SCOTTISH HILLS RECREATIONAL CLUB INC

EIN: 561082023 Recreation & Sports

CARY, NC

Total Revenue
$332,894
Total Expenses
$332,626
Total Assets
$169,957
Net Assets
$168,685
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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
1974
Legal Domicile
NC
Principal Officer
KRISTYN SEWELL
Phone
9194698109
Tax Period
2024-01-01 to 2024-12-31

SCOTTISH HILLS RECREATIONAL CLUB INC, founded in 1974, is a small nonprofit in the Recreation & Sports sector that reported $333K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

SCOTTISH HILLS RECREATIONAL CLUB PROVIDES RECREATIONAL AND SOCIAL ACTIVITIES FOR ITS MEMBERS. THE CLUB ALSO PROVIDES INDIVIDUAL AND GROUP INSTRUCION FOR SWIMMING AND DIVING. FURTHER, THE CLUB ORGANIZES TEAMS FOR CHILDREN (18 & UNDER) SO THEY MAY COMPETE IN LOCAL SWIM/DIVE EVENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,265
Program Service Revenue $321,738
Investment Income $3,428
Other Revenue $463
TOTAL REVENUE $332,894

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,183
Fundraising Expenses $0
Other Expenses $279,443
TOTAL EXPENSES $332,626

Year-over-Year Comparison

2024 2023 Change
Revenue $332,894 $296,251 +0.1%
Expenses $332,626 $286,162 +0.2%
Net Income $268 $10,089 -1.0%
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
8
Independent Members
8
Employees
27
Volunteers
30

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
3
$1,655
Total Directors
13
$5,135
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTYN SEWELL PRESIDENT 10.00
Officer Director
$0 $580 $580
TAYLOR RAYNOR VICE PRESIDE 10.00
Officer Director
$0 $580 $580
ERIK MOLANDER TREASURER 10.00
Officer Director
$0 $495 $495
KRISTIN GEYER DIRECTOR 10.00
Director
$0 $580 $580
SARAH BETH DUYCK DIRECTOR 10.00
Director
$0 $580 $580
ELLIE RICHARDS DIRECTOR 10.00
Director
$0 $580 $580
KERRI SHORE DIRECTOR 10.00
Director
$0 $580 $580
REBEKAH SCHLOEMANN DIRECTOR 10.00
Director
$0 $580 $580
PATRICIA WIGGINTON PRESIDENT (F 10.00
Director
$0 $0 $0
MATT NOBILE DIRECTOR (FO 10.00
Director
$0 $580 $580
SHANNON LITTLE DIRECTOR (FO 10.00
Director
$0 $0 $0
WILL SHEPPARD DIRECTOR (FO 10.00
Director
$0 $0 $0
CRAIG DOUGLAS DIRECTOR (FO 10.00
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 $332,894 $332,626 $169,957 $268
2023 $296,251 $286,162 $176,052 $10,089
2022 $305,813 $274,428 $175,731 $31,385
2021 $253,480 $219,138 $161,357 $34,342
2020 $187,805 $183,150 $146,884 $4,655
2019 $224,010 $221,281 $154,134 $2,729
2018 $257,449 $229,038 $161,024 $28,411
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