OYSTER HARBORS CLUB INC (EIN 042026125) - 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

1946

Legal Domicile

Principal Officer

JEREMIAH T DOYLE

Phone

5084286973

Tax Period

2023-01-01 to 2023-12-31

OYSTER HARBORS CLUB INC, founded in 1946, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2023. Expenses of $6.7M left a modest 10% surplus.

Mission

OYSTER HARBORS CLUB IS A CLUB THAT HAS ATHLETIC, RECREATIONAL AND SOCIAL ACTIVITIES. THE FACILITY INCLUDES AN 18 HOLE GOLF COURSE, 5 TENNIS COURTS AND A BEACH AREA. THE CLUB HOLDS NUMEROUS SOCIAL FUNCTIONS FOR ITS 439 (AT 12/31/23) MEMBERS, INCLUDING DINNER DANCES, SPEAKERS, BRIDGE, A 4TH OF JULY PICNIC AND GOLF/TENNIS RELATED FUNCTIONS. THE CLUB ALSO PROVIDES RECREATIONAL PROGRAMS FOR MEMBER'S CHILDREN AND GRANDCHILDREN.

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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 $7,911,331

Investment Income $130,959

Other Revenue $-626,263

TOTAL REVENUE $7,416,027

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,101,449

Fundraising Expenses $0

Other Expenses $3,604,752

TOTAL EXPENSES $6,706,201

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,416,027	$7,118,434	+0.0%
Expenses	$6,706,201	$6,327,048	+0.1%
Net Income	$709,826	$791,386	-0.1%

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

264

Volunteers

100

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

$496,009

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMIAH T DOYLE	PRESIDENT, DIRECTOR	3.00	Officer Director	$0	$0	$0
JOHN V MURPHY	TREASURER, DIRECTOR	3.00	Officer Director	$0	$0	$0
HENRY L MURPHY III	CLERK, DIRECTOR	1.00	Officer Director	$0	$0	$0
HENRY L MURPHY JR	ASSISTANT CLERK, DIRECTOR	1.00	Officer Director	$0	$0	$0
HILLARY BAKER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN DEMIRJIAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK X HOLDEN	DIRECTOR	1.00	Director	$0	$0	$0
MARK HOWARD-JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
SONJA KELLY	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY L LARGAY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LAUF	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN M MCCAFFERTY	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN MCPARLAND	DIRECTOR	1.00	Director	$0	$0	$0
E JAMES MULCAHY	DIRECTOR	1.00	Director	$0	$0	$0
EDMUND F MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA STYLES	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH E SWAN	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS MAYO	GENERAL MANAGER	40.00	Key Emp	$424,160	$71,849	$496,009
WESTON NEFF	GOLF COURSE SUPERINTENDENT	40.00	Highest	$178,192	$26,223	$204,415
DAVID G MCLAUGHLIN	EXECUTIVE CHEF	40.00	Highest	$144,449	$47,804	$192,253
ADRIENNE HERRINGER	CLUBHOUSE MANAGER	40.00	Highest	$127,991	$9,324	$137,315
LORI SAJDAK	CONTROLLER	40.00	Highest	$124,977	$47,146	$172,123
JOSHUA WEAVER	HEAD GOLF PROFESSIONAL	40.00	Highest	$114,061	$0	$114,061

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	No data	No data	No data	No data
2023	$7,416,027	$6,706,201	$25,860,497	$709,826
2022	$7,118,434	$6,327,048	$24,331,807	$791,386
2021	$6,227,725	$6,222,653	$23,520,037	$5,072
2020	$7,203,825	$6,033,733	$23,432,118	$1,170,092
2019	$6,590,087	$5,907,689	$22,507,516	$682,398
2018	$5,914,052	$5,623,195	$21,885,021	$290,857

OYSTER HARBORS CLUB INC