PIEDMONT CLUB (EIN 570226427) - 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

1941

Legal Domicile

Principal Officer

PETER M GRZAN

Phone

8645821840

Tax Period

2024-01-01 to 2024-12-31

PIEDMONT CLUB, founded in 1941, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2024.

Mission

TO PROVIDE FOR AND PROMOTE SOCIAL FELLOWSHIP 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 $0

Program Service Revenue $4,599,820

Investment Income $38,454

Other Revenue $0

TOTAL REVENUE $4,638,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,517,307

Fundraising Expenses $0

Other Expenses $2,125,378

TOTAL EXPENSES $4,642,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,638,274	$4,463,443	+0.0%
Expenses	$4,642,685	$4,413,985	+0.1%
Net Income	$-4,411	$49,458	-1.1%

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

123

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

$192,341

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGERS BRANDT SETTLE	PRESIDENT	1.00	Officer Director	$0	$0	$0
V C BAILEY IV	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDREW M BABB	BOARD MEMBER	1.00	Director	$0	$0	$0
VC BAILEY III	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN E BAUKNIGHT IV	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID M BEACHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
LOUIE W BLANTON	BOARD MEMBER	1.00	Director	$0	$0	$0
J GRIER BOMAR	BOARD MEMBER	1.00	Director	$0	$0	$0
L GRANT CLOSE III	BOARD MEMBER	1.00	Director	$0	$0	$0
J DERHAM COLE JR	BOARD MEMBER	1.00	Director	$0	$0	$0
FREDERICK B DENT JR	BOARD MEMBER	1.00	Director	$0	$0	$0
T ALEXANDER EVINS	BOARD MEMBER	1.00	Director	$0	$0	$0
W RUSSEL FLOYD JR	BOARD MEMBER	1.00	Director	$0	$0	$0
H LAURENCE FRITZ JR	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIANNA B HABISREUTINGER	BOARD MEMBER	1.00	Director	$0	$0	$0
R SCOTT HEATH	BOARD MEMBER	1.00	Director	$0	$0	$0
CINDY J KELLY	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE EDWARD MOSELEY	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN R MURPHY	BOARD MEMBER	1.00	Director	$0	$0	$0
G GARRETT SCOTT	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES W SEELEY	BOARD MEMBER	1.00	Director	$0	$0	$0
EMERSON FORT WOLFE JR	BOARD MEMBER	1.00	Director	$0	$0	$0
RONALD M FIELDS JR	SECRETARY/TREASURER	2.00	Officer	$10,500	$0	$10,500
PETER M GRZAN	GENERAL MGR/COO	45.00	Officer	$171,372	$10,469	$181,841

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	$4,638,274	$4,642,685	$9,772,819	$-4,411
2023	$4,463,443	$4,413,985	$9,524,424	$49,458
2022	$4,058,186	$4,014,968	$9,283,039	$43,218
2021	$3,640,470	$3,070,801	$9,645,437	$569,669
2020	$3,002,897	$3,294,873	$9,196,460	$-291,976
2019	$3,974,024	$4,055,429	$9,676,122	$-81,405
2018	$3,723,274	$3,732,995	$9,105,977	$-9,721

PIEDMONT CLUB