Summit Senior Golf of Akron 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

2014

Legal Domicile

Principal Officer

Tom Begley

Tax Period

2022-01-01 to 2022-12-31

Summit Senior Golf of Akron Inc, founded in 2014, is a small nonprofit that reported $179K in total revenue in fiscal year 2022. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

To promote amatuer golf in the greater Akron, Ohio area.

Program Service Accomplishments

Program 1

Expenses: $177,377 Revenue: $178,837

Conducting amatuer golf tournaments for senior golfers in the Akron, Ohio area

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $178,837

Investment Income $0

Other Revenue $0

TOTAL REVENUE $178,837

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $177,377

Other Expenses $177,377

TOTAL EXPENSES $177,377

Year-over-Year Comparison

	2022	2021	Change
Revenue	$178,837	$139,545	+0.3%
Expenses	$177,377	$145,870	+0.2%
Net Income	$1,460	$-6,325	-1.2%

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

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

$3,400

Total Directors

$7,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rosalyn Harris	Secretary	005.00	Officer Director	$1,200	$0	$1,200
John Foss	Director	005.00	Director	$1,200	$0	$1,200
Chuck Maroon	President	005.00	Officer Director	$1,200	$0	$1,200
Kevin Tuxker	Director	005.00	Director	$1,000	$0	$1,000
Leroy Martin	Director	005.00	Director	$1,000	$0	$1,000
Thomas Begley	Treasurer	001.00	Officer Director	$1,000	$0	$1,000
Les Carney	Director	005.00	Director	$700	$0	$700
Steve Piesciuk	Director	001.00	Director	$0	$0	$0
Dave McMullen	Director Emeritus	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
2022	$178,837	$177,377	$4,740	$1,460
2021	$139,545	$145,870	$3,189	$-6,325
2020	$138,875	$137,913	$9,512	$962
2019	$170,887	$165,185	$8,550	$5,702
2018	$166,797	$165,766	$2,848	$1,031