GLOUCESTER FRATERNITY CLUB INC (EIN 046166376) - 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

Phone

9786757019

Tax Period

2024-01-01 to 2024-12-31

GLOUCESTER FRATERNITY CLUB INC, founded in 1923, is a small nonprofit that reported $509K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

A neighborhood social club that provides recreational activities and dining to its members.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,820

Program Service Revenue $36,725

Investment Income $0

Other Revenue $465,468

TOTAL REVENUE $509,013

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,874

Fundraising Expenses $0

Program Expenses $0

Other Expenses $440,501

TOTAL EXPENSES $527,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$509,013	$414,287	+0.2%
Expenses	$527,375	$449,308	+0.2%
Net Income	$-18,362	$-35,021	-0.5%

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

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

$16,720

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gary Grimes	Director	10.00	Officer	$0	$0	$0
Christopher Silva	President	10.00	Officer	$16,720	$0	$16,720
Ralph Pierce	Clerk	10.00	Officer	$0	$0	$0
Christopher Markuson	Treasurer	20.00	Officer	$0	$0	$0
Helder Silva	Director	10.00	Officer	$0	$0	$0
Stephen Goulart	Director	10.00	Officer	$0	$0	$0
Mario Brancaleone	Director	10.00	Officer	$0	$0	$0
Leo Francis	Vice President	10.00	Officer	$0	$0	$0
Darren Marques	Director	10.00	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	$509,013	$527,375	$155,525	$-18,362
2023	$414,287	$449,308	$173,887	$-35,021
2022	$392,311	$418,840	$208,908	$-26,529
2021	$548,233	$572,998	$235,437	$-24,765
2020	$354,567	$406,278	$240,522	$-51,711
2019	$491,034	$492,193	$263,705	$-1,159

GLOUCESTER FRATERNITY CLUB INC