NORTH EAST TIMING ORGANIZATION INC

EIN: 832944838 Recreation & Sports

CARMEL, NY

Total Revenue
$32,636
Total Expenses
$27,655
Total Assets
$3,194
Net Assets
$3,194
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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
2018
Legal Domicile
NY
Tax Period
2022-01-01 to 2022-12-31

NORTH EAST TIMING ORGANIZATION INC, founded in 2018, is a micro nonprofit in the Recreation & Sports sector that reported $33K in total revenue in fiscal year 2022. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5K, a strong 15% operating margin.

Mission

PROMOTE THE SPORT OF NOSTAGLIA STYLE DRAG RACING FOR INDIVIDUALS INTERESTED IN LEARNING ABOUT AND VIREWING THE SPORT

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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 $32,636
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $32,636

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $27,655
TOTAL EXPENSES $27,655

Year-over-Year Comparison

2022 2021 Change
Revenue $32,636 $25,979 +0.3%
Expenses $27,655 $32,125 -0.1%
Net Income $4,981 $-6,146 -1.8%
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
50
Independent Members
50
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SCHLEGEL TREASURER 0.00
Officer
$0 $0 $0
CHUCK PARINELL INCOMG TREASUER 0.00
Officer
$0 $0 $0
CHRISTINE REGAN SECRETARY 0.00
Officer
$0 $0 $0
BRIAN ENGLISH PRESIDENT 0.00
Officer
$0 $0 $0
VINCENT LAURITA VICE PRESIDENT 0.00
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
2022 $32,636 $27,655 $3,194 $4,981
2021 $25,979 $32,125 $-1,787 $-6,146
2020 $20,813 $18,178 $4,359 $2,635
2019 $29,053 $30,777 $1,724 $-1,724
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