RATTLESNAKE ISLAND CLUB INC (EIN 341878939) - 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

1998

Legal Domicile

Principal Officer

THOMAS MCDONALD

Phone

4192852861

Tax Period

2023-01-01 to 2023-12-31

RATTLESNAKE ISLAND CLUB INC, founded in 1998, is a community nonprofit in the Recreation & Sports sector that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Net assets of $4.1M represent 28 months of operating reserves.

Mission

PRIVATE SOCIAL, RECREATIONAL AND BOATING 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,759,486

Investment Income $0

Other Revenue $14,442

TOTAL REVENUE $1,773,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $618,229

Fundraising Expenses $0

Other Expenses $1,170,432

TOTAL EXPENSES $1,788,661

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,773,928	$1,481,005	+0.2%
Expenses	$1,788,661	$1,412,193	+0.3%
Net Income	$-14,733	$68,812	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES KOCH	CHAIRMAN	N/A	Director	$0	$0	$0
MARK LYDEN	DIRECTOR	N/A	Director	$0	$0	$0
JAMES TESAR	DIRECTOR	N/A	Director	$0	$0	$0
THOMAS MCDONALD	VICE PRESIDE	N/A	Officer	$0	$0	$0
ROBERT M SERPENTNI	PRESIDENT	N/A	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
2024	No data	No data	No data	No data
2023	$1,773,928	$1,788,661	$7,278,514	$-14,733
2022	$1,481,005	$1,412,193	$5,444,249	$68,812
2021	$1,478,628	$1,219,006	$3,955,354	$259,622
2020	$805,708	$799,316	$3,816,192	$6,392
2019	$1,112,319	$862,799	$3,712,804	$249,520
2018	$880,919	$823,262	$3,624,927	$57,657

RATTLESNAKE ISLAND CLUB INC