WEDGEWOOD CLUB INC (EIN 042268139) - 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

1959

Legal Domicile

Principal Officer

JOEL BERENSON

Phone

7812759119

Tax Period

2022-11-01 to 2023-10-31

WEDGEWOOD CLUB INC, founded in 1959, is a small nonprofit that reported $380K in total revenue in fiscal year 2022. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $453K exceeded revenue, resulting in a 19% operating deficit.

Mission

SWIM AND TENNIS CLUB

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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 (2022)

Revenue Breakdown

Contributions & Grants $350,975

Program Service Revenue $16,718

Investment Income $4,804

Other Revenue $7,297

TOTAL REVENUE $379,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $236,984

Fundraising Expenses $0

Program Expenses $327,935

Other Expenses $215,601

TOTAL EXPENSES $452,585

Year-over-Year Comparison

	2022	2021	Change
Revenue	$379,794	$753,873	-0.5%
Expenses	$452,585	$436,947	+0.0%
Net Income	$-72,791	$316,926	-1.2%

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

170

Independent Members

170

Employees

Volunteers

N/A

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
ANGEL PETTITT	PRESIDENT	10.00	Officer Director	$0	$0	$0
JOEL BERENSON	TREASURER	15.00	Officer Director	$0	$0	$0
KRISTIN DOUCET	SECRETARY	5.00	Officer Director	$0	$0	$0
DIAH DOUGLAS	DIRECTOR	2.00	Director	$0	$0	$0
LAUREN DILLON	DIRECTOR	2.00	Director	$0	$0	$0
JOSH SPIRN	DIRECTOR	2.00	Director	$0	$0	$0
REBECCA HAGOPIAN	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA FARBN	DIRECTOR	2.00	Director	$0	$0	$0
CATIE HADDEN	DIRECTOR	2.00	Director	$0	$0	$0
ALONA AYRES	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH MARCUM	DIRECTOR	2.00	Director	$0	$0	$0
NINA TATE	DIRECTOR	2.00	Director	$0	$0	$0
SARAH MCGINLEY	DIRECTOR	2.00	Director	$0	$0	$0
ERICA CHAPIN	DIRECTOR	2.00	Director	$0	$0	$0
KAYLA PISKULIYSKI	DIRECTOR	2.00	Director	$0	$0	$0
JASON RAPOSA	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA LYNCH	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN SAYLES	VICE PRESIDENT	5.00	Officer 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
2023	$379,794	$452,585	$882,556	$-72,791
2022	$753,873	$436,947	$947,162	$316,926
2021	$377,887	$419,764	$638,871	$-41,877
2020	$357,905	$380,776	$636,821	$-22,871

WEDGEWOOD CLUB INC