STONEBRIDGE GOLF & COUNTRY CLUB OF BOCA RATON INC (EIN 592539217) - 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

1985

Legal Domicile

Principal Officer

JONAS STEINBERG

Phone

5614880800

Tax Period

2023-11-01 to 2024-10-31

STONEBRIDGE GOLF & COUNTRY CLUB OF BOCA RATON INC, founded in 1985, is a mid-sized nonprofit in the Recreation & Sports sector that reported $11.0M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $14.6M exceeded revenue, resulting in a 32% 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 $11,131,610

Investment Income $-1,726,939

Other Revenue $1,635,535

TOTAL REVENUE $11,040,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,457,780

Fundraising Expenses $0

Other Expenses $7,170,015

TOTAL EXPENSES $14,627,795

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,040,206	$12,003,985	-0.1%
Expenses	$14,627,795	$13,620,568	+0.1%
Net Income	$-3,587,589	$-1,616,583	+1.2%

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

177

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

$765,678

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES COLUCCI	PRESIDENT	2.50	Officer Director	$0	$0	$0
BART PRICE	TREASURER	2.50	Officer Director	$0	$0	$0
LESLIE GREENBERG	VICE PRESIDENT	2.50	Officer Director	$0	$0	$0
JEFFREY SCHAEFFER	SECRETARY	2.50	Officer Director	$0	$0	$0
ANTHONY CIOFFI	GOVERNOR	2.50	Officer Director	$0	$0	$0
JEAN FRANKEL	GOVERNOR	2.50	Director	$0	$0	$0
MARTIN GENE	GOVERNOR	2.50	Director	$0	$0	$0
HENRY LAFFER	GOVERNOR	2.50	Director	$0	$0	$0
HENRY PULLMAN	GOVERNOR	2.50	Director	$0	$0	$0
JOEY REDMAN	MANAGING DIRECTOR OF FINANCE (AS OF 9/16/24)	50.00	Officer	$0	$0	$0
JOHN IANNOTTI	GENERAL MANAGER	50.00	Officer	$751,794	$13,884	$765,678
JEFF HALL	MANAGING DIRECTOR OF SPORTS, OPERATIONS	50.00	Highest	$154,582	$8,034	$162,616
JAVIER LAURIE	MANAGING DIRECTOR OF FOOD & BEVERAGE OPS	50.00	Highest	$168,703	$3,264	$171,967
FRED OTT	CLUBHOUSE MANAGER	50.00	Highest	$124,395	$2,259	$126,654
JILL SHEAHAN	DIRECTOR OF RAQUETS SPORTS	50.00	Highest	$123,253	$6,955	$130,208
ROBERT JACKS	GOLF COURSE SUPERINTENDANT	50.00	Highest	$139,257	$0	$139,257

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	$11,040,206	$14,627,795	$23,928,689	$-3,587,589
2023	$12,003,985	$13,620,568	$26,180,400	$-1,616,583
2022	$11,622,638	$12,280,235	$24,046,020	$-657,597
2021	$10,508,959	$11,398,641	$22,885,410	$-889,682
2020	$9,527,773	$11,306,623	$21,289,718	$-1,778,850
2019	$11,396,872	$11,766,061	$21,478,045	$-369,189
2018	$10,942,548	$11,110,006	$20,926,076	$-167,458

STONEBRIDGE GOLF & COUNTRY CLUB OF BOCA RATON INC