0	$0	$0
Mike Barbieri	Director	1.00	Director	$0	$0	$0
Eric Visconti	Director	1.00	Director	$0	$0	$0
Steve Ruemker	Director	1.00	Director	$0	$0	$0
Steve Ruediger	Vice President	1.00	Officer Director	$0	$0	$0
Paul Matinelli	President	1.00	Officer Director	$0	$0	$0
William Wallace	Director	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$208,577	$229,500	$804,603	$-20,923
2021	$220,110	$170,400	$825,718	$49,710
2020	$152,315	$233,156	$776,008	$-80,841
2019	$244,593	$260,577	$856,849	$-15,984
2018	$262,159	$276,384	$872,833	$-14,225

Cold Spring Athletic Club