FLEMISH AMERICAN CLUB INC (EIN 362123825) - 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

1941

Legal Domicile

Principal Officer

BONNIE INCE

Phone

3098531891

Tax Period

2023-01-01 to 2023-12-31

FLEMISH AMERICAN CLUB INC, founded in 1941, is a micro nonprofit that reported $52K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Net assets of $111K represent 26 months of operating reserves.

Mission

SOCIAL 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 $3,000

Program Service Revenue $2,000

Investment Income $2,251

Other Revenue $44,474

TOTAL REVENUE $51,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,031

Fundraising Expenses $0

Other Expenses $49,183

TOTAL EXPENSES $55,214

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,725	$61,525	-0.2%
Expenses	$55,214	$61,724	-0.1%
Net Income	$-3,489	$-199	+16.5%

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
MARK MIKENAS	DIRECTOR	1.00	Officer	$0	$0	$0
RICH BURNS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MIKE HILL	DIRECTOR	1.00	Officer	$0	$0	$0
BONNIE INCE	PRESIDENT	5.00	Officer	$0	$0	$0
KASEY DUNN	DIRECTOR	1.00	Officer	$0	$0	$0
SUSAN CALHOUN	SECRETARY	1.00	Officer	$0	$0	$0
CAROL O'BRIAN	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$51,725	$55,214	$110,962	$-3,489
2022	$61,525	$61,724	$114,445	$-199
2021	$46,809	$44,765	$114,497	$2,044
2020	$31,119	$40,225	$112,172	$-9,106

FLEMISH AMERICAN CLUB INC