READING RIFLE & REVOLVER CLUB INC

EIN: 042401224

READING, MA

Total Revenue
$538,344
Total Expenses
$607,790
Total Assets
$1,028,430
Net Assets
$1,028,430
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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
1981
Legal Domicile
MA
Principal Officer
ROBERT WARD
Phone
7812217253
Tax Period
2022-10-01 to 2023-09-30

READING RIFLE & REVOLVER CLUB INC, founded in 1981, is a small nonprofit that reported $538K in total revenue in fiscal year 2022. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $608K exceeded revenue, resulting in a 13% operating deficit.

Mission

OPERATING A SHOOTING SPORTS FACILITY RANGE FOR SHOTGUN(SKEET-TRAP-SPORTS CLAYS) RIFLE (HIGHPOWER & SMALL) PISTOL & ARCHERY

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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 $0
Program Service Revenue $538,344
Investment Income $0
Other Revenue $0
TOTAL REVENUE $538,344

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $607,790
TOTAL EXPENSES $607,790

Year-over-Year Comparison

2022 2021 Change
Revenue $538,344 $417,280 +0.3%
Expenses $607,790 $171,358 +2.5%
Net Income $-69,446 $245,922 -1.3%
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
4
Independent Members
N/A
Employees
N/A
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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT WARD PRESIDENT N/A
Officer Director
$0 $0 $0
NANCY TROY TREASURER N/A
Officer Director
$0 $0 $0
RICHARD MABARY VICE PRESIDE N/A
Officer Director
$0 $0 $0
JAMES ZINCHUK SECRETARY N/A
Director
$0 $0 $0
ROBERT WARD DIRECTOR N/A
Director
$0 $0 $0
NANCY TROY SECRETARY N/A
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
2023 $538,344 $607,790 $1,028,430 $-69,446
2022 $417,280 $171,358 $961,436 $245,922
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