Nabnasset Lake Country Club Inc (EIN 041648865) - 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

1936

Legal Domicile

Principal Officer

Michael Connors

Phone

9786922560

Tax Period

2023-10-01 to 2024-09-30

Nabnasset Lake Country Club Inc, founded in 1936, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.1M left a modest 8% surplus.

Mission

Provides a private country club that offers and encourages an array of athletics, social activities and meeting for its members and guests, to facilitate the integration of new members and to provide facilities for civic affairs when deemed appropriate.

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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 $734,736

Program Service Revenue $231,485

Investment Income $5,187

Other Revenue $250,111

TOTAL REVENUE $1,221,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $475,196

Fundraising Expenses $0

Program Expenses $950,367

Other Expenses $650,086

TOTAL EXPENSES $1,125,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,221,519	$1,238,913	0.0%
Expenses	$1,125,282	$1,047,101	+0.1%
Net Income	$96,237	$191,812	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Murray	President	2.00	Officer Director	$0	$0	$0
Michael Connors	Treasurer	2.00	Officer Director	$0	$0	$0
Barbara Crowell	Secretary	2.00	Officer Director	$0	$0	$0
Kevin Carhart	Vice President	2.00	Officer Director	$0	$0	$0
Deb Villano	Director	2.00	Director	$0	$0	$0
Rodney Penneton	Director	2.00	Director	$0	$0	$0
Lisa Colangelo	Director	2.00	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
2024	$1,221,519	$1,125,282	$1,155,023	$96,237
2023	$1,238,913	$1,047,101	$1,106,650	$191,812
2022	$1,120,393	$877,255	$970,647	$243,138
2021	$946,623	$801,094	$791,874	$145,529
2020	$876,719	$733,225	$741,912	$143,494
2019	$833,956	$782,810	$612,897	$51,146
2018	$841,325	$785,156	$591,331	$56,169

Nabnasset Lake Country Club Inc