STARMOUNT FOREST COUNTRY CLUB INC (EIN 561636258) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

MICHAEL CORBETT

Phone

3362990425

Tax Period

2023-01-01 to 2023-12-31

STARMOUNT FOREST COUNTRY CLUB INC, founded in 1982, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2023. The organization ran a surplus of $1.6M, a strong 19% operating margin.

Mission

STARMOUNT FOREST COUNTRY CLUB, INC. IS A NOT-FOR-PROFIT SOCIAL ORGANIZATION WHICH PROVIDES RECREATIONAL ACTIVITIES FOR THE BENEFIT OF ITS MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,795,604

Investment Income $-2,196

Other Revenue $1,474,931

TOTAL REVENUE $8,268,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,709,072

Fundraising Expenses $0

Other Expenses $2,976,388

TOTAL EXPENSES $6,685,460

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,268,339	$7,667,675	+0.1%
Expenses	$6,685,460	$6,558,790	+0.0%
Net Income	$1,582,879	$1,108,885	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

336

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

$448,054

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL CORBETT	PRESIDENT	2.00	Officer Director	$0	$0	$0
GREG BROWN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SCOTT FOWLER	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN BARBEE	SECRETARY	2.00	Officer Director	$0	$0	$0
BRAD PENN	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
APRILLE BLACK	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY FUQUAY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT HENEGAR	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN GREENE	DIRECTOR	1.00	Director	$0	$0	$0
MATT KIBBLE	DIRECTOR	1.00	Director	$0	$0	$0
ROB LUCE	DIRECTOR	1.00	Director	$0	$0	$0
CAITLIN THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
CANDACE HORVATH	DIRECTOR	1.00	Director	$0	$0	$0
RAY ARMINI	GENERAL MANAGER	50.00	Officer	$193,355	$4,196	$197,551
RICHARD BROOKS	GREENS SUPERIINTEDENT	50.00	Officer	$108,984	$6,525	$115,509
TONIA L VAUGHN	CHIEF FINANCIAL OFFICER	45.00	Officer	$118,205	$16,789	$134,994

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	$8,268,339	$6,685,460	$7,747,610	$1,582,879
2022	$7,667,675	$6,558,790	$6,226,501	$1,108,885
2021	$6,580,162	$5,673,591	$5,114,669	$906,571
2020	$6,607,136	$5,140,146	$4,006,741	$1,466,990
2019	$5,340,249	$5,283,635	$1,571,794	$56,614

STARMOUNT FOREST COUNTRY CLUB INC