ATLANTIC COAST CLUB INC (EIN 521347948) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

KERMIT FOSTER

Phone

7575609887

Tax Period

2020-10-01 to 2021-09-30

ATLANTIC COAST CLUB INC, founded in 1984, is a small nonprofit that reported $111K in total revenue in fiscal year 2017. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $132K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE ONGOING YOUTH ACTIVITY PROGRAMS THAT WILL PRODUCE A STRONG BODY AND SOUND MIND TO THE PARTICIPANTS. WE ALSO PROVIDE MENTORING. SIGNIFICANT ACTIVITIES INCLUDE A SIXTEEN WEEK SCHEDULE OF COMPETITIONS THAT CULMINATE WITH NATIONAL CHAMPIONSHIPS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $46,223

Investment Income $4,179

Other Revenue $3,850

TOTAL REVENUE $54,252

Expense Breakdown

Grants Paid $4,585

Salaries & Benefits $33,937

Fundraising Expenses $0

Program Expenses $87,447

Other Expenses $55,284

TOTAL EXPENSES $93,806

Year-over-Year Comparison

	2020	2019	Change
Revenue	$54,252	$40,702	+0.3%
Expenses	$93,806	$83,132	+0.1%
Net Income	$-39,554	$-42,430	-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

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

$31,500

Total Directors

$31,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KERMIT FOSTER	PRESIDENT	32.00	Officer Director	$31,500	$0	$31,500
MARTHA P FOSTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KEISHA L FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
KATINA M HARRISON	DIRECTOR	1.00	Director	$0	$0	$0
SHIRLEY JONES	DIRECTOR	1.00	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
2021	$54,252	$93,806	$156,913	$-39,554
2019	$91,598	$142,719	$228,293	$-51,121
2018	$110,525	$131,535	$268,741	$-21,010

ATLANTIC COAST CLUB INC