STRING & SPLINTER CLUB THE CITY CLUB OF HIGH POINT INC (EIN 566015164) - 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

1956

Legal Domicile

Principal Officer

COLIN MERRITT

Phone

3368828191

Tax Period

2024-01-01 to 2024-12-31

STRING & SPLINTER CLUB THE CITY CLUB OF HIGH POINT INC, founded in 1956, is a small nonprofit that reported $626K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO PROVIDE A SOCIAL CLUB FOR 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 (2024)

Revenue Breakdown

Contributions & Grants $271,691

Program Service Revenue $0

Investment Income $436

Other Revenue $353,434

TOTAL REVENUE $625,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $448,221

Fundraising Expenses $0

Program Expenses $648,946

Other Expenses $200,725

TOTAL EXPENSES $648,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$625,561	$662,100	-0.1%
Expenses	$648,946	$689,298	-0.1%
Net Income	$-23,385	$-27,198	-0.1%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COLIN MERRITT	Treasurer	0.00	Officer Director	$0	$0	$0
SHELBY LLOYD	Secretary	0.00	Officer Director	$0	$0	$0
SHERI SIMON	BOARD MEMBER	0.00	Director	$0	$0	$0
DICK COTTAM	BOARD MEMBER	0.00	Director	$0	$0	$0
BEN ADAMS	President	0.00	Officer Director	$0	$0	$0
MARK FURR	Vice President	0.00	Officer Director	$0	$0	$0
JOEY HILL	BOARD MEMBER	0.00	Director	$0	$0	$0
JULIE MESSNER	BOARD MEMBER	0.00	Director	$0	$0	$0
KEN SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY DRUMMOND	BOARD MEMBER	0.00	Director	$0	$0	$0
NED COVINGTON	BOARD MEMBER	0.00	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	$625,561	$648,946	$424,732	$-23,385
2023	$662,100	$689,298	$488,062	$-27,198
2022	$692,372	$698,792	$609,227	$-6,420
2021	$802,426	$528,267	$620,317	$274,159
2020	$619,020	$539,525	$333,830	$79,495
2019	$1,015,005	$1,050,688	$316,312	$-35,683

STRING & SPLINTER CLUB THE CITY CLUB OF HIGH POINT INC