VIRGINIA BEACH, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FIRST SETTLERS REGION PORSCHE CLUB OF AMERICA INC, founded in 1971, is a small nonprofit in the Public Safety sector that reported $217K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $247K exceeded revenue, resulting in a 14% operating deficit.
1.PROMOTE SAFE AND COURTEOUS DRIVING: FOSTER THE HIGHEST STANDARDS OF SAFETY AND RESPECT ON THE ROADS. 2.ENJOY AND SHARE FELLOWSHIP: CELEBRATE THE CAMARADERIE AND GOODWILL THAT COMES WITH OWNING A PORSCHE, AND PARTICIPATE IN SOCIAL EVENTS THAT BRING MEMBERS TOGETHER. 3.MAINTAIN HIGH OPERATIONAL STANDARDS: ENSURE THE TOP PERFORMANCE AND QUALITY OF PORSCHE VEHICLES BY SHARING TECHNICAL AND MECHANICAL KNOWLEDGE AMONG MEMBERS. 4.BUILD STRONG RELATIONSHIPS: DEVELOP MUTUALLY BENEFICIAL PARTNERSHIPS WITH PORSCHE, DEALERSHIPS, AND RELATED SERVICES, WHILE PROMOTING THE PORSCHE BRAND'S LEADING POSITION IN THE SPORTS CAR INDUSTRY. 5.ENCOURAGE GLOBAL EXCHANGE OF IDEAS: FACILITATE THE SHARING OF IDEAS AND SUGGESTIONS WITH OTHER PORSCHE CLUBS WORLDWIDE. 6.FOSTER COOPERATION WITH OTHER CLUBS: ESTABLISH COOPERATIVE RELATIONSHIPS WITH OTHER SPORTS CAR CLUBS FOR MUTUAL BENEFIT.
ORGANIZED AND HOSTED DRIVER EDUCATION EVENTS TO ENHANCE AND REFINE MEMBERS' DRIVING SKILLS.
DEMONSTRATED A STRONG COMMITMENT TO GIVING BACK BY ACTIVELY SUPPORTING CHARITABLE ORGANIZATIONS. OUR EFFORTS INCLUDED VOLUNTEERING TIME AND GATHERING GENEROUS DONATIONS FROM MEMBERS TO SPONSOR LOCAL...
DEMONSTRATED A STRONG COMMITMENT TO GIVING BACK BY ACTIVELY SUPPORTING CHARITABLE ORGANIZATIONS. OUR EFFORTS INCLUDED VOLUNTEERING TIME AND GATHERING GENEROUS DONATIONS FROM MEMBERS TO SPONSOR LOCAL PROGRAMS. ADDITIONALLY, WE MADE IMPACTFUL CONTRIBUTIONS TO THE FOODBANK OF SOUTHEASTERN VIRGINIA AND HABITAT FOR HUMANITY, HELPING IMPROVE THE LIVES OF THOSE IN NEED.
ORGANIZED NUMEROUS SOCIAL EVENTS TO FOSTER A SENSE OF COMMUNITY, STRENGTHEN MEMBER RELATIONSHIPS, PROMOTE THE PORSCHE BRAND, AND PROVIDE OPPORTUNITIES FOR NETWORKING AND PERSONAL ENJOYMENT. THESE...
ORGANIZED NUMEROUS SOCIAL EVENTS TO FOSTER A SENSE OF COMMUNITY, STRENGTHEN MEMBER RELATIONSHIPS, PROMOTE THE PORSCHE BRAND, AND PROVIDE OPPORTUNITIES FOR NETWORKING AND PERSONAL ENJOYMENT. THESE EVENTS NOT ONLY BROUGHT MEMBERS TOGETHER BUT ALSO CONTRIBUTED TO BUILDING LASTING CONNECTIONS AND ENHANCING THE OVERALL CLUB EXPERIENCE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $217,026 | $249,360 | -0.1% |
| Expenses | $246,649 | $208,063 | +0.2% |
| Net Income | $-29,623 | $41,297 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ERIK APOTHEKER | PRESIDENT | 5.00 |
Director
|
$0 | $0 | $0 |
| JIM HAMEL | VICE PRESIDE | 5.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL BALL | VICE PRESIDE | 5.00 |
Director
|
$0 | $0 | $0 |
| JOHN GREENE | SECRETARY | 5.00 |
Director
|
$0 | $0 | $0 |
| JOHN SCHWAEBLER | TREASURER | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $217,026 | $246,649 | $141,515 | $-29,623 |
| 2023 | $249,360 | $208,063 | $173,575 | $41,297 |
| 2021 | $214,507 | $144,312 | $144,596 | $70,195 |
Compare FIRST SETTLERS REGION PORSCHE CLUB OF AMERICA INC with other nonprofits in Virginia and across the country.