COOSAWATTEE RIVER RESORT ASSOCIATION INC (EIN 581794768) - 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

1994

Legal Domicile

Principal Officer

RICHARD STONECIPHER

Phone

7062761062

Tax Period

2024-05-01 to 2025-04-30

COOSAWATTEE RIVER RESORT ASSOCIATION INC, founded in 1994, is a community nonprofit in the Housing & Shelter sector that reported $9.2M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $8.9M left a modest 4% surplus.

Mission

OPERATION OF PROPERTY OWNERS ASSOCIATION TO PROVIDE THE HIGHEST LEVEL OFSTEWARDSHIP OF ASSOCIATION ASSETS, MAINTAIN A QUALITY ENVIRONMENT ANDPROVIDE EFFICIENT AND COST EFFECTIVE SERVICES TO OUR PROPERTY OWNERS ANDGUESTS IN A FRIENDLY, ETHICAL AND PROFESSIONAL MANNER

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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 $9,017,839

Investment Income $115,882

Other Revenue $110,600

TOTAL REVENUE $9,244,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,091,419

Fundraising Expenses $0

Program Expenses $4,751,063

Other Expenses $6,777,147

TOTAL EXPENSES $8,868,566

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,244,321	$10,119,364	-0.1%
Expenses	$8,868,566	$8,376,896	+0.1%
Net Income	$375,755	$1,742,468	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY BENNETT	Director	4.00	Director	$0	$0	$0
LEAH GODFREY	Director	4.00	Director	$0	$0	$0
JEFF JACKMAN	Director	4.00	Director	$0	$0	$0
ROSS MACLAREN	Director	4.00	Director	$0	$0	$0
VITO MOLFETTO	Director	4.00	Director	$0	$0	$0
SHELAH MUSE	Director	4.00	Director	$0	$0	$0
RICHARD STONECIPHER	President	20.00	Officer Director	$0	$0	$0
BILL ELLIOTT	Vice President	20.00	Officer Director	$0	$0	$0
JORGE FERNANDEZ	Director	4.00	Director	$0	$0	$0
SUSAN DORR	Treasurer	20.00	Officer Director	$0	$0	$0
BOB HAZZARD	Secretary	20.00	Officer 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
2025	$9,244,321	$8,868,566	$12,806,142	$375,755
2024	$10,119,364	$8,376,896	$18,506,042	$1,742,468
2023	$8,224,552	$6,667,962	$18,658,433	$1,556,590
2022	$7,131,673	$6,023,407	$12,818,093	$1,108,266
2021	$7,039,816	$5,576,337	$12,422,312	$1,463,479
2020	$5,565,218	$5,259,212	$10,754,568	$306,006
2019	$6,413,051	$6,658,011	$10,175,374	$-244,960
2018	$6,047,750	$5,225,151	$9,983,779	$822,599

COOSAWATTEE RIVER RESORT ASSOCIATION INC