OAKS CLUB CORPORATION (EIN 592369514) - 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

1984

Legal Domicile

Principal Officer

HOLLY FARRELL

Phone

9419662161

Tax Period

2024-01-01 to 2024-09-30

OAKS CLUB CORPORATION, founded in 1984, is a mid-sized nonprofit in the Recreation & Sports sector that reported $16.0M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $15.1M left a modest 6% surplus.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE AND MAINTAIN A CLUB WHICH AFFORDS WORLD-CLASS GOLF, TENNIS, SOCIAL FACILITIES AND ACTIVITIES FOR THE BENEFIT AND USE OF ITS MEMBERS AND GUESTS.

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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 $11,378,725

Investment Income $63,917

Other Revenue $4,556,574

TOTAL REVENUE $15,999,216

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,425,108

Fundraising Expenses $0

Other Expenses $8,654,989

TOTAL EXPENSES $15,080,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,999,216	$19,378,556	-0.2%
Expenses	$15,080,097	$19,016,209	-0.2%
Net Income	$919,119	$362,347	+1.5%

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

N/A

Volunteers

100

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
KAREN ORR	BOARD MEMBER (THROUGH 3/24)/PRESIDENT (AS OF 4/24)	6.50	Officer Director	$0	$0	$0
JOSEPH HENRY	BOARD MEMBER (THROUGH 3/24)/VICE PRESIDENT (AS OF	6.50	Officer Director	$0	$0	$0
WENDY LAHOOD	BOARD MEMBER (THROUGH 3/24)/SECRETARY (AS OF 4/24)	6.50	Officer Director	$0	$0	$0
STEPHEN BLOWERS	TREASURER	6.50	Officer Director	$0	$0	$0
LOU RICHARDSON-RHYNE	PRESIDENT (THROUGH 3/24)	6.50	Officer Director	$0	$0	$0
KENNETH FISCHL	SECRETARY (THROUGH 3/24)	6.50	Officer Director	$0	$0	$0
ERIC SMITH	VICE PRESIDENT (THROUGH 3/24)/BOARD MEMBER (AS OF	6.50	Officer Director	$0	$0	$0
JAMES SAPPINGTON	BOARD MEMBER	6.50	Director	$0	$0	$0
DONALD GRIMES	BOARD MEMBER (AS OF 4/24)	6.50	Director	$0	$0	$0
PAUL SCHACHTER	BOARD MEMBER (THROUGH 3/24)	6.50	Director	$0	$0	$0
MICHAEL HAGAN	BOARD MEMBER (AS OF 4/24)	6.50	Director	$0	$0	$0
JAMES ROONEY	BOARD MEMBER (AS OF 4/24)	6.50	Director	$0	$0	$0
BRUCE ZAHN	GM/COO (THROUGH 9/15)	40.00	Officer	$0	$0	$0
HOLLY FARRELL	ASSISTANT GM (THROUGH 9/15)/GM/COO (AS OF 9/15)	40.00	Officer	$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
2024	$15,999,216	$15,080,097	$54,491,370	$919,119
2023	$19,378,556	$19,016,209	$46,239,717	$362,347
2022	$18,355,537	$17,247,625	$43,704,990	$1,107,912
2021	$16,079,534	$14,917,841	$41,379,362	$1,161,693
2020	$13,990,337	$13,641,682	$37,573,779	$348,655
2019	$14,135,796	$14,608,726	$36,489,419	$-472,930
2018	$14,171,555	$13,924,301	$37,351,954	$247,254
2018	$14,171,555	$13,924,301	$37,351,954	$247,254

OAKS CLUB CORPORATION