PARK AVENUE CLUB INC (EIN 223154884) - 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

1992

Legal Domicile

Principal Officer

GREGORY SMITH

Phone

9733018233

Tax Period

2023-01-01 to 2023-12-31

PARK AVENUE CLUB INC, founded in 1992, is a community nonprofit that reported $5.9M in total revenue in fiscal year 2023. Expenses of $5.4M left a modest 8% surplus.

Mission

PRIVATE SOCIAL CLUB PROVIDING FINE DINING AND CATERING EVENTS.

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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 $0

Program Service Revenue $1,603,496

Investment Income $2,005

Other Revenue $4,270,851

TOTAL REVENUE $5,876,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,511,052

Fundraising Expenses $0

Other Expenses $1,918,513

TOTAL EXPENSES $5,429,565

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,876,352	$5,943,679	0.0%
Expenses	$5,429,565	$5,466,475	0.0%
Net Income	$446,787	$477,204	-0.1%

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

138

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
STEVEN LINDNER	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOHN SEBASTIANO	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
SUZANNE CERRA	SECRETARY	3.00	Officer Director	$0	$0	$0
ANTHONY J ROMANO	TREASURER	3.00	Officer Director	$0	$0	$0
JO ANNA FELLON	BOARD MEMBER	3.00	Director	$0	$0	$0
MICHAEL MARCHESE	BOARD MEMBER	3.00	Director	$0	$0	$0
ANGELA MORELLO LANGE	BOARD MEMBER	3.00	Director	$0	$0	$0
MICHAEL GILFILLAN	BOARD MEMBER	3.00	Director	$0	$0	$0
MARIKA VILLIK	EXECUTIVE CHEF	40.00	Highest	$118,261	$5,104	$123,365
JEFFREY GALLO	ASSISTANT GENERAL MANAGER	40.00	Highest	$136,261	$5,104	$141,365
JOHN GOMEZ	GENERAL MANAGER	40.00	Highest	$148,759	$5,104	$153,863

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	$5,876,352	$5,429,565	$3,090,815	$446,787
2022	$5,943,679	$5,466,475	$3,013,210	$477,204
2021	$4,937,751	$4,251,705	$3,179,995	$686,046
2020	$2,310,713	$3,404,490	$2,125,655	$-1,093,777
2019	$5,067,652	$4,889,564	$2,896,507	$178,088
2018	$3,879,573	$3,874,110	$2,474,582	$5,463

PARK AVENUE CLUB INC