PORTUGUESE CLUB OF HARTFORD INC (EIN 060763111) - 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

1927

Legal Domicile

Principal Officer

RUI SILVA

Phone

8607301927

Tax Period

2024-01-01 to 2024-12-31

PORTUGUESE CLUB OF HARTFORD INC, founded in 1927, is a small nonprofit that reported $354K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $330K left a modest 7% surplus.

Mission

COMMUNITY SOCIAL CLUB

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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 $271,635

Program Service Revenue $4,561

Investment Income $16,015

Other Revenue $61,600

TOTAL REVENUE $353,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $329,677

Other Expenses $329,677

TOTAL EXPENSES $329,677

Year-over-Year Comparison

	2024	2023	Change
Revenue	$353,811	$403,945	-0.1%
Expenses	$329,677	$386,650	-0.1%
Net Income	$24,134	$17,295	+0.4%

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

510

Independent Members

510

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUI SILVA	PRESIDENT	30.00	Officer	$0	$0	$0
FELIPE MARTINS	SECRETARY	30.00	Officer	$0	$0	$0
DAVID FREITAS	TREASURER	30.00	Officer	$0	$0	$0
ANTONIO D NASCIMENTO	TREASURER	15.00	Officer	$0	$0	$0
ANDREW ELVAS	SECRETARY	25.00	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	$353,811	$329,677	$2,438,524	$24,134
2023	$403,945	$386,650	$3,473,016	$17,295
2022	$210,347	$153,322	$2,352,607	$57,025
2021	$128,102	$104,109	$2,285,125	$23,993
2020	$165,991	$42,253	$2,231,992	$123,738
2019	$58,121	$65,736	$2,061,488	$-7,615
2018	$126,667	$108,650	$705,083	$18,017

PORTUGUESE CLUB OF HARTFORD INC