PORTUGUESE AMERICAN ATHLETIC CLUB OF GREATER NEW BEDFORD INC (EIN 237104249) - 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

1963

Legal Domicile

Principal Officer

JOSE FERREIRA

Phone

5089928238

Tax Period

2023-01-01 to 2023-12-31

PORTUGUESE AMERICAN ATHLETIC CLUB OF GREATER NEW BEDFORD INC, founded in 1963, is a micro nonprofit that reported $75K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 18% operating margin.

Mission

SOCIAL CLUB

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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 $0

Investment Income $0

Other Revenue $75,147

TOTAL REVENUE $75,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $61,995

TOTAL EXPENSES $61,995

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,147	$60,208	+0.2%
Expenses	$61,995	$60,592	+0.0%
Net Income	$13,152	$-384	-35.3%

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

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
DOMINGOS ADAO	VICE PRESIDE	N/A	Officer	$0	$0	$0
ALBERTINO DESOUSA	SECRETARY	N/A	Officer	$0	$0	$0
JOSE FERREIRA	PRESIDENT	N/A	Officer	$0	$0	$0
NIKITA FERREIRA	DIRECTOR	N/A	Officer	$0	$0	$0
ARLINDO MOURA	MANAGER/DIRE	N/A	Officer	$0	$0	$0
JOSE RIBEIRO	TREASURER	N/A	Officer	$0	$0	$0
JOSE RODRIGUES	DIRECTOR	N/A	Officer	$0	$0	$0
CARMINO TEIXEIRA	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$75,147	$61,995	$71,524	$13,152
2022	$60,208	$60,592	$58,420	$-384
2021	$63,426	$53,422	$59,136	$10,004
2020	$43,129	$62,409	$49,042	$-19,280
2019	$83,357	$65,778	$68,940	$17,579

PORTUGUESE AMERICAN ATHLETIC CLUB OF GREATER NEW BEDFORD INC