LIGURE CLUB 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

1934

Legal Domicile

Principal Officer

JOHN CASTAGNINI

Phone

5106543915

Tax Period

2024-01-01 to 2024-12-31

LIGURE CLUB INC, founded in 1934, is a small nonprofit that reported $254K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 37% operating margin.

Mission

OUR OBJECTIVE IS TO PROVIDE MONTHLY MEMBERSHIP ACTIVITIES AND BENEFITS TO OVER 300 MEMBERS, THEIR FAMILIES AND TO THE COMMUNITY.

Program Service Accomplishments

Program 1

TO PROVIDE MONTHLY MEETINGS AND DINNERS FOR MEMBERS AND THEIR GUESTS

Program 2

CHARITABLE CONTRIBUTIONS TO VARIOUS LOCAL ORGANIZATIONS INCLUDING SCHOLARSHIPS

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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 $0

Program Service Revenue $136,577

Investment Income $115,770

Other Revenue $1,670

TOTAL REVENUE $254,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,799

Fundraising Expenses $0

Other Expenses $157,967

TOTAL EXPENSES $159,766

Year-over-Year Comparison

	2024	2023	Change
Revenue	$254,017	$178,460	+0.4%
Expenses	$159,766	$150,500	+0.1%
Net Income	$94,251	$27,960	+2.4%

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

$1,790

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CASTAGNINI	CFO & CONTRO	4.00	Officer	$1,200	$0	$1,200
DAVID FRANCO	PRESIDENT	4.00	Officer	$590	$0	$590
JOHN MILLER	1ST VICE PRE	1.00	Officer	$0	$0	$0
TONY SORTH	2ND VICE PRE	1.00	Officer	$0	$0	$0
JOHN PRYOR	SECRETARY	1.00	Officer	$0	$0	$0
MICHELLE GASPARRO	DIRECTOR	1.00	Director	$0	$0	$0
LARRY ANGELI	DIRECTOR	1.00	Director	$0	$0	$0
SANDY ANGELI	DIRECTOR	1.00	Director	$0	$0	$0
ANDY MOGLIA	DIRECTOR	1.00	Director	$0	$0	$0
ADRIANO BAGNESCHI	DIRECTOR	1.00	Director	$0	$0	$0
PAUL CASALE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS GASPARRO	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY GODSHALL	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HOLLAND	DIRECTOR	1.00	Director	$0	$0	$0
TONY SARACENO	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$254,017	$159,766	$1,731,309	$94,251
2023	$178,460	$150,500	$1,634,738	$27,960
2022	$126,442	$113,858	$1,606,778	$12,584
2021	$55,979	$37,240	$1,594,194	$18,739
2020	$88,371	$59,013	$1,575,452	$29,358
2019	$196,122	$149,059	$1,547,785	$47,063
2018	$191,878	$147,133	$1,500,553	$44,745