FALMOUTH ROAD RACE INC (EIN 042676136) - 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

1980

Legal Domicile

Principal Officer

SCOTT GHELFI

Phone

5085407000

Tax Period

2023-04-01 to 2024-03-31

FALMOUTH ROAD RACE INC, founded in 1980, is a community nonprofit in the Recreation & Sports sector that reported $2.6M in total revenue in fiscal year 2023. Expenses of $2.5M left a modest 4% surplus.

Mission

THE ORGANIZATION IS COMMITTED TO POSITIVELY IMPACTING INDIVIDUALS AND BUSINESSES IN THE TOWN OF FALMOUTH THROUGH CONSISTENT INVOLVEMENT WITH THE COMMUNITY AND ANNUAL PHILANTHROPIC GIVING. THE ORGANIZATION PROMOTES HEALTH AND FITNESS THROUGH COMMUNITY PROGRAMS AND ITS ANNUAL ROAD RACE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,185,756

Program Service Revenue $1,449,168

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,634,924

Expense Breakdown

Grants Paid $502,171

Salaries & Benefits $334,044

Fundraising Expenses $0

Program Expenses $2,327,482

Other Expenses $1,688,855

TOTAL EXPENSES $2,525,070

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,634,924	$2,526,898	+0.0%
Expenses	$2,525,070	$2,489,384	+0.0%
Net Income	$109,854	$37,514	+1.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT GHELFI	PRESIDENT	10.00	Officer Director	$0	$0	$0
JULENE AUGUSTA	TREASURER	1.00	Officer Director	$0	$0	$0
DONNA TOCCI	CLERK	1.00	Officer Director	$0	$0	$0
ROBERT ANTONUCCI	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CARL F CAVOSSA	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS WATSON	DIRECTOR	1.00	Director	$0	$0	$0
JASON CULLINANE	DIRECTOR	1.00	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	$2,634,924	$2,525,070	$1,853,341	$109,854
2023	$2,526,898	$2,489,384	$1,579,423	$37,514
2022	$1,811,771	$1,686,087	$1,539,908	$125,684
2021	$1,068,140	$1,522,941	$1,219,938	$-454,801
2020	$2,169,122	$2,051,628	$1,896,876	$117,494
2019	$1,985,062	$1,831,089	$1,611,197	$153,973

FALMOUTH ROAD RACE INC