TROON COUNTRY CLUB SCHOLARSHIP FOUNDATION (EIN 208691465) - 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

IRA EDELSON

Phone

4804735085

Tax Period

2024-01-01 to 2024-12-31

TROON COUNTRY CLUB SCHOLARSHIP FOUNDATION, founded in 2007, is a small nonprofit in the Education sector that reported $482K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $168K, a strong 35% operating margin.

Mission

TO MAKE SCHOLARSHIPS AVAILABLE TO EMPLOYEES OF TROON GOLF & COUNTRY CLUB AND (CONT'D ON SCH O) THEIR SPOUSES AND CHILDREN, WITHOUT DISCRIMINATION AS TO RACE, RELIGIOUS PREFERENCE OR ETHNIC ORIGIN, AS WELL AS TO ANY OTHER INDIVIDUAL DEEMED DESERVING, AT THE SOLE DISCRETION OF THE BOARD.

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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 $455,118

Program Service Revenue $0

Investment Income $47,181

Other Revenue $-20,795

TOTAL REVENUE $481,504

Expense Breakdown

Grants Paid $292,120

Salaries & Benefits $0

Fundraising Expenses $5,658

Program Expenses $292,120

Other Expenses $21,342

TOTAL EXPENSES $313,462

Year-over-Year Comparison

	2024	2023	Change
Revenue	$481,504	$424,307	+0.1%
Expenses	$313,462	$349,920	-0.1%
Net Income	$168,042	$74,387	+1.3%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM O'DEA	PRESIDENT	3.00	Officer Director	$0	$0	$0
VICKI BOBROW	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
IRA EDELSON	TREASURER	8.00	Officer Director	$0	$0	$0
JUDY FROST	SECRETARY	5.00	Officer Director	$0	$0	$0
ARTHUR PETERS	DIRECTOR	1.00	Director	$0	$0	$0
LINDA FONTANA-SMITH	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL PETERS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DANA CRAIG	DIRECTOR	1.00	Director	$0	$0	$0
LARRY MOSS	DIRECTOR	1.00	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	$481,504	$313,462	$1,653,612	$168,042
2023	$424,307	$349,920	$1,396,352	$74,387
2022	$427,138	$177,516	$1,379,390	$249,622
2021	$310,218	$206,244	$1,543,152	$103,974
2020	$226,882	$214,371	$1,329,398	$12,511
2019	$346,032	$211,075	$1,240,904	$134,957
2018	$306,841	$179,689	$957,548	$127,152

TROON COUNTRY CLUB SCHOLARSHIP FOUNDATION