WATCHUNG AMATEUR SKI CLUB INC

EIN: 223257681

Fanwood, NJ

Total Revenue
$282,310
Total Expenses
$284,845
Total Assets
$32,255
Net Assets
$32,255
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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
1938
Legal Domicile
NJ
Principal Officer
Judy Milloy
Phone
8487020310
Tax Period
2023-07-01 to 2024-06-30

WATCHUNG AMATEUR SKI CLUB INC, founded in 1938, is a small nonprofit that reported $282K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum.

Mission

Promote the sport of skiing.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $276,060
Investment Income $0
Other Revenue $6,250
TOTAL REVENUE $282,310

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $284,845
TOTAL EXPENSES $284,845

Year-over-Year Comparison

2023 2022 Change
Revenue $282,310 $165,134 +0.7%
Expenses $284,845 $162,062 +0.8%
Net Income $-2,535 $3,072 -1.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
110

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathi E Wolder President 6
Officer
$0 $0 $0
Robert Gittleman Vice President 1
Officer
$0 $0 $0
Deena Altman Recording Secretary 2
Officer
$0 $0 $0
Charlie Neiss Treasurer 4
Officer
$0 $0 $0
Denise Brecht Member at Large 1
Officer
$0 $0 $0
Tom Nucatola Member at Large 1
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
2025 No data No data No data No data
2024 $282,310 $284,845 $32,255 $-2,535
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