FRANKLIN HILLS COUNTRY CLUB (EIN 380555850) - 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

1935

Legal Domicile

Principal Officer

LAURENT FREGONARA

Phone

2488512200

Tax Period

2023-10-01 to 2024-09-30

FRANKLIN HILLS COUNTRY CLUB, founded in 1935, is a mid-sized nonprofit that reported $11.0M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.2M, a strong 20% operating margin.

Mission

FRANKLIN HILLS IS A PRIVATE COUNTRY CLUB DEDICATED TO PROVIDING ITS MEMBERS, FAMILIES AND GUESTS WITH EXTRAORDINARY FACILITIES FOR GOLF, SOCIALIZING, TENNIS, SWIMMING, AND ENTERTAINING. WITH A NATIONALLY RANKED GOLF COURSE AND EXCEPTIONAL SERVICE.

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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 $11,535,019

Investment Income $210,379

Other Revenue $-719,439

TOTAL REVENUE $11,025,959

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,195,129

Fundraising Expenses $0

Other Expenses $4,641,874

TOTAL EXPENSES $8,837,003

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,025,959	$9,604,222	+0.1%
Expenses	$8,837,003	$8,264,852	+0.1%
Net Income	$2,188,956	$1,339,370	+0.6%

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

215

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

$301,528

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOLLY CHERNOW	DIRECTOR	0.50	Director	$0	$0	$0
DR CHARLES SCHWARTZ	PRESIDENT	0.50	Officer Director	$0	$0	$0
JEFF WEBER	DIRECTOR	0.50	Director	$0	$0	$0
MATTHEW SOSIN	VICE - PRESIDENT	0.50	Officer Director	$0	$0	$0
ADAM JACOB	DIRECTOR	0.50	Director	$0	$0	$0
SUE KAUFMAN	DIRECTOR	0.50	Director	$0	$0	$0
STACY KLEIN	TREASURER	0.50	Officer Director	$0	$0	$0
MARK LEWIS	DIRECTOR	0.50	Director	$0	$0	$0
PETER JOELSON	DIRECTOR	0.50	Director	$0	$0	$0
DR JEFFREY SHAPIRO	SECRETARY	0.50	Officer Director	$0	$0	$0
DR MARC SIEGEL	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL KRAMER	DIRECTOR	0.50	Director	$0	$0	$0
LAURENT FREGONARA	GENERAL MANAGER	40.00	Key Emp	$278,465	$23,063	$301,528
BRIAN SCHWEIHOFER	GREENS SUPER	40.00	Highest	$256,508	$27,921	$284,429
JEFFERY FERRY	HEAD GOLF PROFESSIONAL	40.00	Highest	$192,475	$27,472	$219,947
KEITH BJERTNESS	EXECUTIVE CHEF	40.00	Highest	$242,799	$23,043	$265,842
FRED KARK	CONTROLLER	40.00	Highest	$184,650	$25,455	$210,105

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	$11,025,959	$8,837,003	$14,430,391	$2,188,956
2023	$9,604,222	$8,264,852	$12,282,380	$1,339,370
2022	$10,135,789	$10,364,116	$14,923,818	$-228,327
2021	$9,074,749	$9,586,300	$11,448,483	$-511,551
2020	$7,672,744	$7,815,452	$11,677,496	$-142,708
2019	$8,896,584	$9,205,578	$9,355,480	$-308,994
2018	$5,794,339	$5,825,095	$9,683,986	$-30,756

FRANKLIN HILLS COUNTRY CLUB