THE WESTMORELAND CLUB CHARITABLE FOUNDATION (EIN 473233704) - 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

2015

Legal Domicile

Principal Officer

JOSEPH E KLUGER

Phone

5708226141

Tax Period

2024-01-01 to 2024-12-31

THE WESTMORELAND CLUB CHARITABLE FOUNDATION, founded in 2015, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $121K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $97K, a strong 81% operating margin.

Mission

TO PROVIDE SCHOLARSHIP ASSISTANCE TO EMPLOYEES OF THE WESTMORELAND CLUB.

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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 $77,565

Program Service Revenue $0

Investment Income $43,163

Other Revenue $0

TOTAL REVENUE $120,728

Expense Breakdown

Grants Paid $13,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,497

Other Expenses $10,497

TOTAL EXPENSES $23,497

Year-over-Year Comparison

	2024	2023	Change
Revenue	$120,728	$136,335	-0.1%
Expenses	$23,497	$26,216	-0.1%
Net Income	$97,231	$110,119	-0.1%

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

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
PETER BUTERA	DIRECTOR	1.00	Director	$0	$0	$0
MARK SOBECK	DIRECTOR	1.00	Director	$0	$0	$0
JOHN H WEINBERG	DIRECTOR	1.00	Director	$0	$0	$0
TARA MUGFORD-WILSON	DIRECTOR	1.00	Director	$0	$0	$0
HAROLD E FLACK II	PRESIDENT	1.00	Officer	$0	$0	$0
JOSEPH E KLUGER	SECRETARY/TREASURER	1.00	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	$120,728	$23,497	$519,811	$97,231
2023	$136,335	$26,216	$422,945	$110,119
2022	$58,620	$22,196	$312,963	$36,424
2021	$102,904	$9,391	$270,401	$93,513
2020	$15,301	$12,413	$178,397	$2,888
2019	$87,927	$15,146	$177,816	$72,781
2018	$29,065	$19,804	$108,035	$9,261

THE WESTMORELAND CLUB CHARITABLE FOUNDATION