TOPS CLUB INC

EIN: 390866681 501(c)(3) Health Care

MILWAUKEE, WI

Total Revenue
$2,939,000
Total Expenses
$4,231,227
Total Assets
$1,700,188
Net Assets
$-981,492
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
WI
Principal Officer
RICHARD DANFORTH
Phone
4144824620
Tax Period
2023-01-01 to 2023-12-31

TOPS CLUB INC, founded in 1948, is a community nonprofit in the Health Care sector that reported $2.9M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $4.2M exceeded revenue, resulting in a 44% operating deficit.

Mission

THE TOPS MISSION IS TO PROVIDE AN AFFORDABLE AND EVIDENCE-BASED APPROACH TO HELP AND SUPPORT OUR MEMBERS AS THEY TAKE OFF AND KEEP OFF POUNDS SENSIBLY. OUR VISION IS TO BE THE BEST WEIGHT-LOSS SUPPORT CHOICE FOR PEOPLE WHO WANT AN ACTIVE AND HEALTHY LIFE.

Program Service Accomplishments

Program 1
Expenses: $2,869,613 Revenue: $2,425,670

MEMBERSHIP ACTIVITIES: TOPS MEMBERS MEET WEEKLY IN THOUSANDS OF LOCAL WEIGHT-LOSS SUPPORT CHAPTERS ACROSS THE UNITED STATES AND CANADA TO WEIGH-IN, LEARN WAYS TO BECOME HEALTHIER (THROUGH...

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MEMBERSHIP ACTIVITIES: TOPS MEMBERS MEET WEEKLY IN THOUSANDS OF LOCAL WEIGHT-LOSS SUPPORT CHAPTERS ACROSS THE UNITED STATES AND CANADA TO WEIGH-IN, LEARN WAYS TO BECOME HEALTHIER (THROUGH PROFESSIONALLY PREPARED PROGRAMS ABOUT NUTRITION, PROPER PORTION SIZES, FITNESS, SELF-CARE, AND BEHAVIOR MODIFICATION) AND TO SUPPORT AND RECOGNIZE ONE ANOTHER AS THEY MAKE HEALTHY LIFESTYLE CHANGES TOGETHER. TOPS' GOAL IS TO ENSURE PEOPLE ARE AT THEIR HEALTHIEST AT EVERY WEIGHT. THIS IS ACCOMPLISHED THROUGH SEVERAL MEMBER PROGRAMS SUCH AS RETREATS, INTERNATIONAL RECOGNITION DAY, AND RECOGNITION AWARDS.

Program 2
Expenses: $314,838

EDUCATION ACTIVITIES: AS AN APPROVED PROVIDER FOR SUPPORT SERVICES FUNDED BY THE CENTERS FOR DISEASE CONTROL AND PREVENTION, TOPS CONTINUES TO EXPAND ITS JOINT EFFORTS WITH LOCAL AND STATE HEALTH...

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EDUCATION ACTIVITIES: AS AN APPROVED PROVIDER FOR SUPPORT SERVICES FUNDED BY THE CENTERS FOR DISEASE CONTROL AND PREVENTION, TOPS CONTINUES TO EXPAND ITS JOINT EFFORTS WITH LOCAL AND STATE HEALTH DEPARTMENTS TO REACH UNDERSERVED, LOW-INCOME COMMUNITIES THROUGH WISEWOMAN AND SIMILAR PROGRAMS. TOPS IS COOPERATING WITH AN INDEPENDENT RESEARCHER INVESTIGATING THE EFFICACY OF OUR PROGRAM IN A TARGETED STUDY OF AFRICAN-AMERICAN BREAST CANCER SURVIVORS FUNDED OVER A MULTI-YEAR GRANT FROM THE NATIONAL INSTITUTES OF HEALTH. TOPS CONTINUES ITS DECADES-LONG RELATIONSHIPS WITH UNIVERSITY REASEARCHERS INVESTIGATING THE DISEASE OF OBESITY AND ITS COMORBIDITIES.

Program 3
Expenses: $436,034 Revenue: $85,322

FIELD STAFF ACTIVITIES: TOPS HAS NEARLY 400 FIELD STAFF, ALL OF WHOM ARE MEMBERS AND MANY OF WHOM ARE VOLUNTEERS. TOPS HAS AN AGREEMENT WITH THESE DEDICATED MEN AND WOMEN TO PROVIDE SUPPORT AND...

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FIELD STAFF ACTIVITIES: TOPS HAS NEARLY 400 FIELD STAFF, ALL OF WHOM ARE MEMBERS AND MANY OF WHOM ARE VOLUNTEERS. TOPS HAS AN AGREEMENT WITH THESE DEDICATED MEN AND WOMEN TO PROVIDE SUPPORT AND SERVICE TO CHAPTERS IN THEIR LOCAL AREAS. THEY ORGANIZE VOLUNTEER TRAINING SESSIONS FOR LEADERS AND CHAPTER OFFICERS TO HELP THEM CONTINUOUSLY IMPROVE THE EXPERIENCE THE VOLUNTEERS IN THEIR WEIGHT-LOSS AND HEALTHY LIFESTYLE EFFORTS. TOPS HEADQUARTERS MAKES AVAILABLE NUMEROUS TOOLS FOR FIELD STAFF SUPPORT, INCLUDING FREE RETREATS, BEST PRACTICES WEBINARS, AND THE LIKE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $71,359
Program Service Revenue $2,425,670
Investment Income $-32,611
Other Revenue $474,582
TOTAL REVENUE $2,939,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,957,812
Fundraising Expenses $0
Program Expenses $3,620,485
Other Expenses $2,273,415
TOTAL EXPENSES $4,231,227

Year-over-Year Comparison

2023 2022 Change
Revenue $2,939,000 $3,688,012 -0.2%
Expenses $4,231,227 $3,746,304 +0.1%
Net Income $-1,292,227 $-58,292 +21.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
N/A
Employees
29
Volunteers
15000

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
$187,835
Total Directors
7
$234,633
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD DANFORTH PRESIDENT 50.00
Officer Director
$128,173 $10,254 $138,427
DEANNA BIES VICE PRESIDENT 20.00
Officer Director
$7,200 $0 $7,200
SANDRA SEIDLITZ TREASURER 20.00
Officer Director
$7,200 $0 $7,200
KAREN TINLIN SECRETARY 20.00
Officer Director
$7,200 $0 $7,200
CAROL HOLTZ BOARD MEMBER 40.00
Director
$46,798 $0 $46,798
GINA BRUESKE BOARD MEMBER 20.00
Officer Director
$18,300 $0 $18,300
BARBARA CADY CHAIRMAN 40.00
Officer Director
$9,508 $0 $9,508
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 $2,939,000 $4,231,227 $1,700,188 $-1,292,227
2022 $3,688,012 $3,746,304 $1,528,490 $-58,292
2021 $3,336,938 $3,717,277 $2,213,905 $-380,339
2020 $5,855,677 $5,804,370 $2,183,277 $51,307
2019 $5,618,600 $5,873,482 $2,176,576 $-254,882
2018 $5,540,510 $5,628,334 $2,192,364 $-87,824
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