ACOAXET CLUB INC (EIN 043308688) - 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

1919

Legal Domicile

Principal Officer

CHRISTOPHER THOMPSON

Phone

5086364782

Tax Period

2023-01-01 to 2023-12-31

ACOAXET CLUB INC, founded in 1919, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 553% from the prior year, signaling strong growth momentum. Expenses of $3.3M left a modest 8% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO BE A PRIVATE, FAMILY-ORIENTED, SEASONAL 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 (2023)

Revenue Breakdown

Contributions & Grants $482,299

Program Service Revenue $3,050,577

Investment Income $794

Other Revenue $5,294

TOTAL REVENUE $3,538,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,561,974

Fundraising Expenses $0

Other Expenses $1,691,572

TOTAL EXPENSES $3,253,546

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,538,964	$541,671	+5.5%
Expenses	$3,253,546	$612,721	+4.3%
Net Income	$285,418	$-71,050	-5.0%

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

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER THOMPSON	PRESIDENT	10.00	Officer Director	$0	$0	$0
JILL TATE	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
MATTHEW FORBES	TREASURER	10.00	Officer Director	$0	$0	$0
REBECCA MERCHANT	SECRETARY	10.00	Officer Director	$0	$0	$0
PATTY BARNES	GOVERNOR	8.00	Director	$0	$0	$0
MARY BERG	GOVERNOR	8.00	Director	$0	$0	$0
PETER BRIGGS	GOVERNOR	8.00	Director	$0	$0	$0
ELIZABETH BURRELLO OPIE	GOVERNOR	8.00	Director	$0	$0	$0
MICHELLE CARNEY	GOVERNOR (UNTIL 9/23)	8.00	Director	$0	$0	$0
TOM COUGHLIN	GOVERNOR	8.00	Director	$0	$0	$0
DUNCAN LAW	GOVERNOR	8.00	Director	$0	$0	$0
JONATHAN MONGIE	GOVERNOR	8.00	Director	$0	$0	$0
SEAN MULLANEY	GOVERNOR	8.00	Director	$0	$0	$0
LEE PATTERSON	GOVERNOR (UNTIL 09/23)	8.00	Director	$0	$0	$0
PETER ROSENFIELD	GOVERNOR	8.00	Director	$0	$0	$0
ANDREW WHEELER	GOVERNOR	8.00	Director	$0	$0	$0
JOSIE WOOLLAM	GOVERNOR (UNTIL 09/23)	8.00	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
2024	No data	No data	No data	No data
2023	$3,538,964	$3,253,546	$4,010,747	$285,418
2022	$2,835,768	$2,754,547	$3,328,616	$81,221
2022	$541,671	$612,721	$2,700,201	$-71,050
2021	$2,970,820	$2,482,108	$3,287,038	$488,712
2020	$1,970,140	$2,055,803	$3,134,603	$-85,663
2019	$2,673,941	$2,540,004	$3,217,541	$133,937
2018	$2,293,500	$2,302,441	$3,054,373	$-8,941

ACOAXET CLUB INC