TYRONE ARMORY INC

EIN: 852615316 501(c)(3) Recreation & Sports

TYRONE, PA

Total Revenue
$249,509
Total Expenses
$215,965
Total Assets
$36,462
Net Assets
$36,462
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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
2022
Legal Domicile
PA
Principal Officer
NATHAN VERILLA
Phone
8146827563
Tax Period
2022-01-01 to 2022-12-31

TYRONE ARMORY INC, founded in 2022, is a small nonprofit in the Recreation & Sports sector that reported $250K in total revenue in fiscal year 2022. Expenses of $216K left a modest 13% surplus.

Mission

TO PROVIDE A SPACE FOR EVENTS, SPORTS, SMALL GROUPS AND PROGRAMS TO DEVELOPE HEALTHY AND STRONG RELATIONSHIPS THAT UNIFY OUR COMMUNITY.

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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 $55,893
Program Service Revenue $82,899
Investment Income $5
Other Revenue $110,712
TOTAL REVENUE $249,509

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,226
Fundraising Expenses $0
Program Expenses $199,160
Other Expenses $174,739
TOTAL EXPENSES $215,965

Year-over-Year Comparison

2022 2021 Change
Revenue $249,509 N/A N/A
Expenses $215,965 N/A N/A
Net Income $33,544 $0 N/A
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
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD MEMBER 0.00
$0 $0 $0
N/A BOARD MEMBER 0.00
$0 $0 $0
N/A FORMER DIRECTOR 1.00
$33,958 $0 $33,958
NATHAN VERILLA PRESIDENT 0.00
Officer
$0 $0 $0
AARON CRAIG 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
2024 No data No data No data No data
2022 $249,509 $215,965 $36,462 $33,544
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