EAST COAST TSUNAMI SOFTBALL INC

EIN: 261503451 501(c)(3) Recreation & Sports

SPARTA, NJ

Total Revenue
$205,746
Total Expenses
$200,243
Total Assets
$44,483
Net Assets
$44,483
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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
2008
Legal Domicile
NJ
Tax Period
2022-01-01 to 2022-12-31

EAST COAST TSUNAMI SOFTBALL INC, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $206K in total revenue in fiscal year 2022.

Mission

EAST COAST TSUNAMI SOFTBALL WAS FORMED EXCLUSIVELY FOR THE PARTICIPATION OF COMPETITVE SOFTBALL BY GIRLS AGES 10 THROUGH 23

Program Service Accomplishments

Program 1
Expenses: $199,690

PARTICIPATION IN COMPETITIVE SOFTBALL FOR GIRLS AGES 10-23. NUMEROUS COMPETITIONS AND TRAINING ARE DONE DURING THE SPRING AND FALL SEASONS.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $202,895
Investment Income $201
Other Revenue $2,650
TOTAL REVENUE $205,746

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $199,690
Other Expenses $200,243
TOTAL EXPENSES $200,243

Year-over-Year Comparison

2022 2021 Change
Revenue $205,746 N/A N/A
Expenses $200,243 N/A N/A
Net Income $5,503 N/A N/A
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

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND ROMANO President 10.00
Director
$0 $0 $0
ROBERT WELTER Treasurer 5.00
Director
$0 $0 $0
SHAMUS MACK Vice President 5.00
Director
$0 $0 $0
BERNIE CORRIGAN Secretary 5.00
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
2022 $205,746 $200,243 $44,483 $5,503
2021 $184,604 $182,541 $38,980 $2,063
2020 $121,856 $123,242 $36,917 $-1,386
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