VERO BEACH COUNTRY CLUB INC (EIN 590687396) - 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

1968

Legal Domicile

Principal Officer

BILL LYNCH

Phone

7725673320

Tax Period

2023-11-01 to 2024-10-31

VERO BEACH COUNTRY CLUB INC, founded in 1968, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2023. Expenses of $8.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.

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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 $0

Program Service Revenue $5,479,072

Investment Income $83,073

Other Revenue $1,382,740

TOTAL REVENUE $6,944,885

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,440,075

Fundraising Expenses $0

Other Expenses $3,681,445

TOTAL EXPENSES $8,121,520

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,944,885	$6,716,344	+0.0%
Expenses	$8,121,520	$7,512,069	+0.1%
Net Income	$-1,176,635	$-795,725	+0.5%

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

150

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

$382,117

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL LYNCH	PRESIDENT	10.00	Officer Director	$0	$0	$0
JIMMY ANSELL	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
PRISCILLA HAMMOND	TREASURER	10.00	Officer Director	$0	$0	$0
L NICHOLAS GEESLIN	SECRETARY	10.00	Officer Director	$0	$0	$0
MARY WRIGHT	DIRECTOR	5.00	Director	$0	$0	$0
RON SMALL	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT BIRD	DIRECTOR	5.00	Director	$0	$0	$0
ANTHONY MITCHELL	DIRECTOR	5.00	Director	$0	$0	$0
SANDY STREETMAN	DIRECTOR	5.00	Director	$0	$0	$0
STEPHEN HUSTEAD	DIRECTOR	5.00	Director	$0	$0	$0
DANE ULLIAN	DIRECTOR	5.00	Director	$0	$0	$0
TIMOTHY STRALEY	CEO/GM	40.00	Officer	$186,683	$37,385	$224,068
JUDY FOLCK	CONTROLLER	40.00	Officer	$131,052	$26,997	$158,049
RANDY HEDGECOCK	GOLF PROFESSIONAL	40.00	Highest	$137,081	$10,465	$147,546
BRUCE MEIER	EXECUTIVE CHEF	40.00	Highest	$146,653	$29,968	$176,621

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	$6,944,885	$8,121,520	$12,348,382	$-1,176,635
2023	$6,716,344	$7,512,069	$12,047,700	$-795,725
2022	$6,404,218	$7,136,265	$11,406,849	$-732,047
2021	$6,157,205	$6,536,676	$11,628,881	$-379,471
2020	$6,234,858	$5,439,605	$11,276,102	$795,253
2019	$5,915,343	$5,620,765	$8,886,607	$294,578
2018	$5,720,023	$5,590,293	$9,272,332	$129,730

VERO BEACH COUNTRY CLUB INC