NASHUA COUNTRY 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

1916

Legal Domicile

Principal Officer

DONALD C DAVIDSON

Phone

6038880121

Tax Period

2024-10-01 to 2025-09-30

NASHUA COUNTRY CLUB, founded in 1916, is a community nonprofit that reported $9.7M in total revenue in fiscal year 2024.

Mission

SOCIAL CLUB FOR BENEFIT OF MEMBERS INCLUDING DINING, GOLF, SWIMMING, TENNIS AND CURLING

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDES SOCIAL BENEFITS TO ITS MEMBERS PRINCIPALLY THROUGH DINING FACILITIES, GOLF, CURLING AND OTHER ATHLETIC OPPORTUNITIES AND FELLOWSHIP ON AN ONGOING BASIS

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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 $9,557,759

Investment Income $93,447

Other Revenue $0

TOTAL REVENUE $9,651,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,617,209

Fundraising Expenses $0

Other Expenses $5,013,024

TOTAL EXPENSES $9,630,233

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,651,206	$9,272,597	+0.0%
Expenses	$9,630,233	$9,291,605	+0.0%
Net Income	$20,973	$-19,008	-2.1%

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

202

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

$206,648

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT BURKE	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
JARON SLATTERY	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
RUSSELL HAMEL	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
MATT IOVANNA	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
CHRIS WILLIAMSON	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
DANIEL WOJICK	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
JAMES CAMPANELLA	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
SCOTT JANGRAW	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
KEVIN WOLFF	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
WILLIAM LAVOIE	BOARD OF GOVERNORS	1.00	Director	$0	$0	$0
PAUL LAFRANCE	PRESIDENT	1.00	Officer	$0	$0	$0
DANIEL ETHIER	TREASURER	1.00	Officer	$0	$0	$0
TIMOTHY MORGAN	VICE PRESIDENT	1.00	Officer	$0	$0	$0
DONALD C DAVIDSON	TREASURER	1.00	Officer	$0	$0	$0
GREGG HOLLICK	GOLF PROFESSIONAL	40.00	Key Emp	$188,739	$17,909	$206,648
DAVID SCAER	FORMER GENERAL MANAGER	40.00		$142,144	$20,056	$162,200

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	$9,651,206	$9,630,233	$11,866,877	$20,973
2024	$9,272,597	$9,291,605	$12,141,897	$-19,008
2023	$9,183,198	$8,677,651	$12,188,780	$505,547
2022	$9,163,090	$8,160,941	$11,876,858	$1,002,149
2021	$7,367,590	$5,996,710	$11,057,096	$1,370,880
2020	$6,429,726	$6,405,897	$10,185,729	$23,829