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.

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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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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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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 $426,926 $427,777 $384,302 $-851
2023 $503,087 $441,079 $456,722 $62,008
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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