RIDGEFIELD BASKETBALL ASSN INC

EIN: 061495256 501(c)(3) Recreation & Sports

RIDGEFIELD, CT

Total Revenue
$498,880
Total Expenses
$533,434
Total Assets
$82,674
Net Assets
$82,674
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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
1998
Legal Domicile
CT
Principal Officer
A J ROMEO
Phone
2038941523
Tax Period
2022-09-01 to 2023-08-31

RIDGEFIELD BASKETBALL ASSN INC, founded in 1998, is a small nonprofit in the Recreation & Sports sector that reported $499K in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

COMMUNITY BASKETBALL INSTRUCTIONAL PROGRAM

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $498,812
Investment Income $68
Other Revenue $0
TOTAL REVENUE $498,880

Expense Breakdown

Grants Paid $16,749
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $518,741
Other Expenses $516,685
TOTAL EXPENSES $533,434

Year-over-Year Comparison

2022 2021 Change
Revenue $498,880 $445,659 +0.1%
Expenses $533,434 $467,228 +0.1%
Net Income $-34,554 $-21,569 +0.6%
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

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Governance

Voting Members
15
Independent Members
13
Employees
N/A
Volunteers
90

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
2
$11,345
Total Directors
15
$104,435
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW MCCLELLAN BOARD MEM 4.00
Director
$56,932 $0 $56,932
A J ROMEO PRESIDENT 4.00
Officer Director
$11,345 $0 $11,345
DAVE MACK BOARD MEMBER 3.00
Director
$0 $0 $0
TERRY HASTINGS BOARD MEMBER 1.00
Director
$0 $0 $0
HAROLD MOROKNEK BOARD MEMBER 4.00
Director
$0 $0 $0
RON NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS FLYNN BOARD MEMBER 4.00
Director
$550 $0 $550
PAUL WEISKOPF BOARD MEMBER 3.00
Director
$0 $0 $0
ERINN MCGARRITY BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES KLOSOWSKI TREASURER 3.00
Officer Director
$0 $0 $0
ROB COLONEY BOARD MEMBER 1.00
Director
$35,608 $0 $35,608
MEGAN LIVOLSI BOARD MEMBER 3.00
Director
$0 $0 $0
CHRIS MATHEWS BOARD MEMBER 3.00
Director
$0 $0 $0
NORA FORD BOARD MEMBER 3.00
Director
$0 $0 $0
KRISTEN TIERNEY BOARD MEMBER 3.00
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 $498,880 $533,434 $82,674 $-34,554
2022 $445,659 $467,228 $117,228 $-21,569
2021 $130,358 $120,821 $138,797 $9,537
2020 $253,954 $279,564 $129,260 $-25,610
2019 $281,290 $334,485 $154,870 $-53,195
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