GLASTONBURY GYMNASTICS CLUB PARENTS ORGANIZATION (EIN 061522073) - 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

2010

Legal Domicile

Principal Officer

KATHY JOHNSON

Phone

8603682512

Tax Period

2023-07-01 to 2024-06-30

GLASTONBURY GYMNASTICS CLUB PARENTS ORGANIZATION, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $116K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring.

Mission

TO SUPPORT THE RECREATIONAL ACTIVITY OF COMPETITIVE GYMNASTICS BY GLASTONBURY CHILDREN IN THE TOWN OF GLASTONBURY, AND TO SUPPORT GYMNASTICS ACTIVITIES UNDER THE GLASTONBURY PARKS AND REC DEPT.

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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 $0

Program Service Revenue $116,008

Investment Income $0

Other Revenue $0

TOTAL REVENUE $116,008

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,174

Other Expenses $118,174

TOTAL EXPENSES $118,174

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,008	$211,634	-0.5%
Expenses	$118,174	$164,871	-0.3%
Net Income	$-2,166	$46,763	-1.0%

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

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
KATHY JOHNSON	DIRECTOR	1.00	Officer	$0	$0	$0
DARYL FICHERA	ASSISTANT DIRECTOR	1.00	Officer	$0	$0	$0
ALISHA BROWN	CO-TREASURER	1.00	Officer	$0	$0	$0
KRISTI ACCORNERO	CO-TREASURER	1.00	Officer	$0	$0	$0
DIJANA JOVANOVIC	CONCESSIONS CO-DIRECTOR	1.00	Officer	$0	$0	$0
MICHELLE SERFILLIPPI	CONCESSIONS CO-DIRECTOR	1.00	Officer	$0	$0	$0
JAMIE RODRIGUEZ	HOSPITALITY CO-DIRECTOR	1.00	Officer	$0	$0	$0
GINA LABIANCA	HOSPITALITY CO-DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$116,008	$118,174	$100,713	$-2,166
2023	$211,634	$164,871	$102,879	$46,763

GLASTONBURY GYMNASTICS CLUB PARENTS ORGANIZATION