Blowing Rock Country Club Inc

EIN: 560144176

Blowing Rock, NC

Total Revenue
$9,701,277
Total Expenses
$9,238,889
Total Assets
$19,612,180
Net Assets
$13,713,244
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
NC
Principal Officer
Martha Watkins
Phone
8282953171
Tax Period
2023-01-01 to 2023-12-31

Blowing Rock Country Club Inc, founded in 1939, is a community nonprofit that reported $9.7M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $9.2M left a modest 5% surplus.

Mission

TO PROVIDE COUNTRY CLUB AND SOCIAL ACTIVITIES FOR THE BENEFIT OF ITS 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $363,058
Program Service Revenue $9,356,868
Investment Income $-25,902
Other Revenue $7,253
TOTAL REVENUE $9,701,277

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,432,148
Fundraising Expenses $0
Other Expenses $4,806,741
TOTAL EXPENSES $9,238,889

Year-over-Year Comparison

2023 2022 Change
Revenue $9,701,277 $7,659,439 +0.3%
Expenses $9,238,889 $7,300,422 +0.3%
Net Income $462,388 $359,017 +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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Governance

Voting Members
12
Independent Members
12
Employees
170
Volunteers
12

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
6
$347,354
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Martha Watkins COO/GM 47.00
Officer
$191,098 $21,941 $213,039
Scott McFall F&B Director 44.00
$135,408 $12,424 $147,832
Andrew Glover Golf Director 45.00
$124,406 $18,604 $143,010
Josh Costner Golf Superintendent 45.00
$120,386 $17,188 $137,574
Todd Reese CFO 38.00
Officer
$116,224 $18,091 $134,315
John Orgain Board President 1.00
Officer Director
$0 $0 $0
Joe Bogdahn Board Vice Pres 1.00
Officer Director
$0 $0 $0
Michael Caine Board Treasurer 1.00
Officer Director
$0 $0 $0
Jean Kitchen Board Secretary 1.00
Officer Director
$0 $0 $0
Bob Anders Member 1.00
Director
$0 $0 $0
Shawn Poole Member 1.00
Director
$0 $0 $0
Peter Covington Member 1.00
Director
$0 $0 $0
Steve Watson Member 1.00
Director
$0 $0 $0
Jill West Member 1.00
Director
$0 $0 $0
Joe Jackson Member 1.00
Director
$0 $0 $0
Janie Sellers Member 1.00
Director
$0 $0 $0
Tiffany Taylor Member 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
2024 No data No data No data No data
2023 $9,701,277 $9,238,889 $19,612,180 $462,388
2022 $7,659,439 $7,300,422 $16,543,798 $359,017
2021 $7,792,731 $5,787,193 $13,095,488 $2,005,538
2020 $5,398,145 $4,662,835 $12,034,014 $735,310
2019 $5,964,377 $5,803,342 $11,403,037 $161,035
2018 $5,358,411 $5,605,651 $11,241,821 $-247,240
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