GREATER CENTRAL CT USBC

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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

2006

Principal Officer

RICHARD J VIRGADULA

Phone

8602897153

Tax Period

2024-08-01 to 2025-07-31

GREATER CENTRAL CT USBC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $125K in total revenue in fiscal year 2024. Expenses of $141K exceeded revenue, resulting in a 12% operating deficit.

Mission

PREPARING AVERAGE BOOK, AWARDS PROGRAM, LISTING BOWLERS AVERAGE IN VARIOUS LEAGUES, ETC

Program Service Accomplishments

Program 1

Expenses: $140,574

COLLECTING DUES, LISTING BOWLERS AVERAGE IN VARIOUS LEAGUES, AWARDS PROGRAM YEAR BOOK, ETC

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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 $125,379

Investment Income $0

Other Revenue $0

TOTAL REVENUE $125,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,092

Fundraising Expenses $0

Program Expenses $140,574

Other Expenses $127,482

TOTAL EXPENSES $140,574

Year-over-Year Comparison

	2024	2023	Change
Revenue	$125,379	$125,316	+0.0%
Expenses	$140,574	$150,463	-0.1%
Net Income	$-15,195	$-25,147	-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

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

$12,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD J VIRGADULA	ASSOCIATION	N/A	Officer	$12,000	$0	$12,000
STEPHEN BAILEY	PRESIDENT	N/A	Officer	$0	$0	$0
ADAM FREDRICKSON	VICE PRESIDE	N/A	Officer	$0	$0	$0
JANET HARRISON	VICE PRESIDE	N/A	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
2025	$125,379	$140,574	$108,989	$-15,195
2024	$125,316	$150,463	$124,184	$-25,147
2023	$84,918	$97,806	$149,331	$-12,888
2022	$162,563	$107,325	$163,372	$55,238
2021	$84,752	$95,586	$117,863	$-10,834
2020	$101,620	$102,058	$128,697	$-438
2019	$107,707	$128,183	$132,383	$-20,476