THE KITTANSETT CLUB (EIN 042035017) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1922

Legal Domicile

Principal Officer

DAWN SEIPLE

Phone

5087480148

Tax Period

2023-11-01 to 2024-10-31

THE KITTANSETT CLUB, founded in 1922, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $7.3M left a modest 9% surplus.

Mission

GOLF CLUB FOR MEMBERS AND GUESTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,546,605

Investment Income $92,771

Other Revenue $2,400,822

TOTAL REVENUE $8,040,198

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,520,499

Fundraising Expenses $0

Other Expenses $2,807,382

TOTAL EXPENSES $7,327,881

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,040,198	$6,884,987	+0.2%
Expenses	$7,327,881	$6,749,435	+0.1%
Net Income	$712,317	$135,552	+4.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

133

Volunteers

150

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

$262,645

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN PROCTER	PRESIDENT	3.00	Officer Director	$0	$0	$0
DAWN SEIPLE	TREASURER	3.00	Officer Director	$0	$0	$0
JESSE STANESA	SECRETARY	3.00	Officer Director	$0	$0	$0
ANNE MARIE CONNOLLY	DIRECTOR	3.00	Director	$0	$0	$0
JILL CREEVY	DIRECTOR	3.00	Director	$0	$0	$0
PATRICK FISCHOEDER	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL KANE	DIRECTOR	3.00	Director	$0	$0	$0
JOHN S MURRAY	DIRECTOR	3.00	Director	$0	$0	$0
JILL CASTLE	DIRECTOR	3.00	Director	$0	$0	$0
ROBERT CURRAN	DIRECTOR	3.00	Director	$0	$0	$0
GEORGE WHITNEY	DIRECTOR	3.00	Director	$0	$0	$0
JOHN KELLY	SUPERINTENDENT	55.00	Key Emp	$233,299	$29,346	$262,645
JOSEPH ANDRADE	FACILITY MAINTENANCE	55.00	Highest	$112,872	$24,229	$137,101
LISA BEAUSOLEIL	CONTROLLER	55.00	Highest	$122,000	$6,786	$128,786
DAN FERRARE	EXECUTIVE CHEF	55.00	Highest	$144,228	$25,522	$169,750
JOHN CONNELLY	GOLF PRO	55.00	Highest	$205,465	$17,217	$222,682
STEVE MANN	GENERAL MANAGER	55.00	Highest	$135,311	$17,826	$153,137

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	$8,040,198	$7,327,881	$12,123,772	$712,317
2023	$6,884,987	$6,749,435	$11,871,232	$135,552
2022	$6,856,782	$6,593,518	$11,239,536	$263,264
2021	$5,811,853	$5,651,151	$8,658,337	$160,702
2020	$5,556,802	$4,532,513	$8,910,566	$1,024,289
2019	$5,087,319	$4,905,929	$7,918,677	$181,390
2018	$5,229,690	$4,840,022	$8,063,356	$389,668

THE KITTANSETT CLUB