GREENVILLE COUNTRY CLUB

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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

1895

Legal Domicile

Principal Officer

JEFF POWELL

Phone

8642364245

Tax Period

2025-01-01 to 2025-12-31

GREENVILLE COUNTRY CLUB, founded in 1895, is a mid-sized nonprofit that reported $23.0M in total revenue in fiscal year 2025. Expenses of $20.6M left a modest 11% surplus.

Mission

WITH A RICH SOUTHERN HERITAGE THE GREENVILLE COUNTRY CLUB WILL PROVIDE MEMBERS THEIR FAMILIES AND GUESTS WITH EXCEPTIONAL ATHLETIC SOCIAL DINING AND RECREATIONAL SERVICES AND FACILITIES MANAGED BY AN EXPERT AND WELL-TRAINED STAFF IN A MANNER CONSISTENT WITH SOUND FISCAL PRINCIPLES.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

THE GREENVILLE COUNTRY CLUB PROVIDED MEMBERS THEIR FAMILIES AND GUESTS WITH EXCEPTIONAL ATHLETIC SOCIAL DINING AND RECREATIONAL SERVICES AND FACILITIES MANAGED BY AN EXPERT AND WELL-TRAINED STAFF IN...

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $22,830,515

Investment Income $203,995

Other Revenue $0

TOTAL REVENUE $23,034,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,432,998

Fundraising Expenses $0

Program Expenses $0

Other Expenses $10,140,454

TOTAL EXPENSES $20,573,452

Year-over-Year Comparison

	2025	2024	Change
Revenue	$23,034,510	$21,942,131	+0.0%
Expenses	$20,573,452	$20,913,432	0.0%
Net Income	$2,461,058	$1,028,699	+1.4%

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

323

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
Beth McMillan	Board Member	1.00	Director	$0	$0	$0
Erik Busby	Board Member	1.00	Director	$0	$0	$0
Glenn Lister	Board Member	1.00	Director	$0	$0	$0
Howard Einstein	Past President	1.00	Officer Director	$0	$0	$0
Clay Mardre	Board Member	1.00	Director	$0	$0	$0
Jeff Powell	Vice President	1.00	Officer Director	$0	$0	$0
Tom Stephenson	Secretary	1.00	Officer Director	$0	$0	$0
Keith Miller	Board Member	1.00	Director	$0	$0	$0
Matthew Madden	Treasurer	1.00	Officer Director	$0	$0	$0
Michael Fletcher	President	1.00	Officer Director	$0	$0	$0
Patrick Jopling	Board Member	1.00	Director	$0	$0	$0
Rob Powell	Board Member	1.00	Director	$0	$0	$0
Roger Varin	Board Member	1.00	Director	$0	$0	$0
Walt Tollison	Board Member	1.00	Director	$0	$0	$0
Gary Lanneau	General Manager COO Start 3 1 24	40.00	Highest	$390,078	$58,971	$449,049
Angela Dickerson	HR Director	40.00	Highest	$179,179	$16,905	$196,084
Dustin Kennedy	Director of Finance	40.00	Highest	$184,068	$14,487	$198,555
Craig Harris	Director of Agronomy	40.00	Highest	$194,285	$15,219	$209,504
Robb Thompson	Director of Tennis	40.00	Highest	$188,308	$14,139	$202,447

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
2025	$23,034,510	$20,573,452	$49,376,695	$2,461,058
2024	$21,942,131	$20,913,432	$38,989,871	$1,028,699
2023	$21,481,866	$19,832,360	$37,703,026	$1,649,506
2022	$17,958,837	$17,568,686	$34,951,712	$390,151
2021	$16,712,012	$14,709,501	$30,935,703	$2,002,511
2020	$14,424,814	$13,743,208	$27,884,544	$681,606
2019	$15,615,471	$15,347,510	$28,036,589	$267,961
2018	$15,285,247	$14,341,013	$28,900,132	$944,234