GARY OLD TIMERS ATHLETIC ASSOCIATION

EIN: 834124556 501(c)(3) Recreation & Sports

VALPARAISO, IN

Total Revenue
$20,200
Total Expenses
$3,616
Total Assets
$58,653
Net Assets
$58,653
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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

Legal Domicile
IN
Principal Officer
WILLIAM DORULLA
Phone
2197127857
Tax Period
2021-01-01 to 2021-12-31

GARY OLD TIMERS ATHLETIC ASSOCIATION is a micro nonprofit in the Recreation & Sports sector that reported $20K in total revenue in fiscal year 2021. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 82% operating margin.

Mission

HOST BANQUET ANNUALLY FOR MEMBERS. SOCIAL CLUB FOR LOCAL FORMER ATHLETES.

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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 $20,200
Investment Income $0
Other Revenue $0
TOTAL REVENUE $20,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,384
Other Expenses $3,616
TOTAL EXPENSES $3,616

Year-over-Year Comparison

2021 2020 Change
Revenue $20,200 $14,520 +0.4%
Expenses $3,616 $22,246 -0.8%
Net Income $16,584 $-7,726 -3.1%
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
18
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
WILLIAM DORULLA SECRETARY/TR N/A
Officer
$0 $0 $0
ANDY MALETTA VICE PRESIDE N/A
Officer
$0 $0 $0
TIM O'BRIEN PRESIDENT 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
2021 $20,200 $3,616 $58,653 $16,584
2020 $14,520 $22,246 $42,069 $-7,726
2019 $39,710 $33,641 $49,795 $6,069
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