COUNTRY CLUB OF ITHACA NEW YORK (EIN 150348800) - 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

1901

Legal Domicile

Principal Officer

MARK MCCARTHY

Phone

6073175215

Tax Period

2021-01-01 to 2021-12-31

COUNTRY CLUB OF ITHACA NEW YORK, founded in 1901, is a small nonprofit that reported $176K in total revenue in fiscal year 2021. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $220K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROVIDE SOCIAL BENEFITS TO CLUB 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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $178,056

Investment Income $0

Other Revenue $-1,610

TOTAL REVENUE $176,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,745

Fundraising Expenses $0

Other Expenses $184,389

TOTAL EXPENSES $220,134

Year-over-Year Comparison

	2021	2020	Change
Revenue	$176,446	$908,780	-0.8%
Expenses	$220,134	$1,125,012	-0.8%
Net Income	$-43,688	$-216,232	-0.8%

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

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

$3,694

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK MCCARTHY	PRESIDENT	3.00	Officer Director	$0	$0	$0
PETER LITTMAN	SECRETARY	3.00	Officer Director	$0	$0	$0
NATHAN LYMAN	TREASURER	3.00	Officer Director	$0	$0	$0
JIM KIRKWOOD	BOARD MEMBER	3.00	Director	$0	$0	$0
GEORGE HAY	BOARD MEMBER	3.00	Director	$0	$0	$0
ELLIOT RUBINSTEIN	BOARD MEMBER	3.00	Director	$0	$0	$0
MICHAEL FIELD	BOARD MEMBER	3.00	Director	$0	$0	$0
MARCIE KREYDT	BOARD MEMBER	3.00	Director	$0	$0	$0
THOMAS SMITH	GENERAL MANAGER	40.00	Director	$3,694	$0	$3,694

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
2021	$176,446	$220,134	No data	$-43,688
2020	$908,780	$1,125,012	$2,544,088	$-216,232
2019	$1,358,954	$1,418,787	$2,784,994	$-59,833
2018	$1,335,518	$1,494,239	$2,945,771	$-158,721

COUNTRY CLUB OF ITHACA NEW YORK