GREENTOWN ATHLETIC CLUB INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

ROBERT SCHWENNING II

Phone

3308020082

Tax Period

2024-02-29 to 2025-02-28

GREENTOWN ATHLETIC CLUB INC, founded in 1969, is a micro nonprofit that reported $53K in total revenue in fiscal year 2024. Revenue surged 141% from the prior year, signaling strong growth momentum. Expenses of $90K exceeded revenue, resulting in a 71% operating deficit.

Mission

EDUCATION AND TRAINING OF YOUTH ACTIVITIES AND ADVANCED SCHOLARSHIP SUPPORT.

Program Service Accomplishments

Program 1

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $2,358

Other Revenue $50,467

TOTAL REVENUE $52,825

Expense Breakdown

Grants Paid $24,942

Salaries & Benefits $0

Fundraising Expenses $22,480

Other Expenses $65,188

TOTAL EXPENSES $90,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,825	$21,879	+1.4%
Expenses	$90,130	$77,583	+0.2%
Net Income	$-37,305	$-55,704	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Vincent D Harris	Trustee	N/A	Director	$0	$0	$0
Robert Schwenning	Treasurer/Trustee	015.00	Officer Director	$0	$0	$0
Ronald Fausnight	Trustee	N/A	Director	$0	$0	$0
Randy Burns	Presidet/Trustee	025.00	Officer Director	$0	$0	$0
Donald Jordan	Trustee	N/A	Director	$0	$0	$0
Donald Masucci	Trustee	N/A	Director	$0	$0	$0
Rodger Lanning	Secretary/Trustee	010.00	Officer Director	$0	$0	$0
Thomas Riegler	Trustee	006.00	Director	$0	$0	$0
Patrick Grubish	Trustee	002.00	Director	$0	$0	$0
Thomas Masucci	Vice President/Trustee	006.00	Officer Director	$0	$0	$0
James Fleming	Trustee	N/A	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
2026	No data	No data	No data	No data
2025	$52,825	$90,130	$215,403	$-37,305
2024	$21,879	$77,583	$245,802	$-55,704
2023	$56,905	$79,922	$336,453	$-23,017
2022	$98,421	$91,832	$238,036	$6,589