CARTHAGE LAKE CLUB (EIN 370633884) - 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

1902

Legal Domicile

Phone

3197547706

Tax Period

2024-05-01 to 2025-04-30

CARTHAGE LAKE CLUB, founded in 1902, is a small nonprofit that reported $112K in total revenue in fiscal year 2024. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 23% operating margin.

Mission

SOCIAL RECREATION AND FISHING

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $87,900

Investment Income $23,705

Other Revenue $557

TOTAL REVENUE $112,162

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,549

Fundraising Expenses $0

Program Expenses $86,675

Other Expenses $64,126

TOTAL EXPENSES $86,675

Year-over-Year Comparison

	2024	2023	Change
Revenue	$112,162	$63,256	+0.8%
Expenses	$86,675	$78,543	+0.1%
Net Income	$25,487	$-15,287	-2.7%

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
DRAKE DELANG	DIRECTOR	10.00	Director	$0	$0	$0
JOSH CASTON	DIRECTOR	10.00	Director	$0	$0	$0
SCOTT HOCKER	DIRECTOR	10.00	Director	$0	$0	$0
BEN DIEWOLD	DIRECTOR	10.00	Director	$0	$0	$0
STEVEN BLOOMER	DIRECTOR	10.00	Director	$0	$0	$0
KENNY STUTSMAN	DIRECTOR	10.00	Director	$0	$0	$0
BRADLEY WEISS	TREASURER	10.00	Officer Director	$0	$0	$0
MICHELLE HOLMES	SECRETARY	10.00	Officer Director	$0	$0	$0
MICHAEL OLSON	PRESIDENT	15.00	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
2025	$112,162	$86,675	$459,578	$25,487
2024	$63,256	$78,543	$433,675	$-15,287
2023	$126,442	$121,982	$418,226	$4,460
2022	$97,552	$95,351	$455,066	$2,201
2021	$84,804	$68,657	$415,079	$16,147
2019	$85,594	$78,239	$402,184	$7,355

CARTHAGE LAKE CLUB