CHARLOTTE RIFLE & PISTOL CLUB 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

1947

Legal Domicile

Principal Officer

TRACY TODD

Phone

7049641694

Tax Period

2024-04-01 to 2025-03-31

CHARLOTTE RIFLE & PISTOL CLUB INC, founded in 1947, is a small nonprofit that reported $773K in total revenue in fiscal year 2024. The organization ran a surplus of $320K, a strong 41% operating margin.

Mission

THE PURPOSE OF THIS CORPORATION SHALL BE: TO ENCOURAGE THE SHOOTING SPORTS; TO ENCOURAGE THE SAFE HANDLING OF FIREARMS; TO PROMOTE GOOD MARKSMANSHIP; AND TO PROMOTE INTEGRITY, FELLOWSHIP, AND TEAM PLAY AMONG THE MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $286,517 Revenue: $692,199

SHOOTING SPORTS EDUCATION AND TRAINING PROGRAM PROVIDING SERVICES TO MEMBERS AND THE GENERAL PUBLIC INCLUDING ORGANIZED COMPETITIONS AND SAFETY INSTRUCTIONS FOR 50-75 INDIVIDUALS EACH MONTH.

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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 $678,873

Investment Income $81,048

Other Revenue $13,326

TOTAL REVENUE $773,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,241

Fundraising Expenses $0

Program Expenses $286,517

Other Expenses $417,253

TOTAL EXPENSES $453,494

Year-over-Year Comparison

	2024	2023	Change
Revenue	$773,247	$779,830	0.0%
Expenses	$453,494	$549,500	-0.2%
Net Income	$319,753	$230,330	+0.4%

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

318

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
TRACY TODD	PRESIDENT	30.00	Officer Director	$0	$0	$0
BILLY HOLLAND	VICE PRESIDENT	30.00	Officer Director	$0	$0	$0
DAVID GRIMM	SECRETARY	30.00	Officer Director	$0	$0	$0
PETER VON STREERUWITZ	TREASURER	30.00	Officer Director	$0	$0	$0
MARE CIARLANTE	DIRECTOR	15.00	Director	$0	$0	$0
ROBERT GAGNE	DIRECTOR	15.00	Director	$0	$0	$0
DOMINICK RUSSO	DIRECTOR	15.00	Director	$0	$0	$0
HAROLD KIMMER	DIRECTOR	15.00	Director	$0	$0	$0
DANIEL PERRONE	DIRECTOR	15.00	Director	$0	$0	$0
MARK ARMENTROUT	DIRECTOR	15.00	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	$773,247	$453,494	$3,517,567	$319,753
2024	$843,335	$549,499	$3,178,088	$293,836
2023	$708,973	$517,886	$2,944,904	$191,087
2022	$639,059	$450,219	$2,541,512	$188,840
2021	$530,256	$361,947	$2,353,039	$168,309
2020	$573,444	$488,882	$2,187,587	$84,562
2019	$599,447	$349,379	$2,099,651	$250,068