POLICE ATHLETIC LEAGUE OF SUMMIT NJ (EIN 223297529) - 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

1951

Legal Domicile

Principal Officer

TERRY ARMSTRONG

Phone

9082736403

Tax Period

2019-09-01 to 2020-08-31

POLICE ATHLETIC LEAGUE OF SUMMIT NJ, founded in 1951, is a small nonprofit in the Youth Development sector that reported $182K in total revenue in fiscal year 2019. Revenue surged 289% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 19% operating margin.

Mission

PROVIDE EVENTS FOR THE CHILDREN OF SUMMIT NJ AT NO COST IN ORDER TO FOSTER POSITIVE RELATIONSHIPS WITH THE POLICE AND CREATE A SENSE OF COMMUNITY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $180,282

Program Service Revenue $0

Investment Income $419

Other Revenue $883

TOTAL REVENUE $181,584

Expense Breakdown

Grants Paid $124,341

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $129,406

Other Expenses $22,876

TOTAL EXPENSES $147,217

Year-over-Year Comparison

	2019	2018	Change
Revenue	$181,584	$46,715	+2.9%
Expenses	$147,217	$134,039	+0.1%
Net Income	$34,367	$-87,324	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL LAMEO	Secretary	2.00	Officer Director	$0	$0	$0
DAVID LIVITT	Treasurer	2.00	Officer Director	$0	$0	$0
NICK CURIALE	Vice President	1.00	Officer Director	$0	$0	$0
RYAN SCHAFER	BOARD MEMBER	1.00	Director	$0	$0	$0
TOMAS GEOGHEGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN MACARTHUR	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK RIND	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF CONROY	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM KEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRY ARMSTRONG	BOARD MEMBER	1.00	Director	$0	$0	$0
GENNARO D'AGOSTINO	Vice President	1.00	Officer Director	$0	$0	$0
CHRIS MURPHY	BOARD MEMBER	1.00	Director	$0	$0	$0
TED O'SHEA	BOARD MEMBER	1.00	Director	$0	$0	$0
KRIS TOWMANN	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIC SIMON	CO-PRESIDENT	2.00	Officer Director	$0	$0	$0
PATRICK DARCY	CO-PRESIDENT	2.00	Officer Director	$0	$0	$0
RICH MICHAEL	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
2020	$181,584	$147,217	$107,840	$34,367
2018	$169,627	$319,603	$160,797	$-149,976

POLICE ATHLETIC LEAGUE OF SUMMIT NJ