FOREST HEIGHTS COUNTRY CLUB (EIN 580522334) - 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

1947

Legal Domicile

Principal Officer

CHAD AVRET

Phone

9127649817

Tax Period

2023-01-01 to 2023-12-31

FOREST HEIGHTS COUNTRY CLUB, founded in 1947, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.9M left a modest 13% surplus.

Mission

THE ORGANIZATION WAS ESTABLISHED AS A PRIVATE CLUB FOR THE PURPOSE OF OFFERING ITS MEMBERS SOCIAL ENTERTAINMENT AND LEISURE ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,951,301

Program Service Revenue $800,922

Investment Income $-5,409

Other Revenue $637,991

TOTAL REVENUE $3,384,805

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,640,352

Fundraising Expenses $0

Program Expenses $2,940,334

Other Expenses $1,299,982

TOTAL EXPENSES $2,940,334

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,384,805	$3,047,078	+0.1%
Expenses	$2,940,334	$2,462,929	+0.2%
Net Income	$444,471	$584,149	-0.2%

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

180

Independent Members

180

Employees

126

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
CHAD AVRET	PRESIDENT	2.00	Officer	$0	$0	$0
RIC RODERICK	VICE PRESIDE	2.00	Officer	$0	$0	$0
JOEY MAXWELL	CHAIRMAN	2.00	Officer	$0	$0	$0
GARY JOHNSON	TREASURER	2.00	Officer	$0	$0	$0
LAURA LANIER	SECRETARY	2.00	Officer	$0	$0	$0
MICHELLE DAVIS	DIRECTOR	1.00	Officer	$0	$0	$0
RETT POLK	DIRECTOR	1.00	Officer	$0	$0	$0
LAUREN ROSS	DIRECTOR	1.00	Officer	$0	$0	$0
ALEX MCGHEE	DIRECTOR	1.00	Officer	$0	$0	$0
ALAN WOODRUM	DIRECTOR	1.00	Officer	$0	$0	$0
MITCHELL HILL	DIRECTOR	1.00	Officer	$0	$0	$0
THELMA KILPATRICK	DIRECTOR	1.00	Officer	$0	$0	$0
CLAUDE THORNE	COO	40.00	Highest	$125,000	$0	$125,000

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	No data	No data	No data	No data
2023	$3,384,805	$2,940,334	$4,419,926	$444,471
2022	$3,047,078	$2,462,929	$4,099,894	$584,149
2021	$2,536,357	$2,280,197	$3,801,387	$256,160
2020	$1,991,192	$1,819,472	$3,418,849	$171,720
2019	$2,011,395	$1,896,650	$3,226,777	$114,745
2018	$2,458,957	$1,862,432	$3,159,468	$596,525

FOREST HEIGHTS COUNTRY CLUB