TOWSONTOWNE RECREATION COUNCIL (EIN 521635117) - 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

1990

Legal Domicile

Principal Officer

CHARLES WARNS

Phone

4108875883

Tax Period

2024-06-01 to 2025-05-31

TOWSONTOWNE RECREATION COUNCIL, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $229K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $212K left a modest 7% surplus.

Mission

TO PROVIDE RECREATION PROGRAMS FOR MEMBERS OF THE COMMUNITY (ADULTS AND CHILDREN)

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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 $0

Program Service Revenue $225,166

Investment Income $3,663

Other Revenue $0

TOTAL REVENUE $228,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $202,268

Other Expenses $212,195

TOTAL EXPENSES $212,195

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,829	$178,875	+0.3%
Expenses	$212,195	$299,293	-0.3%
Net Income	$16,634	$-120,418	-1.1%

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

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
MATT NUZZI	PRESIDENT	25.00	Officer Director	$0	$0	$0
CHARLES WARNS	TREASURER	7.00	Officer Director	$0	$0	$0
BOB TAYLOR	AT LARGE	2.00	Director	$0	$0	$0
ERIK KHIN	AT LARGE	1.00	Director	$0	$0	$0
PAUL BHATIA	AT LARGE	2.00	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
2025	$228,829	$212,195	$429,784	$16,634
2024	$178,875	$299,293	$413,150	$-120,418
2023	$242,133	$239,602	$533,568	$2,531
2022	$184,957	$146,557	$531,037	$38,400
2021	$80,215	$92,042	$492,637	$-11,827
2020	$283,174	$324,769	$504,464	$-41,595
2019	$375,647	$359,717	$546,059	$15,930

TOWSONTOWNE RECREATION COUNCIL