Laurence W Gannon Building Assoc In (EIN 042755167) - 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

1980

Legal Domicile

Principal Officer

Michael Trombley

Tax Period

2023-01-01 to 2023-12-31

Laurence W Gannon Building Assoc In, founded in 1980, is a small nonprofit that reported $323K in total revenue in fiscal year 2023.

Mission

Furtherance of youth golf

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $322,819

TOTAL REVENUE $322,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,876

Fundraising Expenses $0

Program Expenses $350,902

Other Expenses $290,026

TOTAL EXPENSES $350,902

Year-over-Year Comparison

	2023	2022	Change
Revenue	$322,819	$310,065	+0.0%
Expenses	$350,902	$343,037	+0.0%
Net Income	$-28,083	$-32,972	-0.1%

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

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

$48,639

Total Directors

$6,960

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jason Newhall	Clerk	30.00	Officer	$47,439	$0	$47,439
Robert Cross	Director	10.00	Director	$5,760	$0	$5,760
Patricia Rodrick	Director	1.00	Director	$1,200	$0	$1,200
Joyce Agganis	Treasurer	1.00	Officer	$1,200	$0	$1,200
Paul Gorman	Director	1.00	Director	$0	$0	$0
Michael Trombley	President	1.00	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
2024	No data	No data	No data	No data
2023	$322,819	$350,902	$43,604	$-28,083
2022	$310,065	$343,037	$78,275	$-32,972
2021	$329,274	$326,225	$74,638	$3,049
2020	$166,918	$243,003	$100,841	$-76,085
2019	$251,383	$272,250	$39,604	$-20,867
2018	$222,462	$247,125	$54,464	$-24,663

Laurence W Gannon Building Assoc In