NORTH EAST TIMING ORGANIZATION INC

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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

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

Program Service Accomplishments

Program 1

THE AWARENESS OF THE PUBLIC OF HOW NOTAGLIA DRAG RACING WAS AN IMPORTANT PARK OF HISTORY.

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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 (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

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	Role	Reportable Comp	Other Comp	Total
ROBERT SCHLEGEL	TREASURER	Officer	$0	$0	$0
CHUCK PARINELL	INCOMG TREASUER	Officer	$0	$0	$0
CHRISTINE REGAN	SECRETARY	Officer	$0	$0	$0
BRIAN ENGLISH	PRESIDENT	Officer	$0	$0	$0
VINCENT LAURITA	VICE PRESIDENT	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