Potomac Speedskating Club Inc (EIN 262651623) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile

Phone

4438454844

Tax Period

2024-04-01 to 2025-03-31

Potomac Speedskating Club Inc is a small nonprofit in the Recreation & Sports sector that reported $244K in total revenue in fiscal year 2018. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 23% operating margin.

Mission

PROVIDED ELITE-LEVEL TRAINING AND DEVELOPMENT PROGRAM BY FORMER OLYMPIC MEDALIST IN SHORT TRACK SPEEDSKATING IN THE WASHINGTON DC AREA. POTOMAC SPEEDSKATING CLUB IS PRIVATELY FUNDED BY MEMBERS AND OTHER DONATIONS. POTOMAC SPEEDSKATING CLUB HAS WON NUMEROUS NATIONAL TITLES AND HAS DEVELOPED NUMEROUS SKATERS WHO ARE CURRENTLY NATIONAL TEAM MEMBERS OF THE US AND OTHER COUNTRIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,600

Program Service Revenue $377,281

Investment Income $4,018

Other Revenue $0

TOTAL REVENUE $389,899

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $362,204

Other Expenses $362,204

TOTAL EXPENSES $362,204

Year-over-Year Comparison

	2024	2023	Change
Revenue	$389,899	$383,087	+0.0%
Expenses	$362,204	$354,885	+0.0%
Net Income	$27,695	$28,202	0.0%

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
Victoria Groseclose	President	10.00	Director	$0	$0	$0
Lili Cui	Vice President	10.00	Director	$0	$0	$0
Hank Wang	Treasurer	10.00	Director	$0	$0	$0
Fugang Wang	Secretary	10.00	Director	$0	$0	$0
Xinghua Wu	Skater Liaison	10.00	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
2025	$389,899	$362,204	$198,815	$27,695
2024	$383,087	$354,885	$171,520	$28,202
2023	$333,917	$333,705	$142,642	$212
2022	$411,759	$386,209	$142,406	$25,550
2021	$241,600	$223,761	$116,856	$17,839
2020	$270,060	$252,689	$99,017	$17,371
2020	$270,060	$252,689	$99,017	$17,371
2019	$243,810	$186,846	$81,646	$56,964

Potomac Speedskating Club Inc