THE 50 CLUB OF CLEVELAND (EIN 341406861) - Form 990 Financial Analysis & Trantor Score

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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

2008

Legal Domicile

Principal Officer

RICHARD STOVSKY

Phone

2164380878

Tax Period

2022-07-01 to 2023-06-30

THE 50 CLUB OF CLEVELAND, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $197K in total revenue in fiscal year 2022. Expenses of $283K exceeded revenue, resulting in a 44% operating deficit.

Mission

TO PROVIDE AN INFORMAL ORGANIZATION THROUGH WHICH CITIZENS WHO HAVE DEMONSTRATED THEIRLEADERSHIP IN GREATER CLEVELAND MAY BECOME BETTER INFORMED ON TOPICS OF LOCAL, NATIONAL AND INTERNATIONAL INTEREST.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $187,218

Investment Income $2,837

Other Revenue $6,550

TOTAL REVENUE $196,605

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,968

Fundraising Expenses $0

Program Expenses $251,938

Other Expenses $242,120

TOTAL EXPENSES $283,088

Year-over-Year Comparison

	2022	2021	Change
Revenue	$196,605	$186,803	+0.1%
Expenses	$283,088	$153,742	+0.8%
Net Income	$-86,483	$33,061	-3.6%

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

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
MICKI BYRNES	PRESIDENT	2.00	Officer Director	$0	$0	$0
DANIEL WALSH	FIRST VICE PRESIDENT, SECR	1.00	Officer Director	$0	$0	$0
JULIE BOLAND	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL CLARK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID LARUE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD STOVSKY	TREASURER	2.00	Officer Director	$0	$0	$0
MICHELLE CONNELL	VICE PRESIDENT	1.00	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	No data	No data	No data	No data
2023	$196,605	$283,088	$340,959	$-86,483
2022	$186,803	$153,742	$427,442	$33,061
2021	$169,822	$49,818	$394,381	$120,004
2020	$234,695	$199,435	$274,377	$35,260
2019	$253,878	$239,373	$239,117	$14,505

THE 50 CLUB OF CLEVELAND