GLENS FALLS COUNTRY CLUB INC

EIN: 140696490

QUEENSBURY, NY

Total Revenue
$5,007,456
Total Expenses
$4,535,091
Total Assets
$5,044,330
Net Assets
$4,187,207
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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
1912
Legal Domicile
NY
Principal Officer
PATRICK CANAVAN
Phone
5187921186
Tax Period
2023-01-01 to 2023-12-31

GLENS FALLS COUNTRY CLUB INC, founded in 1912, is a community nonprofit that reported $5.0M in total revenue in fiscal year 2023. Expenses of $4.5M left a modest 9% surplus.

Mission

TO PROVIDE RECREATIONAL AND SOCIAL FACILITIES AND ACTIVITIES TO ITS MEMBERS.

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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 $3,024,503
Investment Income $49,336
Other Revenue $1,933,617
TOTAL REVENUE $5,007,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,686,390
Fundraising Expenses $0
Other Expenses $1,848,701
TOTAL EXPENSES $4,535,091

Year-over-Year Comparison

2023 2022 Change
Revenue $5,007,456 $4,639,660 +0.1%
Expenses $4,535,091 $4,209,611 +0.1%
Net Income $472,365 $430,049 +0.1%
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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Governance

Voting Members
14
Independent Members
10
Employees
113
Volunteers
14

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
$8,596
Total Directors
14
$9,230
Key Employees
1
$178,701
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER ROOP PRESIDENT 10.00
Officer Director
$5,601 $0 $5,601
PAT CANAVAN TREASURER 10.00
Officer Director
$2,735 $0 $2,735
LESLIE D'ANGELICO SECRETARY 10.00
Officer Director
$0 $0 $0
PAUL DEMBOSKI BOARD MEMBER 5.00
Director
$0 $0 $0
LARISSA CRISPINO BOARD MEMBER 5.00
Director
$0 $0 $0
JACK BULLARD BOARD MEMBER 5.00
Director
$0 $0 $0
JAMIE HAYES BOARD MEMBER 5.00
Director
$634 $0 $634
PETER FITZGERALD BOARD MEMBER 5.00
Director
$0 $0 $0
STORMY DESANTIS BOARD MEMBER 5.00
Director
$0 $0 $0
KIM SEITZ BOARD MEMBER 5.00
Director
$0 $0 $0
MARC MONAHAN BOARD MEMBER 5.00
Director
$0 $0 $0
PAUL SCHIAVI BOARD MEMBER 5.00
Director
$0 $0 $0
ERIC SCHWENKER BOARD MEMBER 5.00
Director
$0 $0 $0
DAVID ANDERSON BOARD MEMBER 5.00
Officer Director
$260 $0 $260
DARIN CRIPPEN GREEN SUPERINTENDENT 40.00
Key Emp
$167,471 $11,230 $178,701
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 No data No data No data No data
2023 $5,007,456 $4,535,091 $5,044,330 $472,365
2022 $4,639,660 $4,209,611 $4,795,926 $430,049
2021 $4,518,193 $3,834,216 $4,176,994 $683,977
2020 $3,498,158 $2,981,177 $3,452,577 $516,981
2019 $3,153,934 $3,074,155 $2,933,720 $79,779
2018 $3,072,313 $2,901,200 $3,039,986 $171,113
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