GREENDALE ENTERTAINMENT ASSOC 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

1997

Legal Domicile

Principal Officer

DONNA OUELLETTE

Phone

4144218150

Tax Period

2020-01-01 to 2020-12-31

GREENDALE ENTERTAINMENT ASSOC INC, founded in 1997, is a micro nonprofit that reported $22K in total revenue in fiscal year 2020. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 56% operating deficit.

Mission

PROVIDE COMMUNITY ENTERTAINMENT VILLAGE DAYS, SATURDAY NIGHT MUSIC ON THE GREEN, CHILDREN'S RESALE.

Program Service Accomplishments

Program 1

CHILDREN'S CLOTHING AND TOY RESALE. PROVIDE LOCATION AND STRUCTURED OPPORTUNITY FOR INDIVIDUALS TO BUY AND SELL USED CHILDREN'S CLOTHING AND OTHER RELATED TOYS AND GOODS. ESTIMATED SELLERS/BUYERS...

CHILDREN'S CLOTHING AND TOY RESALE. PROVIDE LOCATION AND STRUCTURED OPPORTUNITY FOR INDIVIDUALS TO BUY AND SELL USED CHILDREN'S CLOTHING AND OTHER RELATED TOYS AND GOODS. ESTIMATED SELLERS/BUYERS 1000+. EXCESS CLOTHING AND TOYS DONATED TO SERVICE GROUPS IN NEED.

Program 2

VILLAGE DAYS FESTIVAL. PROVIDE ENTERTAINMENT FOR ALL AGES TO BRING THE COMMUNITY TOGETHER.

Program 3

SATURDAY NIGHT MUSIC ON THE GREEN. PROVIDE MUSIC ENTERTAINMENT FOR THE COMMUNITY ON SATURDAY NIGHTS DURING THE SUMMER MONTHS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $11,501

Investment Income $39

Other Revenue $0

TOTAL REVENUE $21,540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,609

Other Expenses $33,609

TOTAL EXPENSES $33,609

Year-over-Year Comparison

	2020	2019	Change
Revenue	$21,540	$235,665	-0.9%
Expenses	$33,609	$234,440	-0.9%
Net Income	$-12,069	$1,225	-10.9%

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

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
MERI BELL	SECRETARY	N/A	Officer	$0	$0	$0
CAROLANN L MATZEK	TREASURER	N/A	Officer	$0	$0	$0
TONY NOVINSKA	VICE PRESIDE	N/A	Officer	$0	$0	$0
DONNA OUELLETTE	PRESIDENT	N/A	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
2020	$21,540	$33,609	$65,049	$-12,069
2019	$235,665	$234,440	$77,722	$1,225