LAKE QUASSAPAUG SPORTSMANS CLUB (EIN 061362233) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

James Korowotny

Phone

8609191287

Tax Period

2022-01-01 to 2022-12-31

LAKE QUASSAPAUG SPORTSMANS CLUB, founded in 1993, is a micro nonprofit that reported $77K in total revenue in fiscal year 2022. Expenses of $69K left a modest 9% surplus.

Mission

There are 175 members. Each member is encouraged to practice sound conservation and catch and release.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $76,493

Program Service Revenue $0

Investment Income $101

Other Revenue $0

TOTAL REVENUE $76,594

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $69,318

TOTAL EXPENSES $69,318

Year-over-Year Comparison

	2022	2021	Change
Revenue	$76,594	$76,225	+0.0%
Expenses	$69,318	$64,264	+0.1%
Net Income	$7,276	$11,961	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
James Hennessey	Director	1	Director	$0	$0	$0
Keith Winslow	Director	1	Director	$0	$0	$0
Rick Smith	Director	1	Director	$0	$0	$0
Tim Reilly	Director	1	Director	$0	$0	$0
Ed Korowotny	Director	1	Director	$0	$0	$0
James Korowotny	President	3	Officer	$0	$0	$0
Ronald DePinho	Vice President	3	Officer	$0	$0	$0
David Messina	Treasurer	3	Officer	$0	$0	$0
Eric Schenfield	Secretary	3	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
2022	$76,594	$69,318	$368,402	$7,276
2021	$76,225	$64,264	$342,285	$11,961
2020	$67,746	$78,986	$330,324	$-11,240

LAKE QUASSAPAUG SPORTSMANS CLUB