Meadowbrook Country Club

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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

Brian Runge

Phone

2483493600

Tax Period

2023-01-01 to 2023-12-31

Meadowbrook Country Club, founded in 1916, is a mid-sized nonprofit that reported $11.1M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 26% operating margin.

Mission

Golf, food and beverage service, swimming and tennis

Program Service Accomplishments

Program 1

Facility usage by approximately 685 members served by approximately 200 employees in the clubhouse, locker rooms, restaurant, bar, golf, pool and tennis activities.

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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 $9,548,918

Investment Income $0

Other Revenue $1,578,076

TOTAL REVENUE $11,126,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,561,597

Fundraising Expenses $0

Other Expenses $3,711,895

TOTAL EXPENSES $8,273,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,126,994	$8,646,048	+0.3%
Expenses	$8,273,492	$8,001,292	+0.0%
Net Income	$2,853,502	$644,756	+3.4%

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

254

Volunteers

100

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

$339,777

Total Directors

Key Employees

$206,127

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Micky Tschirhart	President	0.00	Officer Director	$0	$0	$0
Thomas Doyle	Vice President	0.00	Officer Director	$0	$0	$0
John Artz	Treasurer	0.00	Officer Director	$0	$0	$0
Todd Calloway	Secretary	0.00	Officer Director	$0	$0	$0
Kevin Adams	Director	0.00	Director	$0	$0	$0
Jatinder-Bir Sandu	Director	0.00	Director	$0	$0	$0
Jeff Terrill	Director	0.00	Director	$0	$0	$0
Sandy Stojkovski	Director	0.00	Director	$0	$0	$0
Tara Mahoney	Director	0.00	Director	$0	$0	$0
Brian Runge	General Manager	60.00	Officer	$181,774	$13,600	$195,374
Mark Dixon	Executive Chef	40.00	Highest	$93,566	$14,579	$108,145
Carl Miller	Controller	40.00	Officer	$131,114	$13,289	$144,403
Jared Milner	Course Superintendent	40.00	Key Emp	$162,385	$43,742	$206,127
Donna Collier	Director of Catering	40.00	Highest	$87,331	$18,996	$106,327
Michael Erickson	Golf Pro	40.00	Highest	$101,980	$4,546	$106,526
Dennis McVety	Asst Course Superintendent	40.00	Highest	$79,121	$28,610	$107,731
Mark Stevens	Director of Golf	40.00	Highest	$98,336	$25,537	$123,873

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	$11,126,994	$8,273,492	$25,653,059	$2,853,502
2022	$8,646,048	$8,001,292	$20,008,907	$644,756
2021	$9,967,244	$7,334,887	$16,027,502	$2,632,357
2020	$7,493,124	$6,525,448	$14,465,578	$967,676
2019	$7,614,423	$7,281,621	$14,828,183	$332,802
2018	$7,587,585	$7,719,802	$16,306,867	$-132,217