Local 37 Inc (EIN 050564851) - 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

2001

Legal Domicile

Principal Officer

Steve Stadtman

Tax Period

2023-01-01 to 2023-12-31

Local 37 Inc, founded in 2001, is a small nonprofit that reported $146K in total revenue in fiscal year 2023.

Mission

Lake club providing recreational and social activities for its members and their families. We also assist the community in sponsoring educational, patriotic and civic enterprises which promote interest and safety in Lake Springfield and its various water 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 $1,127

Program Service Revenue $0

Investment Income $0

Other Revenue $144,549

TOTAL REVENUE $145,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $136,841

Other Expenses $159,346

TOTAL EXPENSES $159,346

Year-over-Year Comparison

	2023	2022	Change
Revenue	$145,676	$148,005	0.0%
Expenses	$159,346	$154,634	+0.0%
Net Income	$-13,670	$-6,629	+1.1%

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

N/A

Volunteers

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	Role	Reportable Comp	Other Comp	Total
Cindy Fischer	Director	Director	$0	$0	$0
Mike Adams	Director	Director	$0	$0	$0
Carl Hinman	Director	Director	$0	$0	$0
Jeff Stanley	Director	Director	$0	$0	$0
Paul Byers	Director	Director	$0	$0	$0
Bill Gutman	Director	Director	$0	$0	$0
Rick Weaver	Director	Director	$0	$0	$0
Troy Snyder	Director	Director	$0	$0	$0
Bill Reynolds	Director	Director	$0	$0	$0
Brad Miller	Director	Director	$0	$0	$0
Mike Canny	Director	Officer Director	$0	$0	$0
Dennis Kelly	Treasurer	Officer	$0	$0	$0
Deb Davis	Vice-President	Officer	$0	$0	$0
Debbie Smith	Secretary	Officer	$0	$0	$0
Steve Stadtman	President	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
2023	$145,676	$159,346	$452,073	$-13,670
2022	$148,005	$154,634	$470,878	$-6,629
2021	$94,736	$128,754	$487,492	$-34,018
2020	$62,228	$146,811	$524,017	$-84,583
2019	$188,396	$186,298	$550,993	$2,098

Local 37 Inc