DURANGO MUNICIPAL RECREATION INC (EIN 840433196) - Form 990 Financial Analysis & Trantor Score

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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

1954

Legal Domicile

Phone

9702471499

Tax Period

2023-01-01 to 2023-12-31

DURANGO MUNICIPAL RECREATION INC, founded in 1954, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 12% surplus.

Mission

Public golf course in the city of Durango, Colorado

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,821,200

Investment Income $0

Other Revenue $184,564

TOTAL REVENUE $2,005,764

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,015,523

Fundraising Expenses $0

Program Expenses $1,616,195

Other Expenses $748,749

TOTAL EXPENSES $1,764,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,005,764	$1,756,926	+0.1%
Expenses	$1,764,272	$1,800,939	0.0%
Net Income	$241,492	$-44,013	-6.5%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MCCLOSKEY	GENERAL MANAGER	40.00		$126,404	$3,520	$129,924
BRIAN DOMMER	President	1.16	Officer Director	$0	$0	$0
JEFF THOMPSON	Vice President	1.16	Officer Director	$0	$0	$0
ELLIOTT FITZ	Treasurer	1.16	Officer Director	$0	$0	$0
BRITT BASSETT	Secretary	1.16	Officer Director	$0	$0	$0
BILL GWINN	MEMBER	1.16	Director	$0	$0	$0
JESSE LARSON	MEMBER	1.16	Director	$0	$0	$0
DARBY DEAS	MEMBER	1.16	Director	$0	$0	$0
ALEXIS KOSES	MEMBER	1.16	Director	$0	$0	$0
MARK WALTERS	MEMBER	1.16	Director	$0	$0	$0
RORY MARTINEZ	MEMBER	1.16	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
2024	No data	No data	No data	No data
2023	$2,005,764	$1,764,272	$2,166,479	$241,492
2022	$1,756,926	$1,800,939	$2,083,278	$-44,013
2021	$1,727,631	$1,655,967	$1,828,686	$71,664
2020	$1,543,713	$1,512,945	$1,880,358	$30,768
2019	$1,221,486	$1,384,084	$1,979,279	$-162,598
2018	$904,087	$967,485	$2,124,321	$-63,398

DURANGO MUNICIPAL RECREATION INC