DELRAY DUNES GOLF AND COUNTRY CLUB INC (EIN 591262000) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

THOMAS GLANFIELD

Phone

5617321600

Tax Period

2023-11-01 to 2024-10-31

DELRAY DUNES GOLF AND COUNTRY CLUB INC, founded in 1968, is a community nonprofit that reported $7.3M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $10.7M exceeded revenue, resulting in a 48% operating deficit.

Mission

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

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,873,302

Investment Income $-1,914,451

Other Revenue $1,301,671

TOTAL REVENUE $7,260,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,373,245

Fundraising Expenses $0

Other Expenses $4,372,681

TOTAL EXPENSES $10,745,926

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,260,522	$9,381,019	-0.2%
Expenses	$10,745,926	$9,647,869	+0.1%
Net Income	$-3,485,404	$-266,850	+12.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

131

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

$539,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM GLANFIELD	PRESIDENT	3.00	Officer Director	$0	$0	$0
SUSAN MAKOS	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
WALTER MOODIE	VICE PRESIDENT/TREASURER	3.00	Officer Director	$0	$0	$0
MARY JO ANDERSON	SECRETARY	3.00	Officer Director	$0	$0	$0
JOHN ADAMOVICH	GOVERNOR	3.00	Director	$0	$0	$0
RICHARD ECONOMOU	GOVERNOR	3.00	Director	$0	$0	$0
RICK POWELL	GOVERNOR	3.00	Director	$0	$0	$0
STEVE MISKEW	GOVERNOR	3.00	Director	$0	$0	$0
VIRGINIA ROHR	GOVERNOR	3.00	Director	$0	$0	$0
PAGE WIGGINS	GOVERNOR	3.00	Director	$0	$0	$0
ROBIN SHINE	GOVERNOR	3.00	Director	$0	$0	$0
TERRY HAMILTON	GOVERNOR	3.00	Director	$0	$0	$0
THOMAS JORDAN	GENERAL MANAGER	60.00	Officer	$334,439	$30,406	$364,845
KATHLEEN MCLEOD	CONTROLLER	45.00	Officer	$135,654	$38,601	$174,255
MICHAEL NADEAU	ASSISTANT GENERAL MANAGER	60.00	Highest	$170,514	$33,487	$204,001
DOMINIC LAUDIA	EXECUTIVE CHEF	60.00	Highest	$180,731	$28,171	$208,902
ERIC SCHILLINGER	DIRECTOR OF GOLF	60.00	Highest	$127,632	$27,582	$155,214
DAVID TANDY	GOLF COURSE SUPERINTENDENT	60.00	Highest	$217,515	$49,942	$267,457

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	$7,260,522	$10,745,926	$23,973,686	$-3,485,404
2023	$9,381,019	$9,647,869	$24,080,990	$-266,850
2022	$8,000,506	$8,715,528	$16,493,912	$-715,022
2021	$7,453,399	$7,708,003	$15,643,386	$-254,604
2020	$7,997,035	$7,297,472	$14,103,041	$699,563
2019	$6,276,781	$7,291,648	$12,667,455	$-1,014,867
2018	$5,855,811	$7,019,203	$13,221,143	$-1,163,392

DELRAY DUNES GOLF AND COUNTRY CLUB INC