WASHINGTON, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WASHINGTON CLUB INC, founded in 1907, is a community nonprofit in the Recreation & Sports sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 12% surplus.
FOUNDED IN 1903, THE WASHINGTON CLUB'S MISSION IS TO CREATE EXTRAORDINARY MEMBER EXPERIENCES THROUGH SPORTING AND SOCIAL ACTIVITIES AND TO PROVIDE CAMARADERIE FOR INDIVIDUALS AND FAMILIES THAT REFLECT ALL ASPECTS OF OUR COMMUNITY. THE CLUB IS COMMITTED TO MAINTAINING A WARM, WELCOMING, AND INCLUSIVE PLACE THAT VALUES ALL OF ITS MEMBERS WHILE REMAINING TRUE TO ITS SIMPLE, RUSTIC ROOTS AND EVOLVING TO MEET THE CHANGING NEEDS TO ENRICH THE QUALITY OF LIFE FOR OUR MEMBERS.
TAX EXEMPT CLUB ACTIVITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,890,983 | $2,393,517 | +0.2% |
| Expenses | $2,539,953 | $2,348,349 | +0.1% |
| Net Income | $351,030 | $45,168 | +6.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL GORRA | PRESIDENT | 4.00 |
Director
|
$0 | $0 | $0 |
| SCOTT BOWMAN | VICE-PRESIDENT | 4.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY CLAIR | TREASURER | 6.00 |
Director
|
$0 | $0 | $0 |
| JACK GILPIN | SECRETARY | 4.00 |
Director
|
$0 | $0 | $0 |
| ETHELIND COBLIN | GOVERNOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARC BLAIR | GOVERNOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELE POST | GOVERNOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARGARET EDELMAN | GOVERNOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EMILY FITZHUGH | GOVERNOR | 1.00 |
Director
|
$0 | $0 | $0 |
| COREY HARRIS | GOLF PROFESSIONAL | 40.00 |
Highest
|
$148,073 | $41,907 | $189,980 |
| PAUL A SMITH III | GENERAL MANAGER | 40.00 |
Highest
|
$138,626 | $25,943 | $164,569 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,890,983 | $2,539,953 | $3,411,125 | $351,030 |
| 2023 | $2,393,517 | $2,348,349 | $2,747,939 | $45,168 |
| 2022 | $2,248,572 | $2,040,815 | $2,611,476 | $207,757 |
| 2021 | $1,966,050 | $1,974,653 | $2,251,918 | $-8,603 |
| 2020 | $1,490,158 | $1,370,057 | $2,272,438 | $120,101 |
| 2019 | $1,502,562 | $1,596,586 | $2,151,707 | $-94,024 |
| 2018 | $1,527,636 | $1,532,653 | $2,248,866 | $-5,017 |
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