GREMIO LUSITANO CLUB INC (EIN 046136810) - 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

1923

Legal Domicile

Principal Officer

CELSO CORREIRA

Phone

4135838398

Tax Period

2023-01-01 to 2023-12-31

GREMIO LUSITANO CLUB INC, founded in 1923, is a small nonprofit that reported $553K in total revenue in fiscal year 2023. Expenses of $487K left a modest 12% surplus.

Mission

TO PROVIDE A MEETING PLACE FOR BANQUETS, WEDDINGS AND RECREATIONAL ACTIVITIES

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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 $95,550

Program Service Revenue $0

Investment Income $9,948

Other Revenue $447,124

TOTAL REVENUE $552,622

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,468

Fundraising Expenses $0

Program Expenses $459,228

Other Expenses $394,348

TOTAL EXPENSES $486,816

Year-over-Year Comparison

	2023	2022	Change
Revenue	$552,622	$556,559	0.0%
Expenses	$486,816	$475,639	+0.0%
Net Income	$65,806	$80,920	-0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BETTENCOURT	DIRECTOR	N/A	Director	$0	$0	$0
CELSO CORREIRA	PRESIDENT	N/A	Officer Director	$0	$0	$0
DAVID FERNANDES	TREASURER	N/A	Officer Director	$0	$0	$0
MARIA FERREIRA	DIRECTOR	N/A	Director	$0	$0	$0
JOSE GOMES	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
FEDERICO GRELHA	DIRECTOR	N/A	Director	$0	$0	$0
MANUEL LANEIRO	DIRECTOR	N/A	Director	$0	$0	$0
AVELINO MIRANDA	DIRECTOR	N/A	Director	$0	$0	$0
JASON MOURAO	CLERK	N/A	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
2024	No data	No data	No data	No data
2023	$552,622	$486,816	$2,900,994	$65,806
2022	$556,559	$475,639	$2,956,829	$80,920
2021	$458,558	$370,725	$3,018,828	$87,833
2020	$267,248	$290,686	$3,028,459	$-23,438
2019	$455,520	$438,679	$3,095,545	$16,841
2018	$510,150	$477,831	$3,180,051	$32,319

GREMIO LUSITANO CLUB INC