PARK RIDGE ATHLETIC ASSOCIATION (EIN 222402357) - 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

1981

Legal Domicile

Principal Officer

RAMDYAL RAMCHARAN

Phone

2015731800

Tax Period

2024-11-01 to 2025-10-31

PARK RIDGE ATHLETIC ASSOCIATION, founded in 1981, is a small nonprofit in the Recreation & Sports sector that reported $369K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

THE GOAL IS TO PROVIDE THE CHILDREN OF PARK RIDGE, NJ WITH A FUN ,EXCITING AND EDUCATIONAL SPORTS EXPERIENCE. RECREATIONAL ATHLETIC PROGRAMS FOR CHRILDREN 5-16 YEARS OF AGE; PROGRAMS INCLUDED BASEBALL ,BASKETBALL , SOCCER ,CHEERLEADING , FOOTBALL , SOFTBALL AND WRESTLING

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $369,319

Investment Income $7

Other Revenue $0

TOTAL REVENUE $369,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $28,076

Program Expenses $356,864

Other Expenses $388,245

TOTAL EXPENSES $388,245

Year-over-Year Comparison

	2024	2023	Change
Revenue	$369,326	$333,577	+0.1%
Expenses	$388,245	$375,664	+0.0%
Net Income	$-18,919	$-42,087	-0.6%

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

100

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
LEIGH WEISS	PRESIDENT	5.00	Director	$0	$0	$0
ANTHONY ARMAO	BOARD MEMBER	5.00	Director	$0	$0	$0
NATHANIEL BROWN	BOARD MEMBER	5.00	Director	$0	$0	$0
ANNE COLAIACOVO	BOARD MEMBER	5.00	Director	$0	$0	$0
RAM RAMCHARAN	TREASURER	5.00	Director	$0	$0	$0
ERIC ROSA	BOARD MEMBER	5.00	Director	$0	$0	$0
CARL CASE	VICE PRESIDENT	5.00	Director	$0	$0	$0
DOMINICK IANORA	SECRETARY	5.00	Director	$0	$0	$0
STEVE DIANI	BOARD MEMBER	5.00	Director	$0	$0	$0
FRANK MERLI	BOARD MEMBER	5.00	Director	$0	$0	$0
LYNN RUBANO	BOARD MEMBER	5.00	Director	$0	$0	$0
ALEX KAPLAN	BOARD MEMBER	5.00	Director	$0	$0	$0
ADAM KIDA	BOARD MEMBER	5.00	Director	$0	$0	$0
AMANDA LORENZ	BOARD MEMBER	5.00	Director	$0	$0	$0
NICHOLAS TRIANO	BOARD MEMBER	5.00	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
2025	$369,326	$388,245	$121,038	$-18,919
2024	$333,577	$375,664	$150,667	$-42,087
2023	$269,098	$215,264	$192,261	$53,834
2022	$218,277	$197,211	$138,427	$21,066
2021	$187,086	$140,614	$117,361	$46,472
2020	$163,700	$186,513	$76,977	$-22,813
2019	$282,257	$271,679	$73,480	$10,578
2018	$242,918	$275,191	$62,902	$-32,273

PARK RIDGE ATHLETIC ASSOCIATION