PORSCHE 356 REGISTRY INC

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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

1976

Legal Domicile

Principal Officer

MICHAEL BRANNING

Phone

2818444259

Tax Period

2023-09-01 to 2024-08-31

PORSCHE 356 REGISTRY INC, founded in 1976, is a small nonprofit that reported $494K in total revenue in fiscal year 2023.

Mission

ORGANIZATION'S PRIMARY EXEMPT PURPOSE - TO ENCOURAGE THE PRESERVATION AND PERPETUATION OF THE VINTAGE (1948-1965) 356 SERIES PORSCHE AUTOMOBILE THROUGH 356 REGISTRY MAGAZINE, 356REGISTRY.ORG WEB SITE AND 356 TALK ELECTRONIC DISCUSSION LIST FOR THE EXCHANGE OF IDEAS, EXPERIENCES AND INFORMATION ENABLING ALL TO SHARE THE 356 EXPERIENCES OF ONE ANOTHER AND TO EDUCATE INTERESTED PERSONS REGARDING THE HISTORY AND MAINTENANCE OF SAME.

Program Service Accomplishments

Program 1

Expenses: $330,667

356 REGISTRY PUBLICATION (BI-MONTHLY). A VERY PROFESSIONAL 76 PAGE MAGAZINE PROVIDING INFORMATION ON TECHNICAL MATTER, SOCIAL EVENTS AND GENERAL PORSCHE 356 INFORMATION.

Program 2

Expenses: $28,408

EAST COAST AND WEST COAST HOLIDAYS - A FOUR DAY GATHERING OF MEMBERS IN DIFFERENT CITIES ON THE EAST COAST AND WEST COAST FOR SOCIAL EVENTS, TECHNICAL INFORMATION AND CAR SHOWS. A WIDE RANGE OF...

EAST COAST AND WEST COAST HOLIDAYS - A FOUR DAY GATHERING OF MEMBERS IN DIFFERENT CITIES ON THE EAST COAST AND WEST COAST FOR SOCIAL EVENTS, TECHNICAL INFORMATION AND CAR SHOWS. A WIDE RANGE OF OUTSIDE SPEAKERS INCLUDING REPRESENTATIVE FROM PORSCHE FACTORY IN GERMANY.

Program 3

Expenses: $18,403

WEB PAGE - PORSCHE 356 REGISTRYWEB PAGE PROVIDES INFORMATION ABOUT THE ORGANIZATION, OUR MAGAZINE, NEWS AND EVENTS, 356 TALK FORUMS, CLASSIFIEDS, RESOURCES, GOODIE STORE, AND MEMBERSHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $451,035

Investment Income $29,082

Other Revenue $13,784

TOTAL REVENUE $493,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,371

Fundraising Expenses $0

Program Expenses $377,478

Other Expenses $456,326

TOTAL EXPENSES $506,697

Year-over-Year Comparison

	2023	2022	Change
Revenue	$493,901	$464,135	+0.1%
Expenses	$506,697	$459,338	+0.1%
Net Income	$-12,796	$4,797	-3.7%

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

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

$42,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI SCHUTZ	CLUB COORDINATOR	25.00	Director	$42,450	$0	$42,450
RHYS HAYDON	TRUSTEE	5.00	Director	$0	$0	$0
LEE RASKIN	TRUSTEE	5.00	Director	$0	$0	$0
MICHAEL PULDY	TRUSTEE	10.00	Director	$0	$0	$0
ERIK SEVEREID	SECRETARY	10.00	Officer Director	$0	$0	$0
MARK ROTH	TREASURER	10.00	Officer Director	$0	$0	$0
MICHAEL BRANNING	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
LEE JAMES WAYMAN	PRESIDENT	5.00	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
2025	No data	No data	No data	No data
2024	$493,901	$506,697	$680,605	$-12,796
2023	$464,135	$459,338	$691,299	$4,797
2023	$464,135	$459,338	$691,299	$4,797
2022	$405,324	$429,292	$677,729	$-23,968
2021	$407,857	$400,855	$705,373	$7,002
2020	$423,841	$391,994	$659,034	$31,847
2019	$422,081	$361,447	$609,952	$60,634
2018	$399,245	$370,366	$561,886	$28,879