THE TOWER CLUB OF PRINCETON UNIVERSITY (EIN 210730244) - 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

1902

Legal Domicile

Principal Officer

GREG BERZOLLA

Phone

6099240473

Tax Period

2022-07-01 to 2023-06-30

THE TOWER CLUB OF PRINCETON UNIVERSITY, founded in 1902, is a community nonprofit in the Recreation & Sports sector that reported $2.2M in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $331K, a strong 15% operating margin.

Mission

TO PROVIDE FOOD, SOCIAL AND EDUCATIONAL ACTIVITIES TO ITS MEMBERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,089,284

Investment Income $77,694

Other Revenue $1,210

TOTAL REVENUE $2,168,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $627,807

Fundraising Expenses $0

Other Expenses $1,209,448

TOTAL EXPENSES $1,837,255

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,168,188	$2,528,530	-0.1%
Expenses	$1,837,255	$2,069,716	-0.1%
Net Income	$330,933	$458,814	-0.3%

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

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
DAVID WOFFINDIN	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL MATEJEK	TRUSTEE	1.00	Director	$0	$0	$0
FRANK MIRABELLO	TRUSTEE	1.00	Director	$0	$0	$0
GREGORY BERZOLLA	CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM RYAN	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES B HUGHES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JONATHAN FERNANDEZ	TRUSTEE	1.00	Director	$0	$0	$0
PAUL YAKULIS	TRUSTEE	1.00	Director	$0	$0	$0
CHARLIE SWIFT	TRUSTEE	1.00	Director	$0	$0	$0
RACHEL MACAULAY	TRUSTEE	1.00	Director	$0	$0	$0
JAMES HAYES	GENERAL MANAGER	40.00	Highest	$112,450	$0	$112,450

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	No data	No data	No data	No data
2023	$2,168,188	$1,837,255	$5,177,183	$330,933
2022	$2,528,530	$2,069,716	$4,763,749	$458,814
2021	$609,106	$724,983	$4,442,617	$-115,877

THE TOWER CLUB OF PRINCETON UNIVERSITY