GREENWOOD CLUB INC (EIN 042300231) - 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

1961

Legal Domicile

Principal Officer

DOUG ADAMS

Phone

9784430712

Tax Period

2023-01-01 to 2023-12-31

GREENWOOD CLUB INC, founded in 1961, is a small nonprofit in the Recreation & Sports sector that reported $331K in total revenue in fiscal year 2023. Expenses of $373K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE ORGANIZATION WAS ESTABLISHED TO PROVIDE SWIMMING AND TENNIS FACILITIES AND OFFER ORGANIZED SOCIAL EVENTS TO ITS MEMBERS AND THEIR GUESTS. MEMBERS MUST RESIDE IN THE TOWN OF SUDBURY,MA

🔒

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 $330,896

Investment Income $292

Other Revenue $0

TOTAL REVENUE $331,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,006

Fundraising Expenses $0

Program Expenses $373,266

Other Expenses $195,260

TOTAL EXPENSES $373,266

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331,188	$324,376	+0.0%
Expenses	$373,266	$367,050	+0.0%
Net Income	$-42,078	$-42,674	0.0%

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

Volunteers

140

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
DOUG ADAMS	PRESIDENT	2.00	Officer Director	$0	$0	$0
KATIE KANE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL KING	TREASURER	2.00	Officer Director	$0	$0	$0
JULIE FRAGALE	DIRECTOR	1.00	Director	$0	$0	$0
CONNIE MABLI	DIRECTOR	1.00	Director	$0	$0	$0
KELLY MCDONNELL	DIRECTOR	1.00	Director	$0	$0	$0
CAM LAHAISE	DIRECTOR	1.00	Director	$0	$0	$0
CARIANNE KREMI	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN BORRETTI	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$331,188	$373,266	$561,547	$-42,078
2022	$324,376	$367,050	$598,307	$-42,674
2021	$325,844	$339,283	$640,403	$-13,439
2020	$249,211	$325,007	$662,017	$-75,796
2019	$309,246	$313,885	$724,552	$-4,639
2018	$312,093	$305,691	$479,967	$6,402

GREENWOOD CLUB INC