Greater Lowell Youth Skating Assn Inc (EIN 237267247) - 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

1993

Legal Domicile

Principal Officer

Jason Trovato

Phone

9784525351

Tax Period

2024-04-01 to 2025-03-31

Greater Lowell Youth Skating Assn Inc, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $279K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 15% operating margin.

Mission

To strive to offer a high quality, affordable opportunity for kids to learn to play the game of hockey by providing age and skill appropriate player development and coaching, built on strong foundational skills, fair play and sportsmanship in all our programs.

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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 $52,247

Program Service Revenue $226,668

Investment Income $13

Other Revenue $519

TOTAL REVENUE $279,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $233,676

Other Expenses $236,576

TOTAL EXPENSES $236,576

Year-over-Year Comparison

	2024	2023	Change
Revenue	$279,447	$196,227	+0.4%
Expenses	$236,576	$179,405	+0.3%
Net Income	$42,871	$16,822	+1.5%

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
Brian Akashian	Director	1.00	Director	$0	$0	$0
Joe Kelly	Director	1.00	Director	$0	$0	$0
Steven Chambers	Director	1.00	Director	$0	$0	$0
Dan Tobin	Director	1.00	Director	$0	$0	$0
Nicole Lenzi	Director	1.00	Director	$0	$0	$0
Derek Gogas	Director	1.00	Director	$0	$0	$0
Kerri Thumith	Director	1.00	Director	$0	$0	$0
Courtney Smith	Director	1.00	Director	$0	$0	$0
Jason Trovato	President	1.50	Officer	$0	$0	$0
Craig Brown	Treasurer	1.50	Officer	$0	$0	$0
Brendan Akashian	Vice President	1.50	Officer	$0	$0	$0
Michael Ryan	Secretary	1.00	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	$279,447	$236,576	$141,789	$42,871
2024	$196,227	$179,405	$79,436	$16,822
2020	$211,918	$203,136	$91,859	$8,782
2019	$220,689	$213,323	$75,751	$7,366

Greater Lowell Youth Skating Assn Inc