RAYS TEAM INC (EIN 383130068) - 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

1993

Legal Domicile

Principal Officer

EMILY MCALPINE

Phone

6168855906

Tax Period

2023-09-01 to 2024-08-31

RAYS TEAM INC, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $201K in total revenue in fiscal year 2023. Expenses of $230K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROMOTE AMATEUR SWIMMING, INCLUDING COACHING, TRAINING, AND COMPETITIVE SWIM MEETS. APPROXIMATELY 200 SWIMMERS PARTICIPATE IN THIS PROGRAM.

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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 $201,375

Investment Income $0

Other Revenue $0

TOTAL REVENUE $201,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,102

Fundraising Expenses $0

Program Expenses $226,583

Other Expenses $141,591

TOTAL EXPENSES $229,693

Year-over-Year Comparison

	2023	2022	Change
Revenue	$201,375	$202,850	0.0%
Expenses	$229,693	$186,536	+0.2%
Net Income	$-28,318	$16,314	-2.7%

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

N/A

Volunteers

200

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
TAMMI VANDERZWAAG	DIRECTOR	5.00	Director	$0	$0	$0
BRIAN VIGNA	DIRECTOR	5.00	Director	$0	$0	$0
MATT HARKNESS	TREASURER	5.00	Officer	$0	$0	$0
EMILY MCALPINE	PRESIDENT	5.00	Officer	$0	$0	$0
BRIGIT O'GRADY	SECRETARY	5.00	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	$201,375	$229,693	$24,097	$-28,318
2023	$202,850	$186,536	$52,415	$16,314
2022	$215,229	$211,370	$36,101	$3,859
2021	$99,970	$93,190	$32,242	$6,780
2020	$177,350	$160,289	$25,462	$17,061
2019	$193,490	$217,445	$8,401	$-23,955
2018	$146,589	$144,119	$32,356	$2,470

RAYS TEAM INC