BAY ROCKETS ASSOCIATION

EIN: 341744779 501(c)(3)

BAY VILLAGE, OH

Total Revenue
$287,814
Total Expenses
$244,750
Total Assets
$320,900
Net Assets
$320,900
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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
1992
Legal Domicile
OH
Principal Officer
ROBERT REED
Phone
4404761298
Tax Period
2024-07-01 to 2025-06-30

BAY ROCKETS ASSOCIATION, founded in 1992, is a small nonprofit that reported $288K in total revenue in fiscal year 2024. Expenses of $245K left a modest 15% surplus.

Mission

SUPPORT OF STUDENT ATHLETICS

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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 $36,742
Program Service Revenue $165,823
Investment Income $264
Other Revenue $84,985
TOTAL REVENUE $287,814

Expense Breakdown

Grants Paid $10,058
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $228,787
Other Expenses $234,692
TOTAL EXPENSES $244,750

Year-over-Year Comparison

2024 2023 Change
Revenue $287,814 $300,907 0.0%
Expenses $244,750 $254,652 0.0%
Net Income $43,064 $46,255 -0.1%
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
43
Independent Members
43
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
6
$0
Total Directors
43
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHIP ASCHENBRENNER BOARD MEMBER N/A
Director
$0 $0 $0
BRAD CHILTON VICE SECRETA N/A
Officer Director
$0 $0 $0
DAN CLEARY BOARD MEMBER N/A
Director
$0 $0 $0
TOM DENT BOARD MEMBER N/A
Director
$0 $0 $0
ALAN DOANE BOARD MEMBER N/A
Director
$0 $0 $0
MARIA DUBICK BOARD MEMBER N/A
Director
$0 $0 $0
DEE DUNSTAN BOARD MEMBER N/A
Director
$0 $0 $0
CHRIS EDELMAN BOARD MEMBER N/A
Director
$0 $0 $0
SARAH EDELMAN BOARD MEMBER N/A
Director
$0 $0 $0
DAN FARRAR VICE TREASUR N/A
Officer Director
$0 $0 $0
CORRYN FIRIS SECRETARY N/A
Officer Director
$0 $0 $0
GARY FITCHPATRICK BOARD MEMBER N/A
Director
$0 $0 $0
KYLE FLEMING BOARD MEMBER N/A
Director
$0 $0 $0
DAVE FLOREZ BOARD MEMBER N/A
Director
$0 $0 $0
GREG KANDRA TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL KRAFT BOARD MEMBER N/A
Director
$0 $0 $0
CHIP KRUEGER VICE PRESIDE N/A
Officer Director
$0 $0 $0
EMILY KRUEGER BOARD MEMBER N/A
Director
$0 $0 $0
KATE LAVOUGUE BOARD DIRECT N/A
Director
$0 $0 $0
BRIAN LEE BOARD MEMBER N/A
Director
$0 $0 $0
MOLLY MACK BOARD MEMBER N/A
Director
$0 $0 $0
DAVID MAYER BOARD MEMBER N/A
Director
$0 $0 $0
BECKY MCALEA BOARD MEMBER N/A
Director
$0 $0 $0
JACKIE MCNAMARA BOARD MEMBER N/A
Director
$0 $0 $0
MIKE MILETI BOARD MEMBER N/A
Director
$0 $0 $0
MEGAN NALLY BOARD MEMBER N/A
Director
$0 $0 $0
MATT NASMAN BOARD MEMBER N/A
Director
$0 $0 $0
KATIE NEWMAN BOARD MEMBER N/A
Director
$0 $0 $0
SCOTT NORCROSS BOARD MEMBER N/A
Director
$0 $0 $0
HOLLY NYE BOARD MEMBER N/A
Director
$0 $0 $0
BETH PETERSEN BOARD MEMBER N/A
Director
$0 $0 $0
NATE PETERSEN BOARD MEMBER N/A
Director
$0 $0 $0
ROBERT REED PRESIDENT N/A
Officer Director
$0 $0 $0
DAN RETTIG BOARD MEMBER N/A
Director
$0 $0 $0
JODEE RODGERS BOARD MEMBER N/A
Director
$0 $0 $0
LISA ROPELEWSKI BOARD MEMBER N/A
Director
$0 $0 $0
JILL SCHROCK BOARD MEMBER N/A
Director
$0 $0 $0
MATT SPELLMAN BOARD MEMBER N/A
Director
$0 $0 $0
PAUL SUTHERLAND BOARD MEMBER N/A
Director
$0 $0 $0
MELISSA ULLOM BOARD MEMBER N/A
Director
$0 $0 $0
CHRIS VEVERKA BOARD MEMBER N/A
Director
$0 $0 $0
CHAD WILLIAMS BOARD MEMBER N/A
Director
$0 $0 $0
JOHN WINKLER BOARD MEMBER 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
2025 $287,814 $244,750 $320,900 $43,064
2024 $300,907 $254,652 $277,836 $46,255
2023 $362,844 $379,371 $231,581 $-16,527
2022 $278,212 $211,707 $248,108 $66,505
2021 $176,279 $236,223 $181,603 $-59,944
2020 $251,555 $230,109 $180,040 $21,446
2019 $219,912 $144,142 $202,947 $75,770
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