VETERANS MEMORIAL GOLF CLUB FOUNDATION INC (EIN 450604857) - 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

2011

Legal Domicile

Principal Officer

JASON FLOY

Phone

6414239352

Tax Period

2024-01-01 to 2024-12-31

VETERANS MEMORIAL GOLF CLUB FOUNDATION INC, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $392K in total revenue in fiscal year 2024.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PRESERVE, MAINTAIN, AND MANAGE THE HISTORIC NINE HOLE GOLF COURSE FORMERLY KNOWN AS ALL VETERANS GOLF COURSE AS A CENTER UTILIZED TO ENHANCE THE QUALITY OF LIFE IN THE NORTH IOWA AREA BY PROVIDING CULTURAL, EDUCATIONAL, RECREATIONAL, AND ENTERTAINMENT OPPORTUNITIES.

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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 $4,582

Program Service Revenue $250,646

Investment Income $98

Other Revenue $137,051

TOTAL REVENUE $392,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,868

Fundraising Expenses $0

Program Expenses $391,842

Other Expenses $171,974

TOTAL EXPENSES $391,842

Year-over-Year Comparison

	2024	2023	Change
Revenue	$392,377	$387,370	+0.0%
Expenses	$391,842	$396,803	0.0%
Net Income	$535	$-9,433	-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

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
MATT BRINKMAN	DIRECTOR	N/A	Director	$0	$0	$0
MARK EBLING	DIRECTOR	N/A	Director	$0	$0	$0
PAXTON FARMER	SECRETARY	N/A	Officer Director	$0	$0	$0
JASON FLOY	PRESIDENT	N/A	Officer Director	$0	$0	$0
BRYCE FUHRMAN	DIRECTOR	N/A	Director	$0	$0	$0
MATT MEYERS	TREASURER	N/A	Officer Director	$0	$0	$0
MATT MIXDORF	DIRECTOR	N/A	Director	$0	$0	$0
CINDY RURUP	DIRECTOR	N/A	Director	$0	$0	$0
CARRIE SHANNON	DIRECTOR	N/A	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
2024	$392,377	$391,842	$223,395	$535
2023	$387,370	$396,803	$250,861	$-9,433
2022	$349,737	$349,755	$221,678	$-18
2021	$362,677	$330,504	$225,761	$32,173
2020	$372,094	$310,898	$206,087	$61,196
2019	$302,790	$276,334	$156,396	$26,456
2018	$276,179	$279,084	$188,917	$-2,905

VETERANS MEMORIAL GOLF CLUB FOUNDATION INC