TROY RECREATION ASSOCIATION INC

EIN: 310579679 501(c)(3) Youth Development

TROY, OH

Total Revenue
$382,512
Total Expenses
$389,705
Total Assets
$436,950
Net Assets
$433,761
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
OH
Principal Officer
KATRINA KRITES
Phone
9373391923
Tax Period
2024-01-01 to 2024-12-31

TROY RECREATION ASSOCIATION INC, founded in 1941, is a small nonprofit in the Youth Development sector that reported $383K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE A SAFE, CONSISTENT COMMUNITY FOR EDUCATIONAL, RECREATIONAL, AND SOCIAL ACTIVITIES, IN THE TROY AREA WITH A PRIMARY FOCUS ON YOUTH.

Program Service Accomplishments

Program 1
Expenses: $369,699

THE TROY REC CONTINUES TO PROVIDE THE YOUTH OF TROY PROGRAMS AND A FACILITY THAT WILL HELP THEM IN THEIR GROWTH AND DEVELOPMENT IN LEADERSHIP AND VOLUNTEERISM. THE ORGANIZATION PROVIDED SERVICES TO...

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THE TROY REC CONTINUES TO PROVIDE THE YOUTH OF TROY PROGRAMS AND A FACILITY THAT WILL HELP THEM IN THEIR GROWTH AND DEVELOPMENT IN LEADERSHIP AND VOLUNTEERISM. THE ORGANIZATION PROVIDED SERVICES TO AN AVERAGE OF 90 SIXTH THRU TWELFTH GRADERS DAILY (A 25% INCREASE OVER THE PREVIOUS YEAR), 50 KINDERGARTEN THRU FIFTH GRADERS DAILY, 56 PRESCHOOLERS, LUNCH BUDDY SERVICES TO 52 CHILDREN, INDOOR SOCCER FOR 120 CHILDREN, AND VARIOUS COMMUNITY ACTIVITIES THROUGHOUT THE YEAR. WE HAVE GREATLY INCREASED THE USAGE AND TRAFFIC THROUGHOUT OUR BUILDING AND WILL STRIVE TO MAINTAIN THIS HIGH DEMAND. OUR WEEKEND BAG OF SUPPLEMENTAL FOOD HAS BEEN IN PLACE FOR THREE YEARS AND DURING THE PANDEMIC WE GREW THAT PROGRAM TO BE OPEN TO ANY FAMILY IN MIAMI COUNTY WITH CHILDREN THAT HAD A NEED FOR FOOD SUPPORT. OUR FACILITY IS AN EXCELLENT RESOURCE FOR COMMUNITY GROUPS. MANY COMMUNITY GROUPS USE THE BUILDING AS A MEETING PLACE, INCLUDING: GIRL SCOUTS, CUB SCOUTS, BOY SCOUTS, TROY HIGH SCHOOL BAND, CISV, MIAMI COUNTY LOCAL FOOD COUNCIL, MAYOR'S YOUTH COUNCIL, TROY POP ROCKS, PRIVATE PARTIES FOR BIRTHDAYS, SPORTS TEAMS, CHURCH GROUPS, AND FAMILY GATHERINGS. THESE PROGRAMS/ACTIVITIES PROVIDE THE PARTICIPANTS OPPORTUNITIES FOR GROWTH, INTERACTION, AND FELLOWSHIP. THE REC IS A SAFE SPACE FOR ALL PARTICIPANTS, AND THE REC EXPERIENCES HELP INDIVIDUALS DEVELOP A SENSE OF COMMUNITY AND BELONGING. THE REC HAS BEEN SERVING THE TROY COMMUNITY, ESPECIALLY YOUTH, FOR OVER 82 YEARS, AND THAT TRADITION CONTINUED IN 2022.

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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 (2024)

Revenue Breakdown

Contributions & Grants $133,029
Program Service Revenue $210,640
Investment Income $1,360
Other Revenue $37,483
TOTAL REVENUE $382,512

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,795
Fundraising Expenses $4,523
Program Expenses $369,699
Other Expenses $174,910
TOTAL EXPENSES $389,705

Year-over-Year Comparison

2024 2023 Change
Revenue $382,512 $503,087 -0.2%
Expenses $389,705 $441,079 -0.1%
Net Income $-7,193 $62,008 -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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Governance

Voting Members
11
Independent Members
11
Employees
21
Volunteers
120

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONA ANDERSON TREASURER N/A
Officer Director
$0 $0 $0
KALOB CAVANAUGH DIRECTOR N/A
Director
$0 $0 $0
ALEXIS DEDRICK DIRECTOR N/A
Director
$0 $0 $0
DELANEY FIELDS DIRECTOR N/A
Director
$0 $0 $0
KATRINA KRITES PRESIDENT N/A
Officer Director
$0 $0 $0
GREG MOREFIELD SECRETARY N/A
Officer Director
$0 $0 $0
ALLI SCHIFFER DIRECTOR N/A
Director
$0 $0 $0
ERIN SCOTT DIRECTOR N/A
Director
$0 $0 $0
ANDREW WANNEMACHER VICE-PRES. N/A
Officer Director
$0 $0 $0
MINDY WEAVER DIRECTOR N/A
Director
$0 $0 $0
NIKI WOODRUFF DIRECTOR N/A
Director
$0 $0 $0
KELLY SNYDER EXEC. DIR. N/A
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 $382,771 $396,483 $463,681 $-13,712
2024 $382,512 $389,705 $436,950 $-7,193
2023 $503,087 $441,079 $456,722 $62,008
2023 $426,926 $427,777 $384,302 $-851
2022 $485,609 $474,652 $396,109 $10,957
2021 $299,816 $333,347 $373,991 $-33,531
2021 $296,814 $331,656 $384,577 $-34,842
2020 $344,165 $313,785 $457,985 $30,380
2019 $294,952 $307,825 $387,924 $-12,873
2018 $256,220 $276,769 $409,904 $-20,549
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