LAKESIDE COUNTRY CLUB OF BLOOMINGTON (EIN 370376095) - 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

1916

Legal Domicile

Principal Officer

VERN MCGINNIS

Phone

3098275402

Tax Period

2023-01-01 to 2023-12-31

LAKESIDE COUNTRY CLUB OF BLOOMINGTON, founded in 1916, is a small nonprofit that reported $972K in total revenue in fiscal year 2023.

Mission

LAKESIDE COUNTRY CLUB IS A SOCIAL ORGANIZATION THAT PROVIDES RECREATIONAL ACTIVITIES FOR ITS MEMBERS.

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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 $970,704

Investment Income $92

Other Revenue $1,423

TOTAL REVENUE $972,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $483,861

Fundraising Expenses $0

Program Expenses $417,866

Other Expenses $499,622

TOTAL EXPENSES $983,483

Year-over-Year Comparison

	2023	2022	Change
Revenue	$972,219	$1,017,386	0.0%
Expenses	$983,483	$916,467	+0.1%
Net Income	$-11,264	$100,919	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL CALDWELL	DIRECTOR	2.00	Officer Director	$0	$0	$0
TONY FABRIZIO	DIRECTOR	2.00	Director	$0	$0	$0
MIKE MCGREW	DIRECTOR	2.00	Director	$0	$0	$0
RYAN LEVERTON	DIRECTOR	2.00	Director	$0	$0	$0
STEVE GILDNER	DIRECTOR	2.00	Director	$0	$0	$0
JIM MODGLIN	DIRECTOR	2.00	Director	$0	$0	$0
VERN MCGINNIS	PRESIDENT	3.00	Officer	$0	$0	$0
MARY GARRISON	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$972,219	$983,483	$2,225,804	$-11,264
2022	$1,017,386	$916,467	$2,223,206	$100,919
2021	$930,912	$748,915	$2,233,264	$181,997
2020	$546,934	$566,383	$2,116,247	$-19,449
2019	$913,039	$939,864	$2,141,318	$-26,825
2018	$821,494	$792,902	$2,196,134	$28,592

LAKESIDE COUNTRY CLUB OF BLOOMINGTON