THE LANGLEY CLUBINC

EIN: 540624434

MCLEAN, VA

Total Revenue
$556,354
Total Expenses
$545,649
Total Assets
$489,046
Net Assets
$488,912
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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
1957
Legal Domicile
VA
Principal Officer
LANCE SCHONE
Phone
7037908540
Tax Period
2024-01-01 to 2024-12-31

THE LANGLEY CLUBINC, founded in 1957, is a small nonprofit that reported $396K in total revenue in fiscal year 2018.

Mission

OPERATION OF A COMMUNITY MEMBERSHIP SWIM AND TENNIS CLUB.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $415,891
Program Service Revenue $128,097
Investment Income $12,366
Other Revenue $0
TOTAL REVENUE $556,354

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,849
Fundraising Expenses $0
Program Expenses $530,512
Other Expenses $453,800
TOTAL EXPENSES $545,649

Year-over-Year Comparison

2024 2023 Change
Revenue $556,354 $672,138 -0.2%
Expenses $545,649 $559,811 0.0%
Net Income $10,705 $112,327 -0.9%
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

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Governance

Voting Members
15
Independent Members
15
Employees
50
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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN KNOOK PRESIDENT N/A
Officer Director
$0 $0 $0
MICKEY MORENO TREASURER N/A
Officer Director
$0 $0 $0
ALLISON PAI SECRETARY N/A
Officer Director
$0 $0 $0
RYAN WING VICE PRESIDE N/A
Officer Director
$0 $0 $0
LANCE SCHONE CONTROLLER N/A
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 $556,354 $545,649 $489,046 $10,705
2023 $672,138 $559,811 $470,918 $112,327
2022 $492,310 $491,067 $348,326 $1,243
2021 $440,512 $375,667 $344,082 $64,845
2020 $315,344 $381,591 $302,827 $-66,247
2019 $421,019 $421,138 $373,597 $-119
2018 $396,135 $414,593 $368,312 $-18,458
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