TENAKILL SWIM CLUB INC

EIN: 221719541 Recreation & Sports

Tenafly, NJ

Total Revenue
$8,005
Total Expenses
$23,839
Total Assets
$328,900
Net Assets
$-126,073
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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
1973
Legal Domicile
NJ
Tax Period
2020-01-01 to 2020-12-31

TENAKILL SWIM CLUB INC, founded in 1973, is a micro nonprofit in the Recreation & Sports sector that reported $8K in total revenue in fiscal year 2020. Expenses of $24K exceeded revenue, resulting in a 198% operating deficit.

Mission

TO PROVIDE A RECREATIONAL SERVICE TP THE RESIDENTS

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $8,005
TOTAL REVENUE $8,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,839
Other Expenses $23,839
TOTAL EXPENSES $23,839

Year-over-Year Comparison

2020 2019 Change
Revenue $8,005 N/A N/A
Expenses $23,839 N/A N/A
Net Income $-15,834 N/A N/A
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
4
Independent Members
5
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOREEN RITACCO-HAWKINS TREASURER 0.00
Officer Director
$0 $0 $0
VALERIE KELLER SECRETARY 0.00
Officer Director
$0 $0 $0
CAROL SILVERMAN-KURTZ PRESIDENT 0.00
Officer Director
$0 $0 $0
DIANA BRICK VICE PRESIDENT 0.00
Officer 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
2020 $8,005 $23,839 $328,900 $-15,834
2019 $247,197 $259,214 $227,921 $-12,017
2018 $211,276 $234,542 $235,528 $-23,266
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