OLD LYME COUNTRY CLUB INC (EIN 060478680) - 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

1916

Legal Domicile

Principal Officer

LAWRENCE TUCKER

Phone

8604341639

Tax Period

2023-01-01 to 2023-12-31

OLD LYME COUNTRY CLUB INC, founded in 1916, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $453K, a strong 19% operating margin.

Mission

PRIVATE GOLF AND TENNIS FACILITY PROVIDING OPPORTUNITIES FOR MEMBERS TO SOCIALIZE.

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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 $0

Program Service Revenue $2,466,535

Investment Income $325

Other Revenue $-135,645

TOTAL REVENUE $2,331,215

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,006,118

Fundraising Expenses $0

Other Expenses $871,643

TOTAL EXPENSES $1,877,761

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,331,215	$2,076,682	+0.1%
Expenses	$1,877,761	$1,844,751	+0.0%
Net Income	$453,454	$231,931	+1.0%

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

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
LAWRENCE TUCKER	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUE GREY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROB SURDAM	TREASURER	1.00	Officer Director	$0	$0	$0
DENNIS LAVETTE	SECRETARY	1.00	Officer Director	$0	$0	$0
ROB RABINE	GOVERNOR	1.00	Director	$0	$0	$0
BILL JACARUSO	GOVERNOR	1.00	Director	$0	$0	$0
CLINT REID	GOVERNOR	1.00	Director	$0	$0	$0
BILL BELLUZZI	GOVERNOR	1.00	Director	$0	$0	$0
ANNE MULHOLLAND	GOVERNOR	1.00	Director	$0	$0	$0
SHARON CRAIG	GOVERNOR	1.00	Director	$0	$0	$0
ANNE HEFTER	GOVERNOR	1.00	Director	$0	$0	$0
BRIAN BOWES	GOVERNOR	1.00	Director	$0	$0	$0
SANDY GERSTER	GOVERNOR	1.00	Director	$0	$0	$0
ROB BARBEAU	GOLF PROFESSIONAL	40.00	Highest	$108,301	$0	$108,301
MIKE IWANICKI	GENERAL MANAGER	40.00	Highest	$109,630	$0	$109,630

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	$2,331,215	$1,877,761	$2,475,816	$453,454
2022	$2,076,682	$1,844,751	$1,850,160	$231,931
2021	$1,845,065	$1,669,875	$1,703,843	$175,190
2020	$1,563,236	$1,525,428	$1,670,353	$37,808
2019	$1,648,360	$1,578,735	$1,823,152	$69,625
2018	$1,488,316	$1,524,291	$1,931,981	$-35,975

OLD LYME COUNTRY CLUB INC