THE HUNDRED CLUB OF INDIAN RIVER COUNTY INC

EIN: 237170193 501(c)(3)

VERO BEACH, FL

Total Revenue
$116,970
Total Expenses
$75,543
Total Assets
$501,764
Net Assets
$501,764
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
FL
Principal Officer
MICHAEL SABONJOHN
Phone
7722348484
Tax Period
2024-10-01 to 2025-09-30

THE HUNDRED CLUB OF INDIAN RIVER COUNTY INC, founded in 1970, is a small nonprofit that reported $117K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 35% operating margin.

Mission

SUPPORT THE GRATUITOUS AND CHARITABLE GIFTS AND CONTRIBUTIONS FOR THE BENEFIT OF THE DEPENDENT WIDOWS AND CHILDREN OF PUBLIC SAFETY OFFICERS WHO, WHILE IN THE EMPLOY OF A MUNICIPAL CORPORATION LOCATED IN INDIAN RIVER COUNTY OR STATE OF FLORIDA WITHIN INDIAN RIVER COUNTY, LOST THEIR LIVES IN THE LINE OF DUTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $97,370
Program Service Revenue $0
Investment Income $19,600
Other Revenue $0
TOTAL REVENUE $116,970

Expense Breakdown

Grants Paid $18,000
Salaries & Benefits $0
Fundraising Expenses $46,200
Program Expenses $18,000
Other Expenses $57,543
TOTAL EXPENSES $75,543

Year-over-Year Comparison

2024 2023 Change
Revenue $116,970 $80,872 +0.4%
Expenses $75,543 $71,958 +0.0%
Net Income $41,427 $8,914 +3.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL SWAN PAST PRESIDENT 0.00
Director
$0 $0 $0
STEPHEN BOYLE DIRECTOR 0.00
Director
$0 $0 $0
JIM GABBARD DIRECTOR 0.00
Director
$0 $0 $0
DANIEL HARDEE DIRECTOR 0.00
Director
$0 $0 $0
BRANDON HAYES DIRECTOR 0.00
Director
$0 $0 $0
RYAN LOWTHER DIRECTOR 0.00
Director
$0 $0 $0
CLAY PRICE DIRECTOR 0.00
Director
$0 $0 $0
RYAN SCARPA DIRECTOR 0.00
Director
$0 $0 $0
JORDAN STEWART DIRECTOR 0.00
Director
$0 $0 $0
ROBERT VACCARO DIRECTOR 0.00
Director
$0 $0 $0
LB BUCK VOCELLE DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL SABONJOHN PRESIDENT 0.00
Officer
$0 $0 $0
WILLIAM PENNY VICE PRESIDENT 0.00
Officer
$0 $0 $0
JOE EARMAN JR TREASURER 0.00
Officer
$0 $0 $0
MICHELLE MORRIS SECRETARY 0.00
Officer
$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 $116,970 $75,543 $501,764 $41,427
2024 $80,872 $71,958 $460,337 $8,914
2023 $90,072 $61,720 $451,423 $28,352
2022 $94,422 $47,949 $425,304 $46,473
2021 $44,663 $25,617 $379,591 $19,046
2020 $44,487 $33,082 $360,545 $11,405
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