CONNETQUOT SWIMMING & DIVING CLUB INC

EIN: 813608688 501(c)(3) Recreation & Sports

Holtsville, NY

Total Revenue
$142,400
Total Expenses
$180,125
Total Assets
$-74,496
Net Assets
$-74,496
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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
NY
Principal Officer
ALEX SCHICHILONE SCICHILONE
Phone
6314453267
Tax Period
2021-01-01 to 2021-12-31

CONNETQUOT SWIMMING & DIVING CLUB INC, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $142K in total revenue in fiscal year 2021. Expenses of $180K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO SUPPORT AMATEUR SPORTS TRAINING AND COMPETITION IN THE SPORTS OF SWIMMING AND DIVING

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $142,400
Investment Income $0
Other Revenue $0
TOTAL REVENUE $142,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $151,617
TOTAL EXPENSES $180,125

Year-over-Year Comparison

2021 2020 Change
Revenue $142,400 $140,980 +0.0%
Expenses $180,125 $177,751 +0.0%
Net Income $-37,725 $-36,771 +0.0%
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
3
Independent Members
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX SCICHILONE PRESIDENT 025.00
Officer
$0 $0 $0
GEORGE RHEIN TREASURER 005.00
Officer
$0 $0 $0
CHERIE SCICHILONE SECRETARY 005.00
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
2021 $142,400 $180,125 $-74,496 $-37,725
2020 $140,980 $177,751 $-36,771 $-36,771
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