RENAISSANCE CENTER AT PALMIRA INC (EIN 263581684) - 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

2008

Legal Domicile

Principal Officer

JIM LUKAS

Phone

2392621396

Tax Period

2024-01-01 to 2024-12-31

RENAISSANCE CENTER AT PALMIRA INC, founded in 2008, is a community nonprofit in the Recreation & Sports sector that reported $2.9M in total revenue in fiscal year 2024.

Mission

THE CLUB PROVIDES RECREATIONAL FACILITIES AND CASUAL DINING FOR ITS MEMBERS AND THEIR GUESTS. RECREATIONAL FACILITIES INCLUDE A SWIMMING POOL, FITNESS CENTER, TENNIS, PICKLE BALL AND BOCCE BALL COURTS.

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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 $0

Program Service Revenue $2,943,942

Investment Income $914

Other Revenue $0

TOTAL REVENUE $2,944,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,183,342

Fundraising Expenses $0

Other Expenses $1,678,873

TOTAL EXPENSES $2,862,215

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,944,856	$2,758,717	+0.1%
Expenses	$2,862,215	$2,642,627	+0.1%
Net Income	$82,641	$116,090	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOIS COLGAN	DIRECTOR	N/A	Director	$0	$0	$0
BILL DEROSE	DIRECTOR	N/A	Director	$0	$0	$0
ART FIODALISO	VP/DIRECTOR	N/A	Director	$0	$0	$0
LISA GEARDINO	DIRECTOR	N/A	Director	$0	$0	$0
DENISE GRIFFITH	DIRECTOR	N/A	Director	$0	$0	$0
RICK KUSY	DIRECTOR	N/A	Director	$0	$0	$0
JIM LUKAS	PRESIDENT	N/A	Director	$0	$0	$0
DAVE MARCUS	DIRECTOR	N/A	Director	$0	$0	$0
NANCY RIDDLE	DIRECTOR	N/A	Officer Director	$0	$0	$0
DAVID SAVARDI	DIRECTOR	N/A	Director	$0	$0	$0
JOHN SIXBEY	DIRECTOR	N/A	Director	$0	$0	$0
ADAM TALONI	DIRECTOR	N/A	Director	$0	$0	$0
TOM VOLTA	DIRECTOR	N/A	Officer 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
2024	$2,944,856	$2,862,215	$569,875	$82,641
2023	$2,758,717	$2,642,627	$490,965	$116,090
2022	$2,244,799	$2,174,219	$364,731	$70,580
2021	$1,686,764	$1,968,600	$313,695	$-281,836
2020	$1,097,626	$1,100,223	$182,905	$-2,597
2019	$1,137,422	$1,171,342	$325,074	$-33,920
2018	$1,105,611	$1,106,218	$359,192	$-607

RENAISSANCE CENTER AT PALMIRA INC