NANTUCKET GOLF CLUB FOUNDATION INC (EIN 460468973) - 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

2002

Legal Domicile

Principal Officer

EDMUND A HAJIM

Tax Period

2023-01-01 to 2023-12-31

NANTUCKET GOLF CLUB FOUNDATION INC, founded in 2002, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.6M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 52% operating margin.

Mission

SUPPORT LOCAL 501(C)(3) ORGANIZATIONS AND SUPPORT PROGRAMS THAT AWARD SCHOLARSHIP GRANTS IN THE FIELD OF EDUCATION.

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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 $1,409,480

Program Service Revenue $0

Investment Income $852,672

Other Revenue $2,297,215

TOTAL REVENUE $4,559,367

Expense Breakdown

Grants Paid $1,869,680

Salaries & Benefits $114,766

Fundraising Expenses $152,321

Program Expenses $2,013,999

Other Expenses $187,276

TOTAL EXPENSES $2,171,722

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,559,367	$3,762,593	+0.2%
Expenses	$2,171,722	$1,958,931	+0.1%
Net Income	$2,387,645	$1,803,662	+0.3%

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
ALASTAIR M BORTHWICK	DIRECTOR	0.00	Director	$0	$0	$0
DOUGLAS GRIP	DIRECTOR	0.00	Director	$0	$0	$0
THOMAS J BRESETTE	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
EDMUND A HAJIM	DIRECTOR	0.00	Officer Director	$0	$0	$0
REBECCA BARTLETT	TREASURER & CLERD	5.00	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	$4,559,367	$2,171,722	$13,563,657	$2,387,645
2022	$3,762,593	$1,958,931	$11,035,011	$1,803,662
2021	$4,253,618	$1,541,152	$9,583,348	$2,712,466
2020	$2,391,769	$1,571,797	$6,528,132	$819,972
2019	$3,128,319	$1,625,351	$5,695,660	$1,502,968
2018	$2,436,117	$1,790,101	$4,151,442	$646,016

NANTUCKET GOLF CLUB FOUNDATION INC