ITALIAN SOCIAL CLUB OF ROCKVILLE INC (EIN 060401908) - 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

1933

Legal Domicile

Principal Officer

MATT FISCHER

Phone

8608759540

Tax Period

2023-01-01 to 2023-12-31

ITALIAN SOCIAL CLUB OF ROCKVILLE INC, founded in 1933, is a small nonprofit in the Recreation & Sports sector that reported $147K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $127K left a modest 13% surplus.

Mission

ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS A SOCIAL CLUB FOR MEMBERS ONLY

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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 $32,577

Program Service Revenue $0

Investment Income $0

Other Revenue $114,138

TOTAL REVENUE $146,715

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $127,072

TOTAL EXPENSES $127,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$146,715	$112,349	+0.3%
Expenses	$127,072	$101,962	+0.2%
Net Income	$19,643	$10,387	+0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT FISCHER	PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL CHARETTE	AUDIT	1.00	Officer Director	$0	$0	$0
DONNA CHARETTE	TRUSTEE/BAR	1.00	Director	$0	$0	$0
HENRY STOLARZ	TRUSTEE	1.00	Director	$0	$0	$0
DEAN LAREAU	TRUSTEE	1.00	Director	$0	$0	$0
PAUL GAGNE	DUES	1.00	Director	$0	$0	$0
PAUL FITZGERALD	HOUSE	1.00	Director	$0	$0	$0
KAREN DODGE	TREASURER	1.00	Officer Director	$0	$0	$0
KEITH JONES	TRUSTEE	1.00	Director	$0	$0	$0
ED RICHARD	VICE PRESIDENT	1.00	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	$146,715	$127,072	$51,012	$19,643
2022	$112,349	$101,962	$33,736	$10,387
2021	$101,186	$100,257	$23,016	$929
2020	$52,674	$67,356	$21,862	$-14,682
2019	$108,098	$143,997	$6,610	$-35,899
2018	$126,072	$147,044	$6,189	$-20,972

ITALIAN SOCIAL CLUB OF ROCKVILLE INC