570 Savoia (EIN 250901396) - 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

1992

Legal Domicile

Principal Officer

Michael Kromer

Phone

7244793035

Tax Period

2024-01-01 to 2024-12-31

570 Savoia, founded in 1992, is a small nonprofit that reported $126K in total revenue in fiscal year 2024.

Mission

Club Savoy is a Fraternal Organization which provides social contact and entertainment to its members. It receives no grants and all of its income and expense are from its members.

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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 $8,760

Program Service Revenue $0

Investment Income $0

Other Revenue $117,604

TOTAL REVENUE $126,364

Expense Breakdown

Grants Paid $19,187

Salaries & Benefits $39,414

Fundraising Expenses $0

Program Expenses $65,661

Other Expenses $71,562

TOTAL EXPENSES $130,163

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,364	$125,236	+0.0%
Expenses	$130,163	$145,826	-0.1%
Net Income	$-3,799	$-20,590	-0.8%

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

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

$5,899

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katie Lovejoy	Treasurer	15.00	Officer	$5,899	$0	$5,899
Michael Kromer	President	10.00	Officer	$0	$0	$0
Art Barris	Vice President	10.00	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
2024	$126,364	$130,163	$135,987	$-3,799
2023	$125,236	$145,826	$138,951	$-20,590
2022	$126,521	$146,866	$158,979	$-20,345
2021	$173,327	$159,905	$181,764	$13,422
2020	$86,739	$95,458	$166,437	$-8,719
2019	$156,463	$153,534	$173,047	$2,929
2018	$147,293	$138,181	$174,700	$9,112

570 Savoia