Union Lake Sailing & Tennis Club (EIN 222068190) - 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

2021

Legal Domicile

Principal Officer

Michael DePalma

Phone

8568259870

Tax Period

2024-01-01 to 2024-12-31

Union Lake Sailing & Tennis Club, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $111K in total revenue in fiscal year 2024. Net assets of $488K represent 53 months of operating reserves.

Mission

To promote the interest in outdoor recreation.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $110,960

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $110,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $113,686

Other Expenses $113,686

TOTAL EXPENSES $113,686

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,960	$109,369	+0.0%
Expenses	$113,686	$110,565	+0.0%
Net Income	$-2,726	$-1,196	+1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Liana Klawitter	Board Member	3.00	Director	$0	$0	$0
Patty Hennessary	Board Member	3.00	Director	$0	$0	$0
Rebecca Toscano	Board Member	3.00	Director	$0	$0	$0
Christine Snyder	Board Member	3.00	Director	$0	$0	$0
Christopher Rivera	Board Member	3.00	Director	$0	$0	$0
Tony Novak	Board Member	3.00	Director	$0	$0	$0
Michael DePalma	President	3.00	Officer	$0	$0	$0
Lauren Daigle	Treasurer	3.00	Officer	$0	$0	$0
Renee Hogan	Secretary	3.00	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
2024	$110,960	$113,686	$523,113	$-2,726
2023	$109,369	$110,565	$525,869	$-1,196
2022	$111,806	$63,863	$534,693	$47,943

Union Lake Sailing & Tennis Club