FORT LAUDERDALE COUNTRY CLUB INC (EIN 590811013) - 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

1926

Legal Domicile

Principal Officer

THOMAS MCDONALD

Phone

9545874700

Tax Period

2023-10-01 to 2024-09-30

FORT LAUDERDALE COUNTRY CLUB INC, founded in 1926, is a mid-sized nonprofit in the Recreation & Sports sector that reported $10.0M in total revenue in fiscal year 2023. Net assets of $20.8M represent 25 months of operating reserves.

Mission

TO BIND MEMBERS TOGETHER WITH 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 $8,650,563

Investment Income $276,345

Other Revenue $1,099,850

TOTAL REVENUE $10,026,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,685,399

Fundraising Expenses $0

Other Expenses $4,921,089

TOTAL EXPENSES $10,606,488

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,026,758	$9,845,128	+0.0%
Expenses	$10,606,488	$11,176,193	-0.1%
Net Income	$-579,730	$-1,331,065	-0.6%

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

157

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

$375,914

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS MCDONALD	PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVE DODICH	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
PAT DEMOS	SECRETARY	2.00	Officer Director	$0	$0	$0
CRISTIAN NIETO	TREASURER	2.00	Officer Director	$0	$0	$0
DENNIS GLUNT	DIRECTOR	2.00	Director	$0	$0	$0
PHIL MARINELLO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MICHON	DIRECTOR	2.00	Director	$0	$0	$0
FRANK YANOVER	DIRECTOR	2.00	Director	$0	$0	$0
TOM WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
RICH MONTALVO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL COFER	GENERAL MANAGER	40.00	Officer	$206,820	$14,751	$221,571
EDUARDO ALVAREZ	CHIEF FINANCIAL OFFICER	40.00	Officer	$149,428	$4,915	$154,343
KENNETH TATE	DIRECTOR OF GOLF	40.00	Highest	$121,134	$12,940	$134,074
KRISTINA ROJAS	DIRECTOR OF MEMBERSHIP	40.00	Highest	$226,995	$16,821	$243,816
JOSEPH GAMLIN	FOOD AND BEVERAGE DIRECTOR	40.00	Highest	$119,437	$16,746	$136,183
KENNETH INGRAM	GOLF COURSE SUPERINTENDENT	40.00	Highest	$138,519	$11,819	$150,338

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	$10,026,758	$10,606,488	$25,673,333	$-579,730
2023	$9,845,128	$11,176,193	$17,315,473	$-1,331,065
2022	$8,405,034	$8,977,918	$14,101,068	$-572,884
2021	$7,136,526	$7,953,343	$12,707,790	$-816,817
2020	$6,780,709	$7,556,854	$12,320,397	$-776,145
2019	$5,892,091	$6,897,580	$12,484,224	$-1,005,489
2018	$7,151,898	$7,457,602	$8,912,904	$-305,704

FORT LAUDERDALE COUNTRY CLUB INC