COLUMBUS CLUB OF DURHAM INC

EIN: 566064037

BOLIVIA, NC

Total Revenue
$946,171
Total Expenses
$227,201
Total Assets
N/A
Net Assets
N/A
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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
1959
Legal Domicile
NC
Principal Officer
TERRY KEARNEY
Phone
7046220652
Tax Period
2023-01-01 to 2023-12-31

COLUMBUS CLUB OF DURHAM INC, founded in 1959, is a small nonprofit that reported $946K in total revenue in fiscal year 2023. The organization ran a surplus of $719K, a strong 76% operating margin.

Mission

PROVIDE A PLACE FOR MEMBERS TO MEET AND ENJOY A MULTIUSE PROPERTY INCLUDING OUTDOOR WALKING TRAILS, COVERED PICNIC AREAS, OUTDOOR KITCHEN, AND A POND WHERE THEY CAN FISH OR SWIM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,760
Program Service Revenue $0
Investment Income $941,411
Other Revenue $1,000
TOTAL REVENUE $946,171

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,911
Other Expenses $227,201
TOTAL EXPENSES $227,201

Year-over-Year Comparison

2023 2022 Change
Revenue $946,171 N/A N/A
Expenses $227,201 N/A N/A
Net Income $718,970 $0 N/A
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
5
Independent Members
5
Employees
N/A
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL VAN PELT PRESIDENT 1.00
Officer Director
$0 $0 $0
TERRY KEARNEY TREASURER 1.00
Officer Director
$0 $0 $0
FRANCINE CLARK SECRETARY 1.00
Officer Director
$0 $0 $0
LORI KEARNEY DIRECTOR 0.50
Director
$0 $0 $0
JOHN PENDERGRASS DIRECTOR 0.50
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
2023 $946,171 $227,201 No data $718,970
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