BURNING TREE COUNTRY CLUB INC

EIN: 060777076

GREENWICH, CT

Total Revenue
$19,699,744
Total Expenses
$14,274,010
Total Assets
$40,029,424
Net Assets
$26,784,037
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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
1962
Legal Domicile
CT
Principal Officer
ANTHONY FRASCELLA
Phone
2038699004
Tax Period
2023-10-01 to 2024-09-30

BURNING TREE COUNTRY CLUB INC, founded in 1962, is a mid-sized nonprofit that reported $19.7M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.4M, a strong 28% operating margin.

Mission

A PRIVATE MEMBERSHIP CLUB THAT OFFERS ITS MEMBERS FULL COUNTRY CLUB FACILITIES INCLUDING GOLF, TENNIS, SWIMMING, DINING & SOCIAL ACTIVITIES FOR THE USE & ENJOYMENT OF ITS MEMBERSHIP.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $15,755,644
Investment Income $354,144
Other Revenue $3,589,956
TOTAL REVENUE $19,699,744

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,095,225
Fundraising Expenses $0
Other Expenses $6,178,785
TOTAL EXPENSES $14,274,010

Year-over-Year Comparison

2023 2022 Change
Revenue $19,699,744 $14,587,946 +0.4%
Expenses $14,274,010 $13,206,551 +0.1%
Net Income $5,425,734 $1,381,395 +2.9%
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

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Governance

Voting Members
13
Independent Members
13
Employees
243
Volunteers
13

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
4
$0
Total Directors
13
$0
Key Employees
2
$677,177
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY FRASCELLA PRESIDENT 3.00
Officer Director
$0 $0 $0
BOB GRUENDEL VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
CARIN OHNELL SECRETARY 3.00
Officer Director
$0 $0 $0
ANDY RICHARD TREASURER 3.00
Officer Director
$0 $0 $0
JAMES DEPONTE GOVERNOR 3.00
Director
$0 $0 $0
BRENDAN MOYNIHAN GOVERNOR 3.00
Director
$0 $0 $0
BOBBY FINNERTY GOVERNOR 3.00
Director
$0 $0 $0
RONNIE CAFFREY GOVERNOR 3.00
Director
$0 $0 $0
JOHN SUCKOW JR GOVERNOR 3.00
Director
$0 $0 $0
SHARON SUNOO GOVERNOR 3.00
Director
$0 $0 $0
MICHAEL CHIECO GOVERNOR 3.00
Director
$0 $0 $0
ANDY LAZAR GOVERNOR 3.00
Director
$0 $0 $0
LAUREN ROCKLIFF GOVERNOR 3.00
Director
$0 $0 $0
HARRIS COBLE GENERAL MANAGER 40.00
Key Emp
$407,000 $8,720 $415,720
STEPHEN WICKSTROM GREENS SUPERINTENDENT 40.00
Key Emp
$253,883 $7,574 $261,457
ROBERT WAITE DIRECTOR OF RACQUETS 40.00
Highest
$432,104 $17,220 $449,324
TODD WINGERTER DIRECTOR OF GOLF 40.00
Highest
$232,179 $8,652 $240,831
RAUL TORRES EXECUTIVE CHEF 40.00
Highest
$174,336 $16,147 $190,483
LINNEA GRATE ASSISTANT GENERAL MANAGER 40.00
Highest
$159,320 $5,566 $164,886
PAUL CORRENTE CONTROLLER 40.00
Highest
$150,926 $5,566 $156,492
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 $19,699,744 $14,274,010 $40,029,424 $5,425,734
2023 $14,587,946 $13,206,551 $35,165,119 $1,381,395
2022 $13,414,993 $12,514,492 $32,217,918 $900,501
2021 $12,623,577 $10,961,545 $31,629,818 $1,662,032
2020 $9,610,613 $9,810,589 $30,317,058 $-199,976
2019 $9,946,458 $10,333,408 $30,771,347 $-386,950
2018 $10,314,871 $10,116,352 $31,294,425 $198,519
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