Swiss Club of Altoona (EIN 231142961) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1921

Legal Domicile

Principal Officer

Kim Fornwalt

Phone

8143297061

Tax Period

2023-01-01 to 2023-12-31

Swiss Club of Altoona, founded in 1921, is a small nonprofit that reported $155K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $212K exceeded revenue, resulting in a 37% operating deficit.

Mission

THE PURPOSE OF THIS ORGANIZATION IS TO PROMOTE SOCIAL AND RECREATIONAL ACTIVITIES FOR ASSOCIATION MEMBERS OF SWISS DESCENT AND OTHER MEMBERS AND THEIR FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,390

Program Service Revenue $30,416

Investment Income $3,594

Other Revenue $112,360

TOTAL REVENUE $154,760

Expense Breakdown

Grants Paid $9,700

Salaries & Benefits $69,474

Fundraising Expenses $0

Other Expenses $133,110

TOTAL EXPENSES $212,284

Year-over-Year Comparison

	2023	2022	Change
Revenue	$154,760	$183,348	-0.2%
Expenses	$212,284	$191,245	+0.1%
Net Income	$-57,524	$-7,897	+6.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$29,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Greg Milliron	President	20.00	Officer	$6,000	$0	$6,000
Corey Elden	Vice President	5.00	Officer	$16,500	$0	$16,500
Curtis Miller	Trustee	5.00	Director	$0	$0	$0
Twyla Whiteman	Trustee	5.00	Director	$0	$0	$0
Tina Rhine	Trustee	5.00	Director	$0	$0	$0
Donna Weaver	Trustee	5.00	Director	$0	$0	$0
Janelle Shock	Recording Secretary	20.00	Officer	$3,600	$0	$3,600
Kimberly Fornwalt	Treasurer	20.00	Officer	$3,500	$0	$3,500
Mark Lundberg	Trustee	5.00	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	No data	No data	No data	No data
2023	$154,760	$212,284	$627,972	$-57,524
2022	$183,348	$191,245	$687,225	$-7,897
2021	$165,559	$166,473	$695,193	$-914
2020	$147,376	$148,883	$695,634	$-1,507

Swiss Club of Altoona