FRANCO AMERICAN SOCIAL CLUB INC (EIN 060352250) - 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

1918

Legal Domicile

Principal Officer

WILL ANTON

Phone

2035254736

Tax Period

2023-01-01 to 2023-12-31

FRANCO AMERICAN SOCIAL CLUB INC, founded in 1918, is a micro nonprofit that reported $55K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $78K exceeded revenue, resulting in a 41% operating deficit.

Mission

SOCIAL CLUB FOR PEOPLE OF FRENCH DESCENT.

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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 $3,008

Program Service Revenue $3,756

Investment Income $1,780

Other Revenue $46,854

TOTAL REVENUE $55,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,874

Fundraising Expenses $0

Other Expenses $57,298

TOTAL EXPENSES $78,172

Year-over-Year Comparison

	2023	2022	Change
Revenue	$55,398	$64,453	-0.1%
Expenses	$78,172	$85,062	-0.1%
Net Income	$-22,774	$-20,609	+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

$4,071

Total Directors

$14,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM ANTON	PRESIDENT	8.00	Officer	$0	$0	$0
MARIO FUSCO	VICE PRESIDENT	8.00	Officer	$0	$0	$0
JOYCE SHEEDY	FINANCIAL SECRETARY	16.00	Officer	$2,400	$0	$2,400
KIMBERLY MCCORMACK	TREASURER	8.00	Officer	$1,671	$0	$1,671
DONALD MENCIO	HONARARY PRESIDENT	8.00	Officer	$0	$0	$0
CYNTHIA CREEM	SECRETARY	8.00	Officer	$0	$0	$0
KEVIN LINCOLN	DIRECTOR	8.00	Director	$0	$0	$0
MAUREEN NOLAN	DIRECTOR	24.00	Director	$12,773	$0	$12,773
JAMES BUCHANAN	DIRECTOR	8.00	Director	$1,547	$0	$1,547
ROSIE BUCHANAN	DIRECTOR	8.00	Director	$0	$0	$0
CRAIG CANTIN	DIRECTOR	8.00	Director	$0	$0	$0
WILLIAM MCCORMACK	DIRECTOR	8.00	Director	$0	$0	$0
JOHN GREGUOLI	DIRECTOR	8.00	Director	$0	$0	$0
MARYANN PERRI	DIRECTOR	8.00	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
2023	$55,398	$78,172	$86,992	$-22,774
2022	$64,453	$85,062	$108,606	$-20,609
2021	$201,028	$77,870	$129,215	$123,158
2020	$50,663	$106,988	$60,658	$-56,325
2019	$96,744	$94,719	$66,872	$2,025
2018	$127,327	$132,084	$71,024	$-4,757

FRANCO AMERICAN SOCIAL CLUB INC