SPRING LAKE MEMORIAL COMMUNITY HOUSE (EIN 216017608) - 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

1923

Legal Domicile

Principal Officer

PATRICIA BARRY

Phone

7324494530

Tax Period

2023-01-01 to 2023-12-31

SPRING LAKE MEMORIAL COMMUNITY HOUSE, founded in 1923, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023.

Mission

THE COMMUNITY HOUSE WAS ESTABLISHED FOR THE PURPOSE OF FURTHERING APPRECIATION OF THEATER, MUSIC AND ART WHILE PROVIDING CLASSES FOR EDUCATIONAL NEEDS, AND OTHER COMMUNITY

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $265,766

Program Service Revenue $1,292,293

Investment Income $64,872

Other Revenue $111,511

TOTAL REVENUE $1,734,442

Expense Breakdown

Grants Paid $8,000

Salaries & Benefits $614,939

Fundraising Expenses $0

Program Expenses $1,400,393

Other Expenses $1,168,725

TOTAL EXPENSES $1,791,664

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,734,442	$1,639,750	+0.1%
Expenses	$1,791,664	$1,687,243	+0.1%
Net Income	$-57,222	$-47,493	+0.2%

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

Employees

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

$183,000

Total Directors

$183,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA BARRY	EXEC. DIRECTOR	40.00	Officer Director Highest	$80,000	$0	$80,000
MICHAEL SCOTTO	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
JOHN GONTKOF	TREASURER	0.00	Officer Director	$0	$0	$0
ANDREW DAGOSTINO	CHIEF ADMIN OFFICER	40.00	Officer Director	$103,000	$0	$103,000
MICHAEL KONCZYK	TRUSTEE	0.00	Director	$0	$0	$0
JOHN RIZZO	TRUSTEE	0.00	Director	$0	$0	$0
HELEN MOTZENBECKER	TRUSTEE	0.00	Director	$0	$0	$0
MICHAEL CAGGIANO	TRUSTEE	0.00	Director	$0	$0	$0
ROBERT MCKELVEY	TRUSTEE	0.00	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
2024	No data	No data	No data	No data
2023	$1,734,442	$1,791,664	$1,821,857	$-57,222
2022	$1,639,750	$1,687,243	$1,824,109	$-47,493
2021	$2,141,352	$1,402,093	$2,012,822	$739,259
2020	$1,039,436	$1,006,991	$1,275,084	$32,445

SPRING LAKE MEMORIAL COMMUNITY HOUSE