INDIAN ACRES CLUB OF THORNBURG INC (EIN 237352163) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

DONNA WALTHALL

Phone

5405826314

Tax Period

2023-11-01 to 2024-10-31

INDIAN ACRES CLUB OF THORNBURG INC, founded in 1973, is a community nonprofit in the Recreation & Sports sector that reported $3.4M in total revenue in fiscal year 2017. Expenses of $3.1M left a modest 8% surplus.

Mission

NON-PROFIT RECREATIONAL CAMPGROUND THAT PROVIDES AMENITIES FOR OWNERS OF THE CLUB.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,304,932

Investment Income $414

Other Revenue $489,252

TOTAL REVENUE $5,794,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,440,073

Fundraising Expenses $0

Other Expenses $3,020,702

TOTAL EXPENSES $5,460,775

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,794,598	$5,065,792	+0.1%
Expenses	$5,460,775	$4,904,056	+0.1%
Net Income	$333,823	$161,736	+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

2650

Independent Members

2650

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
RAMONA GOFF	CHAIRMAN	N/A	Officer Director	$0	$0	$0
RITA ROSE	PRESIDENT	N/A	Officer Director	$0	$0	$0
BILLY STANTON	1ST VICE PRE	N/A	Officer Director	$0	$0	$0
PATRICK KEATING	2ND VICE PRE	N/A	Officer Director	$0	$0	$0
DONNA WALTHALL	TREASURER	N/A	Officer Director	$0	$0	$0
RENE WALLIS	ASST. TREASU	N/A	Officer Director	$0	$0	$0
JOYCE WAGGETT	SECRETARY	N/A	Officer Director	$0	$0	$0
STEVE THOMPSON	MEMBER	N/A	Officer Director	$0	$0	$0
JUDY BROWN	MEMBER	N/A	Officer 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	$5,794,598	$5,460,775	$4,882,776	$333,823
2023	$5,065,792	$4,904,056	$4,220,812	$161,736
2022	$4,647,358	$4,116,790	$4,400,000	$530,568
2021	$4,215,117	$3,706,784	$3,626,444	$508,333
2020	$3,761,723	$3,659,755	$3,207,965	$101,968
2019	$3,520,554	$3,453,327	$2,922,525	$67,227
2018	$3,415,207	$3,137,423	$2,918,514	$277,784

INDIAN ACRES CLUB OF THORNBURG INC