FOREST LAKES CLUB (EIN 221822764) - 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

1981

Legal Domicile

Principal Officer

Gregory Smith II

Phone

9737865111

Tax Period

2024-05-01 to 2025-04-30

FOREST LAKES CLUB, founded in 1981, is a small nonprofit that reported $284K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

MEMBERSHIP CLUB

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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 $283,501

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $283,501

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,029

Fundraising Expenses $0

Program Expenses $0

Other Expenses $187,219

TOTAL EXPENSES $282,248

Year-over-Year Comparison

	2024	2023	Change
Revenue	$283,501	$257,984	+0.1%
Expenses	$282,248	$275,303	+0.0%
Net Income	$1,253	$-17,319	-1.1%

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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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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY BRANNING	CHAIRMAN	6	Director	$0	$0	$0
DEBRA DEVENNY	VICE-CHARIMAN	6	Director	$0	$0	$0
JACK QUIRK	PRESIDENT	6	Director	$0	$0	$0
LEN BICHER	VICE PRESIDENT	6	Director	$0	$0	$0
GREG SMITH	TREASURER	8	Director	$0	$0	$0
ERIC DIETZ	SECRETARY	6	Director	$0	$0	$0
RANDY PALEN	MEMBER	6	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
2025	$283,501	$282,248	$213,720	$1,253
2024	$257,984	$275,303	$212,470	$-17,319
2023	$333,876	$294,099	$229,789	$39,777
2022	$241,584	$244,810	$157,786	$-3,226
2021	$225,430	$226,584	$164,296	$-1,154
2020	$217,840	$220,755	$150,368	$-2,915
2019	$220,615	$224,496	$134,835	$-3,881

FOREST LAKES CLUB