SOLVAY TIGERS ATHLETIC CLUB INC (EIN 237181682) - 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

1960

Legal Domicile

Principal Officer

FRAN LETIZIA SR

Phone

3154883666

Tax Period

2024-01-01 to 2024-12-31

SOLVAY TIGERS ATHLETIC CLUB INC, founded in 1960, is a small nonprofit in the Recreation & Sports sector that reported $183K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $211K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROMOTE YOUTH ATHLETIC ACTIVITIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $8,008

Program Service Revenue $56,950

Investment Income $65

Other Revenue $118,071

TOTAL REVENUE $183,094

Expense Breakdown

Grants Paid $135,475

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $206,351

Other Expenses $75,884

TOTAL EXPENSES $211,359

Year-over-Year Comparison

	2024	2023	Change
Revenue	$183,094	$305,057	-0.4%
Expenses	$211,359	$229,613	-0.1%
Net Income	$-28,265	$75,444	-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

N/A

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
DENNIS COON	TREASURER	N/A	Officer Director	$0	$0	$0
JAMES GOLEMBIEWSKI	REC SECRETAR	N/A	Officer Director	$0	$0	$0
JERRY GOLEMBIEWSKI	ASST TREASUR	N/A	Officer Director	$0	$0	$0
FRAN LETIZIA SR	PRESIDENT	N/A	Officer 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	$183,094	$211,359	$370,855	$-28,265
2023	$305,057	$229,613	$404,501	$75,444
2022	$197,622	$171,692	$304,052	$25,930
2021	$154,440	$114,566	$277,464	$39,874
2020	$56,825	$121,977	$236,724	$-65,152
2019	$199,908	$241,110	$303,731	$-41,202
2018	$213,685	$193,744	$343,078	$19,941

SOLVAY TIGERS ATHLETIC CLUB INC