THE OCEAN CLUB INC (EIN 111510000) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Principal Officer

CAREY O'CONNOR

Phone

5162394682

Tax Period

2024-10-01 to 2025-09-30

THE OCEAN CLUB INC, founded in 1936, is a community nonprofit in the Recreation & Sports sector that reported $2.3M in total revenue in fiscal year 2024. Expenses of $2.1M left a modest 6% surplus.

Mission

TO RUN A SOCIAL CLUB FOR MEMBERS ONLY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,145,103

Program Service Revenue $0

Investment Income $85,354

Other Revenue $23,014

TOTAL REVENUE $2,253,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $825,649

Fundraising Expenses $0

Program Expenses $2,115,904

Other Expenses $1,290,255

TOTAL EXPENSES $2,115,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,253,471	$2,185,220	+0.0%
Expenses	$2,115,904	$2,037,150	+0.0%
Net Income	$137,567	$148,070	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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	Role	Reportable Comp	Other Comp	Total
BRIAN CONNOR	Governors	Director	$0	$0	$0
MAUREEN MCFADZEN	Governors	Director	$0	$0	$0
TOM O'TOOLE	Governors	Director	$0	$0	$0
JERRY DONZA	Governors	Director	$0	$0	$0
TOM JAFFA	Governors	Director	$0	$0	$0
MICHELLE EBEL	Governors	Director	$0	$0	$0
NOREEN COSTELLO	Vice President	Officer	$0	$0	$0
MICHAEL DURNEY	Executive VP	Officer	$0	$0	$0
CAREY O'CONNOR	President	Officer	$0	$0	$0
DANIEL CAULFIELD	Vice President	Officer	$0	$0	$0
BETH KILCULLEN	Secretary	Officer	$0	$0	$0
PATTY KOETZNER	Treasurer	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
2025	$2,253,471	$2,115,904	$3,071,346	$137,567
2024	$2,185,220	$2,037,150	$2,792,225	$148,070
2023	$1,970,482	$1,890,868	$2,564,588	$79,614
2022	$1,907,577	$1,851,371	$2,274,119	$56,206
2021	$1,819,726	$1,406,243	$2,277,060	$413,483
2020	$1,707,116	$1,488,369	$1,931,003	$218,747
2019	$1,797,359	$1,671,160	$1,872,794	$126,199

THE OCEAN CLUB INC