TYPE-R CLUB OF AMERICA

EIN: 811407612

GLENVIEW, IL

Total Revenue
$9,198
Total Expenses
$2,020
Total Assets
N/A
Net Assets
N/A
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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
2016
Legal Domicile
IL
Principal Officer
JAY HAIRE
Phone
7733516956
Tax Period
2022-01-01 to 2022-12-31

TYPE-R CLUB OF AMERICA, founded in 2016, is a micro nonprofit that reported $9K in total revenue in fiscal year 2022. The organization ran a surplus of $7K, a strong 78% operating margin.

Mission

TYPE R CLUB OF AMERICA IS A SOCIAL CAR CLUB REVOLVING AROUND THE LIMITED PRODUCTION TYPE R MODEL CARS FROM HONDA / ACURA. THE GOAL IS TO KEEP THE COMMUNITY ALIVE ALONG WITH AN ANNUAL EXPO EVENT THAT BRINGS MEMBERS TOGETHER.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $9,198
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $9,198

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $695
Other Expenses $2,020
TOTAL EXPENSES $2,020

Year-over-Year Comparison

2022 2021 Change
Revenue $9,198 $9,650 0.0%
Expenses $2,020 $11,316 -0.8%
Net Income $7,178 $-1,666 -5.3%
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

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Governance

Voting Members
12
Independent Members
12
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY HAIRE PRESIDENT 1.00
Director
$0 $0 $0
JOSEPH FARRELL DIRECTOR 1.00
Director
$0 $0 $0
JAMES LORENZETTI DIRECTOR 1.00
Director
$0 $0 $0
RYAN CONLEY DIRECTOR 1.00
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
2022 $9,198 $2,020 No data $7,178
2021 $9,650 $11,316 $278 $-1,666
2020 No data $731 $273 No data
2019 No data $1,716 $513 No data
2018 $38,850 $39,253 $4,584 $-403
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