SHONGUM SPORTSMENS ASSOCIATION

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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

1953

Legal Domicile

Principal Officer

RICH GAJDA

Phone

9086374491

Tax Period

2023-01-01 to 2023-12-31

SHONGUM SPORTSMENS ASSOCIATION, founded in 1953, is a small nonprofit that reported $181K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Net assets of $1.9M represent 124 months of operating reserves.

Mission

KINDER THE SPIRIT OF SPORTSMANSHIP, PUBLIC AWARENESS AND TRAINING

Program Service Accomplishments

Program 1

DEPARTMENT OF CIVILIAN MARKSMANSHIP PROGRAM WHICH TEACHES BOTH CHILDREN AND ADULTS THE FUNDAMENTALS OF SHOOTING AND SPORTSMANSHIP.

Program 2

NEWSLETTER WHICH KEEPS APPROXIMATELY 800 MEMBERS INFORMED OF MATTERS OF COMMON INTEREST.

Program 3

ORGANIZED SHOOTING COMPETITION WHICH FOSTERS THE SPIRIT OF COMPETITION AND SPORTSMANSHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $139,617

Program Service Revenue $24,029

Investment Income $6,789

Other Revenue $10,450

TOTAL REVENUE $180,885

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $177,657

TOTAL EXPENSES $177,657

Year-over-Year Comparison

	2023	2022	Change
Revenue	$180,885	$217,178	-0.2%
Expenses	$177,657	$201,140	-0.1%
Net Income	$3,228	$16,038	-0.8%

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

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

$9,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID PETILLO	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS STAPLETON	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD VANORDEN	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM JONES	DIRECTOR	1.00	Director	$0	$0	$0
RICH GAJDA	PRESIDENT	10.00	Director	$0	$0	$0
MARK VANDLING	DIRECTOR	1.00	Director	$0	$0	$0
IMRE VON BALINTH	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT MARTINO	MEMBERSHIP	25.00	Officer	$9,600	$0	$9,600
JOHN GUMANN	VICE PRESIDENT	5.00	Officer	$0	$0	$0
MICHAEL FORTUNATO	TREASURER	5.00	Officer	$0	$0	$0
WILLIAM MURPHY	RIFLE OFFICER	5.00	Officer	$0	$0	$0
GREGORY LYNCH	SAFETY OFFICER	10.00	Officer	$0	$0	$0
ROBERT MIRANDA	EVENTS	2.00	Officer	$0	$0	$0
RICHARD MONTGOMERY	HUNTING	2.00	Officer	$0	$0	$0
WAYNE JARVIS	BUILD & GROUNDS	5.00	Officer	$0	$0	$0
VACANT	LEGISLATIVE	2.00	Officer	$0	$0	$0
JAMES OWINGS	PISTOL OFFICER	5.00	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	No data	No data	No data	No data
2023	$180,885	$177,657	$1,881,466	$3,228
2022	$217,178	$201,140	$1,881,127	$16,038
2021	$199,734	$174,456	$1,863,420	$25,278
2020	$197,926	$156,500	$1,837,756	$41,426
2019	$218,342	$192,601	$1,795,534	$25,741
2018	$201,217	$174,590	$1,769,700	$26,627