Cabarrus Country Club Inc (EIN 560159467) - 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

1922

Legal Domicile

Principal Officer

Will Lisk

Phone

7047863104

Tax Period

2023-01-01 to 2023-12-31

Cabarrus Country Club Inc, founded in 1922, is a community nonprofit that reported $4.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

Provide recreational fellowship to 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 $0

Program Service Revenue $4,774,710

Investment Income $0

Other Revenue $94,266

TOTAL REVENUE $4,868,976

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,419,639

Fundraising Expenses $0

Other Expenses $2,416,172

TOTAL EXPENSES $4,835,811

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,868,976	$4,474,506	+0.1%
Expenses	$4,835,811	$4,400,803	+0.1%
Net Income	$33,165	$73,703	-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

143

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

$235,171

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Will Lisk	President	4.00	Officer Director	$0	$0	$0
Will Rinker	Vice-president	2.00	Officer Director	$0	$0	$0
Lance Martin	Secretary	2.00	Officer Director	$0	$0	$0
Dale Schneider	Treasurer	2.00	Officer Director	$0	$0	$0
Patrick Hayes	Director	2.00	Director	$0	$0	$0
Joe Horton	Director	2.00	Director	$0	$0	$0
Robbie Williams	Director	2.00	Director	$0	$0	$0
Robbie Lewis	Director	2.00	Director	$0	$0	$0
Rich Schachner	Director	2.00	Director	$0	$0	$0
Steve Thomas	Director	2.00	Director	$0	$0	$0
Justin Verway	General manager	50.00	Key Emp Highest	$120,867	$11,746	$132,613
Kevin Lutz	Golf course superintendent	50.00	Key Emp	$96,558	$6,000	$102,558

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	$4,868,976	$4,835,811	$5,175,761	$33,165
2022	$4,474,506	$4,400,803	$5,201,001	$73,703
2021	$4,718,305	$3,968,078	$4,817,712	$750,227
2020	$633,796	$804,598	$4,242,402	$-170,802
2020	$2,862,576	$2,985,040	$4,307,241	$-122,464
2019	$3,666,492	$3,094,678	$3,568,659	$571,814
2018	$3,016,143	$3,016,056	$2,537,454	$87

Cabarrus Country Club Inc