SPINDLE ROCK CLUB INC (EIN 050402005) - 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

1983

Legal Domicile

Principal Officer

JENNY LISLE

Phone

5086365422

Tax Period

2024-01-01 to 2024-12-31

SPINDLE ROCK CLUB INC, founded in 1983, is a small nonprofit that reported $293K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE SPINDLE ROCK CLUB IS ORGANIZED AND OPERATED FOR ITS MEMBERS PLEASURABLE RECREATIONAL USE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $290,274

Investment Income $2,388

Other Revenue $0

TOTAL REVENUE $292,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $104,799

Fundraising Expenses $0

Other Expenses $190,281

TOTAL EXPENSES $295,080

Year-over-Year Comparison

	2024	2023	Change
Revenue	$292,662	$267,387	+0.1%
Expenses	$295,080	$276,815	+0.1%
Net Income	$-2,418	$-9,428	-0.7%

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

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
CHRISTOPHER PANOS	DIRECTOR	3.00	Director	$0	$0	$0
WILLIAM UNDERWOOD JR	DIRECTOR	3.00	Director	$0	$0	$0
CHRISTOPHER THOMPSON	DIRECTOR	3.00	Director	$0	$0	$0
DONALD WILLIAMS	DIRECTOR	3.00	Director	$0	$0	$0
JOHN M BERGLAND IV	DIRECTOR	3.00	Director	$0	$0	$0
JAMES ROSENFELD	DIRECTOR	3.00	Director	$0	$0	$0
VICTORIA TALBOT	DIRECTOR	3.00	Director	$0	$0	$0
ANDY SUMBERG	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL SILVERMAN	PRESIDENT	3.00	Officer	$0	$0	$0
JENNIFER LISLE	TREASURER	6.00	Officer	$0	$0	$0
GILBERT HEDSTROM	SECRETARY	3.00	Officer	$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	$292,662	$295,080	$195,661	$-2,418
2023	$267,387	$276,815	$198,074	$-9,428
2022	$249,302	$234,523	$207,502	$14,779
2021	$223,870	$221,235	$192,725	$2,635
2020	$212,620	$189,542	$190,092	$23,078
2019	$211,383	$217,697	$179,018	$-6,314

SPINDLE ROCK CLUB INC