NEEDHAM GOLF CLUB INC (EIN 041655650) - 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

1923

Legal Domicile

Principal Officer

HANS HAGEN

Phone

7814449692

Tax Period

2023-11-01 to 2024-10-31

NEEDHAM GOLF CLUB INC, founded in 1923, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Expenses of $2.7M left a modest 7% surplus.

Mission

NINE HOLE COURSE AND CLUB HOUSE FOR THE BENEFIT OF THE MEMBERS.

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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 $3,027,600

Investment Income $51,871

Other Revenue $-163,657

TOTAL REVENUE $2,915,814

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,026,979

Fundraising Expenses $0

Other Expenses $1,694,163

TOTAL EXPENSES $2,721,142

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,915,814	$2,805,836	+0.0%
Expenses	$2,721,142	$2,422,780	+0.1%
Net Income	$194,672	$383,056	-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

$144,542

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANS HAGEN	PRESIDENT	10.00	Officer Director	$0	$0	$0
ALEXANDRA CLARK	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
ARTHUR FLASHMAN	TREASURER	10.00	Officer Director	$0	$0	$0
MATTHEW KANE	SECRETARY	10.00	Officer Director	$0	$0	$0
MARCIA BERNET	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CURRAN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF DINNEEN	DIRECTOR	1.00	Director	$0	$0	$0
KEN MONTZKA	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SISK	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
CINDY WOLFE	DIRECTOR	1.00	Director	$0	$0	$0
GEOFFREY A PIVA	GENERAL MANAGER	40.00	Officer	$140,769	$3,773	$144,542
TIMOTHY M HOOD	GOLF SUPERINTENDENT	40.00	Highest	$151,454	$4,244	$155,698
JOSE C GARCIA	EXECUTIVE CHEF	40.00	Highest	$107,356	$3,221	$110,577

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	$2,915,814	$2,721,142	$4,924,916	$194,672
2023	$2,805,836	$2,422,780	$4,658,247	$383,056
2022	$2,488,620	$2,214,677	$4,402,361	$273,943
2021	$3,028,845	$2,112,196	$4,353,168	$916,649
2020	$2,066,661	$2,061,025	$3,487,694	$5,636
2019	$2,131,065	$2,129,184	$3,484,896	$1,881
2018	$2,193,394	$2,182,444	$3,639,922	$10,950

NEEDHAM GOLF CLUB INC