SHERWOOD LAKE CLUB INC (EIN 480731495) - 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

1966

Legal Domicile

Principal Officer

THOMAS MCBRIDE

Phone

7852213248

Tax Period

2023-01-01 to 2023-12-31

SHERWOOD LAKE CLUB INC, founded in 1966, is a small nonprofit that reported $404K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $122K, a strong 30% operating margin.

Mission

TO PROVIDE MAINTENANCE OF LAKE FACILITITES AND SECURITY FOR MEMBERS.

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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 $307,843

Program Service Revenue $67,312

Investment Income $3,675

Other Revenue $24,790

TOTAL REVENUE $403,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,670

Fundraising Expenses $0

Other Expenses $150,617

TOTAL EXPENSES $281,287

Year-over-Year Comparison

	2023	2022	Change
Revenue	$403,620	$453,157	-0.1%
Expenses	$281,287	$375,119	-0.3%
Net Income	$122,333	$78,038	+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

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
KURT BOSSERT	VICE- PRESID	2.00	Officer Director	$0	$0	$0
MEGAN CLAY	SECRETARY	5.00	Officer Director	$0	$0	$0
PAUL FEIST	DIRECTOR	2.00	Director	$0	$0	$0
RANDY FORBES	DIRECTOR	2.00	Director	$0	$0	$0
JO HUNT	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS MCBRIDE	PRESIDENT &	5.00	Officer Director	$0	$0	$0
MIKE MORSE	DIRECTOR	2.00	Director	$0	$0	$0
ROB SEITZ	DIRECTOR	2.00	Director	$0	$0	$0
JOHN WENDLING	TREASURER	2.00	Officer 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	No data	No data	No data	No data
2023	$403,620	$281,287	$578,359	$122,333
2022	$453,157	$375,119	$436,045	$78,038
2021	$389,840	$360,218	$307,401	$29,622
2020	$358,609	$271,838	$225,713	$86,771
2019	$307,673	$355,826	$205,867	$-48,153
2018	$317,003	$295,670	$322,611	$21,333

SHERWOOD LAKE CLUB INC