The 124 Club (EIN 222889141) - 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

1988

Legal Domicile

Principal Officer

Debra A Freedholm

Phone

6099219780

Tax Period

2024-01-01 to 2024-12-31

The 124 Club, founded in 1988, is a micro nonprofit that reported $99K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 51% operating margin.

Mission

Supporting the principles and traditions of 12 Step Recovery functions by providing a space where groups can meet and an educational center and social environment for people in recovery.

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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 $53,111

Program Service Revenue $45,392

Investment Income $272

Other Revenue $0

TOTAL REVENUE $98,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,596

Other Expenses $47,921

TOTAL EXPENSES $47,921

Year-over-Year Comparison

	2024	2023	Change
Revenue	$98,775	$80,248	+0.2%
Expenses	$47,921	$58,321	-0.2%
Net Income	$50,854	$21,927	+1.3%

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

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
Chris Silvester	Secretary	1.00	Officer Director	$0	$0	$0
Debra Freedholm	Treasurer	5.00	Officer Director	$0	$0	$0
Marty Mandell	House Coordinator	5.00	Officer Director	$0	$0	$0
Cathy Wheeler	Board Member	1.00	Director	$0	$0	$0
Mark Rothman	Board Member	1.00	Director	$0	$0	$0
John Seboria	Board Member	1.00	Director	$0	$0	$0
Carla Wragge	Board Member	1.00	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	$98,775	$47,921	$641,707	$50,854
2023	$80,248	$58,321	$615,853	$21,927
2022	$75,261	$53,240	$618,926	$22,021
2021	$84,846	$48,470	$646,905	$36,376
2020	$77,845	$67,492	$635,529	$10,353
2019	$80,323	$49,337	$625,176	$30,986
2018	$132,681	$53,541	$608,837	$79,140

The 124 Club