MINERS MILLS TRIANGLE CLUB

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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

1946

Legal Domicile

Principal Officer

THOMAS REDENSKI

Phone

5708243834

Tax Period

2023-01-01 to 2023-12-31

MINERS MILLS TRIANGLE CLUB, founded in 1946, is a small nonprofit that reported $107K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE A GATHERING PLACE FOR SOCIAL INTERACTION AND TO PROVIDE SUPPORT FOR LOCAL CHARITABLE ORGANIZATIONS.

Program Service Accomplishments

Program 1

THE CLUB WAS ABLE TO PROVIDE ITS MEMBERS WITH A PLACE OF ASSEMBLY FOR SOCIAL AND COMMUNITY FUNCTIONS AND AS A RESULT, FULLY DEVELOP CONGENIAL ATTITUDES BETWEEN ITS MEMBERS. THE CLUB ALSO PROVIDED...

THE CLUB WAS ABLE TO PROVIDE ITS MEMBERS WITH A PLACE OF ASSEMBLY FOR SOCIAL AND COMMUNITY FUNCTIONS AND AS A RESULT, FULLY DEVELOP CONGENIAL ATTITUDES BETWEEN ITS MEMBERS. THE CLUB ALSO PROVIDED MONETARY AND MORAL SUPPORT TO CHARITABLE ORGANIZATIONS WHOSE INTERESTS ARE DIRECTED AT FULFILLING THE NEEDS OF THE 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 (2023)

Revenue Breakdown

Contributions & Grants $5,538

Program Service Revenue $80,269

Investment Income $2,175

Other Revenue $19,213

TOTAL REVENUE $107,195

Expense Breakdown

Grants Paid $4,400

Salaries & Benefits $15,250

Fundraising Expenses $0

Other Expenses $85,538

TOTAL EXPENSES $105,488

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,195	$79,056	+0.4%
Expenses	$105,488	$103,084	+0.0%
Net Income	$1,707	$-24,028	-1.1%

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

$7,920

Total Directors

$600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS A HIMLIN	PRESIDENT	1.00	Officer	$0	$0	$0
JIM GIZA	VICE PRESIDENT	1.00	Officer	$2,220	$0	$2,220
THOMAS REDENSKI	TREASURER	1.00	Officer	$2,760	$0	$2,760
JEFF KROKOS	REC SECRETARY	1.00	Officer	$1,320	$0	$1,320
BILL HERBERT	FIN SECRETARY	1.00	Officer	$1,500	$0	$1,500
TOM ROBINSON	SGT AT ARMS	1.00	Officer	$120	$0	$120
JOE AUSTIN	DIRECTOR	1.00	Director	$120	$0	$120
ADAM YANKOSKI	DIRECTOR	1.00	Director	$120	$0	$120
GENE VILEWINSKI	DIRECTOR	1.00	Director	$120	$0	$120
NICK IRACE	DIRECTOR	1.00	Director	$120	$0	$120
JOHN SPAGNOLA	DIRECTOR	1.00	Director	$120	$0	$120

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	$107,195	$105,488	$204,871	$1,707
2022	$79,056	$103,084	$203,164	$-24,028
2021	$89,340	$79,823	$225,403	$9,517
2020	$31,552	$56,080	$215,886	$-24,528
2019	$89,210	$100,243	$240,414	$-11,033
2018	$105,186	$99,786	$251,447	$5,400