THE GOOD FELLOWS CLUB INC (EIN 566047625) - 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

1935

Legal Domicile

Phone

7043741108

Tax Period

2024-01-01 to 2024-12-31

THE GOOD FELLOWS CLUB INC, founded in 1935, is a community nonprofit in the Recreation & Sports sector that reported $2.1M in total revenue in fiscal year 2024.

Mission

PROVIDES EMERGENCY FINANCIAL ASSISTANCE TO FAMILIES IN CHARLOTTE, NC AND SURROUNDING AREAS.

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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 $2,103,800

Program Service Revenue $0

Investment Income $36,524

Other Revenue $0

TOTAL REVENUE $2,140,324

Expense Breakdown

Grants Paid $1,827,349

Salaries & Benefits $152,224

Fundraising Expenses $0

Program Expenses $2,043,138

Other Expenses $100,283

TOTAL EXPENSES $2,079,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,140,324	$1,982,864	+0.1%
Expenses	$2,079,856	$2,201,645	-0.1%
Net Income	$60,468	$-218,781	-1.3%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frank Emory	Vice Chairman	2.0	Officer Director	$0	$0	$0
Graeme Keith III	Vice Chairman	2.0	Officer Director	$0	$0	$0
Heath Campbell	Treasurer	2.0	Officer Director	$0	$0	$0
Jubal Early	Sponsorships	2.0	Officer Director	$0	$0	$0
Peter Pappas	Chairman	10.0	Officer Director	$0	$0	$0
Stick Williams	Vice Chairman	2.0	Officer Director	$0	$0	$0
Todd Collins	Vice Chairman	2.0	Officer Director	$0	$0	$0
Adam Currie	Board Member	1.0	Director	$0	$0	$0
Byron Burns	Board Member	1.0	Director	$0	$0	$0
Charles Bowman	Board Member	1.0	Director	$0	$0	$0
David Dooley	Board Member	1.0	Director	$0	$0	$0
Derick Close	Board Member	1.0	Director	$0	$0	$0
Ed McMahan Jr	Board Member	1.0	Director	$0	$0	$0
Frank Dowd	Board Member	1.0	Director	$0	$0	$0
Frank Harrison	Board Member	1.0	Director	$0	$0	$0
Geoff Gray	Board Member	1.0	Director	$0	$0	$0
George Dewey	Board Member	1.0	Director	$0	$0	$0
Greg Johnson	Board Member	1.0	Director	$0	$0	$0
John Petrone	Board Member	1.0	Director	$0	$0	$0
Jonathan Ishee	Board Member	1.0	Director	$0	$0	$0
Ken Haynes	Board Member	1.0	Director	$0	$0	$0
Kevin Bailey	Board Member	1.0	Director	$0	$0	$0
Larry Shaheen	Board Member	1.0	Director	$0	$0	$0
Mark Reed	Board Member	1.0	Director	$0	$0	$0
Mike Rucker	Board Member	1.0	Director	$0	$0	$0
Robert Edwards	Board Member	1.0	Director	$0	$0	$0
Sam Bowles	Board Member	1.0	Director	$0	$0	$0
Tim Belk	Board Member	1.0	Director	$0	$0	$0
Tom Nelson	Board Member	1.0	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	$2,140,324	$2,079,856	$2,459,967	$60,468
2023	$1,982,864	$2,201,645	$2,396,640	$-218,781
2022	$1,685,406	$1,473,735	$2,538,446	$211,671
2021	$1,756,075	$1,592,581	$2,326,775	$163,494
2020	$1,365,462	$1,290,816	$2,163,281	$74,646
2019	$1,161,366	$941,789	$2,088,635	$219,577
2018	$1,157,032	$1,014,004	$1,869,058	$143,028

THE GOOD FELLOWS CLUB INC