GERMAN-AMERICAN CLUB GESANGVEREIN INC (EIN 610404526) - 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

1942

Legal Domicile

Principal Officer

JANET SCHWEINHART

Phone

5029319336

Tax Period

2024-01-01 to 2024-12-31

GERMAN-AMERICAN CLUB GESANGVEREIN INC, founded in 1942, is a small nonprofit in the Arts, Culture & Humanities sector that reported $600K in total revenue in fiscal year 2024. Expenses of $544K left a modest 9% surplus.

Mission

A NOT-FOR-PROFIT CORPORATION, RUN WHOLLY BY VOLUNTEERS, THE GERMAN-AMERICAN CLUB IS A SOCIETY OF SINGERS WHICH PROMOTES THE MUSICAL AND CULTURAL EDUCATION OF ITS MEMBERS AND FOSTERS AND CULTIVATES THE SOCIAL AND EDUCATIONAL RELATIONS AMONG THEM, BROADENS INTEREST IN SINGING AND MUSIC, AND PERFORMS CONCERTS AND MUSICAL RECITALS. CLUB MEMBERSHIP IS OPEN TO ALL, AND SPONSORED EVENTS ARE ACCESSIBLE ONLY TO DUES-PAYING MEMBERS. THE CLUB PERFORMS TWO CONCERTS ANNUALLY AT ITS CLUB HOUSE OR OFFSITE LOCATIONS. THE CLUB HOUSE, WHICH CAN BE RENTED BY THE PUBLIC, INCLUDES A DANCEHALL, GERMAN ARTIFACTS AND MEMORABILIA, KITCHEN FACILITIES, AND PICNIC GROUNDS.

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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 $30,586

Program Service Revenue $569,765

Investment Income $97

Other Revenue $0

TOTAL REVENUE $600,448

Expense Breakdown

Grants Paid $18,989

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $544,469

Other Expenses $525,480

TOTAL EXPENSES $544,469

Year-over-Year Comparison

	2024	2023	Change
Revenue	$600,448	$572,235	+0.0%
Expenses	$544,469	$492,349	+0.1%
Net Income	$55,979	$79,886	-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

N/A

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
MEGHANN MARKS	SECRETARY	1.50	Officer Director	$0	$0	$0
JANET SCHWEINHART	ASST TREASURER	1.50	Officer Director	$0	$0	$0
KARIN NAUMOWICZ	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
TANYA SCHANTZ	DIRECTOR	1.50	Director	$0	$0	$0
CATHY REYNOLDS	PRESIDENT	1.50	Officer Director	$0	$0	$0
STEVE RIGGS	DIRECTOR	1.50	Director	$0	$0	$0
ALEX OTTE	DIRECTOR	1.50	Director	$0	$0	$0
JOE SCHWEINHART	DIRECTOR	1.50	Director	$0	$0	$0
KLAUS RIEDELSHEIMER	DIRECTOR	1.50	Director	$0	$0	$0
ANDY FEULNER	DIRECTOR	1.50	Director	$0	$0	$0
JONATHON MARKS	TREASURER	1.50	Director	$0	$0	$0
CONNIE MENZ	DIRECTOR	1.50	Director	$0	$0	$0
NANCY WOODS	DIRECTOR	1.50	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	$600,448	$544,469	$722,933	$55,979
2023	$572,235	$492,349	$666,954	$79,886
2022	$516,810	$379,966	$587,068	$136,844
2021	$443,022	$339,364	$450,224	$103,658
2020	$77,044	$106,471	$346,566	$-29,427
2019	$254,634	$244,394	$375,993	$10,240

GERMAN-AMERICAN CLUB GESANGVEREIN INC