L R BEACH CLUB INC D/B/A LARONDE BEACH CLUB (EIN 112651847) - 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

1983

Legal Domicile

Principal Officer

PHILLIP SMYTH

Phone

6312884122

Tax Period

2024-11-01 to 2025-10-31

L R BEACH CLUB INC D/B/A LARONDE BEACH CLUB, founded in 1983, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 12% surplus.

Mission

THE CLUB OFFERS ITS MEMBERS FULL BEACH CLUB FACILITIES AND RECREATIONAL ACTIVITIES. THESE FACILITIES INCLDUE SPORTS, DAYCAMP, POOL AND BEACH ACTIVITIES AND ARE FAMILY ORIENTED.

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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 $0

Program Service Revenue $2,230,547

Investment Income $64,496

Other Revenue $64,468

TOTAL REVENUE $2,359,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $835,093

Fundraising Expenses $0

Other Expenses $1,236,947

TOTAL EXPENSES $2,072,040

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,359,511	$2,113,159	+0.1%
Expenses	$2,072,040	$1,929,159	+0.1%
Net Income	$287,471	$184,000	+0.6%

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

102

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
JO-ANN LIPMAN	ASST. SECRET	1.00	Director	$0	$0	$0
KATHRYN MORIARTY	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN O'LEARY	SECRETARY	1.00	Director	$0	$0	$0
NICHOLAS ROSATO	DIRECTOR	1.00	Director	$0	$0	$0
TARA SPIEGEL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN DONAHUE III	TREASURER	1.00	Officer	$0	$0	$0
SHEPARD POOLE	VICE PRESIDE	1.00	Officer	$0	$0	$0
KENNETH SELLIN	ASST. TREASU	1.00	Officer	$0	$0	$0
PHILLIP SMYTH	PRESIDENT	1.00	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	$2,359,511	$2,072,040	$3,934,958	$287,471
2024	$2,113,159	$1,929,159	$3,637,176	$184,000
2023	$1,753,361	$1,996,888	$3,471,669	$-243,527
2022	$1,755,531	$1,741,139	$3,676,623	$14,392
2021	$2,096,851	$1,497,536	$3,667,619	$599,315
2020	$1,295,373	$1,166,520	$4,504,738	$128,853
2019	$1,451,921	$1,755,815	$3,640,540	$-303,894
2018	$1,501,382	$1,455,778	$3,225,506	$45,604

L R BEACH CLUB INC D/B/A LARONDE BEACH CLUB