NORFOLK COUNTRY CLUB INC (EIN 060624707) - 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

Legal Domicile

Principal Officer

IAN FINDLAY

Phone

8605425606

Tax Period

2024-01-01 to 2024-12-31

NORFOLK COUNTRY CLUB INC is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 12% surplus.

Mission

SOCIAL CLUB - GOLF, TENNIS, ETC

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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 $1,075,847

Program Service Revenue $582,553

Investment Income $5,724

Other Revenue $0

TOTAL REVENUE $1,664,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $590,648

Fundraising Expenses $0

Program Expenses $1,467,627

Other Expenses $876,979

TOTAL EXPENSES $1,467,627

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,664,124	$1,464,124	+0.1%
Expenses	$1,467,627	$1,446,006	+0.0%
Net Income	$196,497	$18,118	+9.8%

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
IAN FINDLAY	PRESIDENT	N/A	Officer Director	$0	$0	$0
ELI HATTEM	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
WALTER GODLEWSKI	TREASURER	N/A	Officer Director	$0	$0	$0
ABIGAIL CUSICK	SECRETARY	N/A	Officer Director	$0	$0	$0
AMY BERNSTEIN	GOVERNOR	N/A	Director	$0	$0	$0
BILL BARTON	GOVERNOR	N/A	Director	$0	$0	$0
MICHAEL HALLORAN	GOVERNOR	N/A	Director	$0	$0	$0
HOPE DANA	GOVERNOR	N/A	Director	$0	$0	$0
TARYN LEAVITT	GOVERNOR	N/A	Director	$0	$0	$0
JEAN THOMPSON	GOVERNOR	N/A	Director	$0	$0	$0
TOM VORENBERG	GOVERNOR	N/A	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	$1,664,124	$1,467,627	$2,235,786	$196,497
2023	$1,464,124	$1,446,006	$2,053,302	$18,118
2022	$1,358,790	$1,158,159	$2,025,773	$200,631
2021	$1,230,586	$1,068,038	$1,821,761	$162,548
2020	$997,532	$947,762	$1,658,069	$49,770
2019	$1,032,269	$995,135	$1,608,199	$37,134
2018	$1,050,050	$1,004,339	$1,572,240	$45,711

NORFOLK COUNTRY CLUB INC