THE REC CENTER LTD (EIN 421373886) - 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

1991

Legal Domicile

Principal Officer

DAVID GEORGE

Phone

3193852960

Tax Period

2024-07-01 to 2025-06-30

THE REC CENTER LTD, founded in 1991, is a small nonprofit in the Recreation & Sports sector that reported $532K in total revenue in fiscal year 2024. Expenses of $624K exceeded revenue, resulting in a 17% operating deficit.

Mission

IT IS THE MISSION OF THE REC CENTER TO PROMOTE QUALITY LIVING AND WELL-BEING FOR PEOPLE OF ALL AGES THROUGH FITNESS, RECREATION AND WELLNESS OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $33,990

Program Service Revenue $487,136

Investment Income $10,985

Other Revenue $0

TOTAL REVENUE $532,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $292,559

Fundraising Expenses $9,892

Program Expenses $526,857

Other Expenses $331,746

TOTAL EXPENSES $624,305

Year-over-Year Comparison

	2024	2023	Change
Revenue	$532,111	$508,345	+0.0%
Expenses	$624,305	$588,357	+0.1%
Net Income	$-92,194	$-80,012	+0.2%

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

$89,273

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GEORGE	PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM BECKER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ROEDERER	DIRECTOR	1.00	Director	$0	$0	$0
LINDA WILKERSON	DIRECTOR	1.00	Director	$0	$0	$0
AIMEE SHEPHERD	DIRECTOR	1.00	Director	$0	$0	$0
MEG RICHTMAN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
REED WENSTRAND	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMIE SCHADT	DIRECTOR	1.00	Director	$0	$0	$0
MATT DONNOLLY	DIRECTOR	1.00	Director	$0	$0	$0
RYAN DUFFIE	DIRECTOR	40.00	Officer	$86,673	$2,600	$89,273

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	$532,111	$624,305	$1,200,623	$-92,194
2024	$508,345	$588,357	$1,278,754	$-80,012
2023	$494,810	$606,586	$1,286,549	$-111,776
2022	$585,940	$609,195	$1,357,068	$-23,255
2021	$590,231	$539,342	$1,442,628	$50,889
2020	$468,013	$576,087	$1,427,983	$-108,074
2019	$572,637	$577,202	$1,417,232	$-4,565

THE REC CENTER LTD