Springboard Recreation Club Inc

EIN: 540908420

Springfield, VA

Total Revenue
$241,201
Total Expenses
$229,309
Total Assets
$217,895
Net Assets
$143,635
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
VA
Principal Officer
Bradley Buswell
Phone
7037197359
Tax Period
2023-01-01 to 2023-12-31

Springboard Recreation Club Inc, founded in 1960, is a small nonprofit that reported $201K in total revenue in fiscal year 2019. Expenses of $180K left a modest 10% surplus.

Mission

Maintained recreational facilities for members which required expenditures for: a pool management company responsible for employing lifeguards and pool operators pool equipment maintenance, buildings and grounds maintenance and loan payments for past facility upgrades. Offered a competitive swim and dive program for member youth 18 and under. Sponsored social activities for members to promote positive community interaction.

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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 $0
Program Service Revenue $236,410
Investment Income $0
Other Revenue $4,791
TOTAL REVENUE $241,201

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,517
Fundraising Expenses $0
Other Expenses $208,792
TOTAL EXPENSES $229,309

Year-over-Year Comparison

2023 2022 Change
Revenue $241,201 $236,468 +0.0%
Expenses $229,309 $197,826 +0.2%
Net Income $11,892 $38,642 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
15
Volunteers
50

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
8
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bradley Buswell Treasurer 3.00
Officer Director
$0 $0 $0
Gary Finnegan Director 1.00
Director
$0 $0 $0
Steve Gross Director 2.00
Director
$0 $0 $0
Tama Quaid Director 2.00
Director
$0 $0 $0
Blaine Lankford President 2.00
Officer Director
$0 $0 $0
Meghan Scheifele Vice President 2.00
Officer Director
$0 $0 $0
Kirstin Schlereth Secretary 2.00
Officer Director
$0 $0 $0
Chris Fasano Director 3.00
Director
$0 $0 $0
Amy Downey Secretary 3.00
Officer Director
$0 $0 $0
Stephanie Burgess Vice President 1.00
Officer Director
$0 $0 $0
Brian Smith Vice President 1.00
Officer Director
$0 $0 $0
Brian Fiore Vice President 1.00
Officer Director
$0 $0 $0
Cyrus Lawyer Director 1.00
Director
$0 $0 $0
Brad Kramer Director 3.00
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
2024 No data No data No data No data
2023 $241,201 $229,309 $217,895 $11,892
2022 $236,468 $197,826 $300,830 $38,642
2021 $211,755 $172,889 $268,129 $38,866
2019 $201,180 $180,114 $212,988 $21,066
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