RAVENSWORTH FARM SWIM & RACQUET CLUB INC (EIN 546044740) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Phone

7038874028

Tax Period

2024-01-01 to 2024-12-31

RAVENSWORTH FARM SWIM & RACQUET CLUB INC, founded in 1961, is a small nonprofit in the Recreation & Sports sector that reported $238K in total revenue in fiscal year 2021. The organization ran a surplus of $62K, a strong 26% operating margin.

Mission

MAINTAIN AND OPERATE A SWIMMING POOL IN THE RAVENSWORTH FARM NEIGHBORHOOD FOR THE USE OF MEMBERS FROM THE NEIGHBORHOOD AND SURROUNDING AREA: 100% OF TIME AND RESOURCES; THIS ACTIVITY IS OUR EXEMPT PURPOSE; IT IS CONTINUOUS AND CONDUCTED BY ALL BOARD MEMBERS AND THE POOL MANAGER.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $224,256

Program Service Revenue $106,189

Investment Income $38

Other Revenue $0

TOTAL REVENUE $330,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $104,119

Fundraising Expenses $0

Program Expenses $227,915

Other Expenses $139,150

TOTAL EXPENSES $243,269

Year-over-Year Comparison

	2024	2023	Change
Revenue	$330,483	$290,390	+0.1%
Expenses	$243,269	$224,225	+0.1%
Net Income	$87,214	$66,165	+0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAHELET BRUCE	TREASURER	1.00	Officer	$0	$0	$0
DAN VANBRUNT	PRESIDENT	1.00	Officer	$0	$0	$0
KEVIN MUIR	VICE PRESIDENT	1.00	Officer	$0	$0	$0
PAM BORUP	SECRETARY	1.00	Officer	$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	$330,483	$243,269	$517,742	$87,214
2023	$290,390	$224,225	$430,528	$66,165
2022	$266,082	$240,896	$364,363	$25,186
2021	$238,282	$176,487	$339,177	$61,795

RAVENSWORTH FARM SWIM & RACQUET CLUB INC