CLUB 720 DEVELOPMENT CORPORATION (EIN 208263324) - 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

2007

Legal Domicile

Principal Officer

HEATHER PRESLEY-COWEN

Phone

2606152614

Tax Period

2024-01-01 to 2024-12-31

CLUB 720 DEVELOPMENT CORPORATION, founded in 2007, is a community nonprofit in the Community Improvement sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 132% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 59% operating margin.

Mission

THE CLUB 720 DEVELOPMENT CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO CULTIVATING AND STRENGTHENING THRIVING COMMUNITIES.

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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 $3,122,428

Program Service Revenue $1,247,000

Investment Income $-747,608

Other Revenue $0

TOTAL REVENUE $3,621,820

Expense Breakdown

Grants Paid $202,184

Salaries & Benefits $534,742

Fundraising Expenses $26,892

Program Expenses $1,322,205

Other Expenses $749,113

TOTAL EXPENSES $1,486,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,621,820	$1,559,215	+1.3%
Expenses	$1,486,039	$1,380,795	+0.1%
Net Income	$2,135,781	$178,420	+11.0%

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

$201,866

Total Directors

$201,866

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER PRESLEY-COWEN	CEO	25.00	Officer Director	$109,097	$0	$109,097
RYAN CHASEY	COO	40.00	Officer Director	$92,769	$0	$92,769
DENISE ANDORFER	DIRECTOR	0.50	Director	$0	$0	$0
J NELSON COATS	TREASURER	0.50	Officer Director	$0	$0	$0
LINDA LAUER	SECRETARY	0.50	Officer Director	$0	$0	$0
ADAM WELCH	DIRECTOR	0.50	Director	$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
2024	$3,621,820	$1,486,039	$4,097,654	$2,135,781
2023	$1,559,215	$1,380,795	$630,966	$178,420
2022	$650,699	$1,233,053	$460,281	$-582,354
2021	$411,079	$463,299	$1,064,672	$-52,220
2020	$1,327,231	$424,088	$1,108,582	$903,143
2019	$267,114	$246,524	$185,867	$20,590
2018	$376,130	$333,386	$166,824	$42,744

CLUB 720 DEVELOPMENT CORPORATION