SOLON SPORTSMENS ASSOCIATION 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

1950

Legal Domicile

Principal Officer

ED RYKALLA III

Tax Period

2023-01-01 to 2023-12-31

SOLON SPORTSMENS ASSOCIATION INC, founded in 1950, is a micro nonprofit in the Recreation & Sports sector that reported $50K in total revenue in fiscal year 2023. Expenses of $44K left a modest 13% surplus.

Mission

PROMOTE SPORTSMEN ACTIVITIES

Program Service Accomplishments

Program 1

PROMOTE INTEREST IN HUNTING, SHOOTING, FISHING, CASTING, BOATING AND OTHER LAWFUL SPORT. CULTIVATE GOODWILL AND SEEK COOPERATION OF FARMERS, AND LAND OWNERS AND ASSIST THEM WHERE NEEDED. EDUCATE AND...

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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 $50,106

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $50,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $43,811

TOTAL EXPENSES $43,811

Year-over-Year Comparison

	2023	2022	Change
Revenue	$50,106	$50,671	0.0%
Expenses	$43,811	$32,018	+0.4%
Net Income	$6,295	$18,653	-0.7%

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

N/A

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
ROBERT SAVARINO	TREASURER	2.00	Officer	$0	$0	$0
JOSEPH HALUSKA	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ED RYKALLA III	PRESIDENT	2.00	Officer	$0	$0	$0
JOHN VALENCIC	SECRETARY	2.00	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	No data	No data	No data	No data
2023	$50,106	$43,811	$436,770	$6,295
2022	$50,671	$32,018	$430,475	$18,653
2021	$43,901	$55,351	$411,822	$-11,450
2020	$39,769	$32,379	$423,272	$7,390
2019	$42,658	$32,389	$415,882	$10,269