CLUB NATIONAL INC (EIN 020170390) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

STEVEN GALIPEAU

Phone

6038899736

Tax Period

2024-07-01 to 2025-06-30

CLUB NATIONAL INC, founded in 1978, is a small nonprofit that reported $565K in total revenue in fiscal year 2024. Expenses of $493K left a modest 13% surplus.

Mission

CLUB NATIONAL IS A PLACE FOR MEMBERS TO SOCIALIZE. CLUB NATIONAL MAKES SUBSTANTIAL CHARITABLE CONTRIBUTIONS TO THE COMMUNITY.

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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 $20,246

Program Service Revenue $0

Investment Income $19,427

Other Revenue $525,339

TOTAL REVENUE $565,012

Expense Breakdown

Grants Paid $77,271

Salaries & Benefits $145,639

Fundraising Expenses $0

Other Expenses $270,303

TOTAL EXPENSES $493,213

Year-over-Year Comparison

	2024	2023	Change
Revenue	$565,012	$550,409	+0.0%
Expenses	$493,213	$455,243	+0.1%
Net Income	$71,799	$95,166	-0.2%

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

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

$16,761

Total Directors

$28,901

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM SOUCY	PRESIDENT	5.00	Officer Director	$2,928	$0	$2,928
STEVEN GALIPEAU	TREASURER	5.00	Officer Director	$2,928	$0	$2,928
RAYMOND LEBOEUF	FINANCIAL SECY	5.00	Officer Director	$2,928	$0	$2,928
DAVID DUFOE	CHAIR HOUSE COMMITTEE	4.00	Director	$2,512	$0	$2,512
KEVIN WALSH	RECORDING SECY	4.00	Officer Director	$2,352	$0	$2,352
KENNETH CANTARA	DIRECTOR	4.00	Director	$2,512	$0	$2,512
PAUL MARION	DIRECTOR	4.00	Director	$2,096	$0	$2,096
MICHAEL LINSCOTT	DIRECTOR	4.00	Officer Director	$1,988	$0	$1,988
DENNIS GALLANT	DIRECTOR	4.00	Director	$1,044	$0	$1,044
JOSEPH ASHLINE	DIRECTOR	4.00	Director	$1,988	$0	$1,988
SCOTT LAROCQUE	VICE PRESEDENT	4.00	Officer Director	$2,693	$0	$2,693
STEVEN BLAISE	RECORDING SECY	4.00	Officer Director	$944	$0	$944
CAMERON DUVAL	DIRECTOR	4.00	Director	$1,044	$0	$1,044
KEVIN HOLBROOK	DIRECTOR	4.00	Director	$944	$0	$944

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	$565,012	$493,213	$2,313,393	$71,799
2024	$550,409	$455,243	$2,227,213	$95,166
2023	$557,269	$459,368	$2,135,533	$97,901
2022	$570,159	$432,082	$2,053,480	$138,077
2021	$475,688	$364,460	$1,908,062	$111,228
2020	$381,843	$426,097	$1,810,514	$-44,254

CLUB NATIONAL INC