RI Interscholastic High School Coa… - Form 990 Financial Data

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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

2023

Legal Domicile

Principal Officer

Robert J Palazzo

Tax Period

2024-01-01 to 2024-12-31

RI Interscholastic High School Coaches Association, founded in 2023, is a small nonprofit that reported $227K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

To make high school games safe, professional, utilizing transparent methodology,social and charitable.

Program Service Accomplishments

Program 1

Expenses: $187,955 Revenue: $227,275

1)TO MAKE THE GAME AS SAFE AND EXCITING AS POSSIBLE USING RULES OF PLA 2)TO HAVE A STRONG VOICE IN INTERSCHOLASTIC LEGISLATION 3)TO MAINTAIN THE HIGHEST POSSIBLE STANDARDS THE PROFESSION OF COACHING AN INTERSCHOLASTIC SPORT. 4)TO FREELY EXCHANGE INFORMATION ON COACHING METHODS AND TECHNIQUES. 5)TO PROMOTE GOOD FELLOWSHIP AND SOCIAL CONTACTS WITHIN THE ASSOCIATIO 6)TO ESTABLISH AND MAINTAIN PARTNERSHIP WITH SELECTED CHARITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $227,275

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $227,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,000

Fundraising Expenses $0

Program Expenses $187,955

Other Expenses $203,043

TOTAL EXPENSES $223,043

Year-over-Year Comparison

	2024	2023	Change
Revenue	$227,275	$158,342	+0.4%
Expenses	$223,043	$53,295	+3.2%
Net Income	$4,232	$105,047	-1.0%

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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

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

$10,000

Total Directors

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT J PALAZZO	President	10.00	Officer Director	$10,000	$0	$10,000
ELIZABETH PENKALA	Director	10.00	Director	$10,000	$0	$10,000
MICHAEL TRAFICANTE	Director	5.00	Director	$0	$0	$0
MARTIN CROWLEY	Director	5.00	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	$227,275	$223,043	$109,279	$4,232
2024	No data	No data	No data	No data
2023	$158,342	$53,295	$105,047	$105,047

RI Interscholastic High School Coaches Association