LOS ANGELES ROD AND REEL CLUB

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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

1950

Legal Domicile

Principal Officer

JOHN BALLOTTI

Phone

3109953592

Tax Period

2024-01-01 to 2024-12-31

LOS ANGELES ROD AND REEL CLUB, founded in 1950, is a micro nonprofit that reported $44K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $42K left a modest 5% surplus.

Mission

TO PROVIDE CHILDREN IN NEED WITH THE OPPORTUNITY TO PARTICIPATE IN RECREATIONAL FISHING THROUGH VARIOUS FISHING PROGRAMS

Program Service Accomplishments

Program 1

THE CLUB EXISTS TO PROVIDE FISHING TRIPS AND OTHER SOCIAL EVENTS FOR ITS MEMBERS AND GUESTS.

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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 $19,997

Program Service Revenue $24,370

Investment Income $11

Other Revenue $0

TOTAL REVENUE $44,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,982

Other Expenses $42,247

TOTAL EXPENSES $42,247

Year-over-Year Comparison

	2024	2023	Change
Revenue	$44,378	$36,447	+0.2%
Expenses	$42,247	$32,742	+0.3%
Net Income	$2,131	$3,705	-0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL GODFREY	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL HARTT	DIRECTOR	N/A	Director	$0	$0	$0
KEITH HEERDT	DIRECTOR	N/A	Director	$0	$0	$0
DUSTIN HOUSE	SECRETARY/HI	N/A	Director	$0	$0	$0
SCOTT SCHIFFMAN	VICE PRESIDE	N/A	Director	$0	$0	$0
RICHARD STONE	DIRECTOR	N/A	Director	$0	$0	$0
JOHN BALLOTTI	TREASURER/PR	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
2024	$44,378	$42,247	$26,896	$2,131
2023	$36,447	$32,742	$24,765	$3,705
2022	$20,215	$23,833	$21,060	$-3,618
2021	$9,497	$10,421	$24,678	$-924
2020	$25,180	$19,267	$25,602	$5,913
2019	$42,597	$51,958	$28,389	$-9,361
2018	$85,212	$75,378	$39,305	$9,834