CLUB SEBAGO ASSOCIATION

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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

1994

Legal Domicile

Principal Officer

THOMAS WOOD

Phone

2076557948

Tax Period

2023-11-01 to 2024-10-31

CLUB SEBAGO ASSOCIATION, founded in 1994, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 7% surplus.

Mission

OWNERS' ASSOCIATION FOR PROPERTY LOCATED ON POINT SEBAGO

Program Service Accomplishments

Program 1

Expenses: $1,225,896 Revenue: $1,313,386

CLUB SEBAGO ASSOCIATION IS A MEMBERSHIP CORPORATION ORGANIZED TO PROVIDE FOR THE MANAGEMENT AND OPERATION OF PROPERTY LOCATED ON POINT SEBAGO. ALSO INCLUDES FEES WHICH ALLOWS ACCESS TO POINT SEBAGO...

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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 $1,048,642

Investment Income $17,467

Other Revenue $247,277

TOTAL REVENUE $1,313,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,225,896

Other Expenses $1,225,896

TOTAL EXPENSES $1,225,896

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,313,386	$1,174,948	+0.1%
Expenses	$1,225,896	$1,145,337	+0.1%
Net Income	$87,490	$29,611	+2.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT HESSER	PRESIDENT	1.00	Officer Director	$0	$0	$0
GREG BARTON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CAROL FIORE	SECRETARY	1.00	Officer Director	$0	$0	$0
SHAY BELL	TREASURER	1.00	Officer 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	$1,313,386	$1,225,896	$6,912,928	$87,490
2023	$1,174,948	$1,145,337	$6,825,235	$29,611
2022	$1,109,496	$984,849	$6,795,512	$124,647
2021	$880,995	$675,973	$6,678,189	$205,022
2020	$750,617	$738,134	$6,445,076	$12,483
2019	$729,927	$704,986	$6,375,869	$24,941
2018	$641,824	$670,554	$6,298,292	$-28,730