OLD MARSH GOLF CLUB INC (EIN 592746012) - 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

1986

Legal Domicile

Principal Officer

Lisa Palumbo

Phone

5616267400

Tax Period

2023-01-01 to 2023-12-31

OLD MARSH GOLF CLUB INC, founded in 1986, is a community nonprofit in the Recreation & Sports sector that reported $8.3M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $9.7M exceeded revenue, resulting in a 17% operating deficit.

Mission

SOCIAL CLUB

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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 $6,778,132

Investment Income $264,255

Other Revenue $1,209,129

TOTAL REVENUE $8,251,516

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,250,015

Fundraising Expenses $0

Other Expenses $5,445,199

TOTAL EXPENSES $9,695,214

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,251,516	$7,353,084	+0.1%
Expenses	$9,695,214	$8,799,105	+0.1%
Net Income	$-1,443,698	$-1,446,021	0.0%

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

122

Volunteers

N/A

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

$343,570

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MENERY	GENERAL MANAGER	55.00	Officer	$336,373	$7,197	$343,570
SPENCER COX	SUPERINTENDENT	55.00	Highest	$193,085	$4,284	$197,369
JACQUELINE MOORE	CONTROLLER	40.00	Highest	$121,898	$5,534	$127,432
MICHAEL CIMBREC	EXECUTIVE CHEF	55.00	Highest	$117,511	$5,389	$122,900
BRIAN BOUSHIE	DIRECTOR OF GOLF	45.00	Highest	$113,104	$2,499	$115,603
JASON SEDAN	DIRECTOR OF INSTRUCTION	40.00	Highest	$105,117	$4,284	$109,401
MICHAEL LYDON	PRESIDENT	3.00	Officer Director	$0	$0	$0
LISA PALUMBO	VP/TREASURER	1.00	Officer Director	$0	$0	$0
RICHARD TAYLOR	SECRETARY	1.00	Officer Director	$0	$0	$0
PHILLIP SIEGEL	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES TRUNZ	DIRECTOR	1.00	Director	$0	$0	$0
JOHN METHFESSEL	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY SERRO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BRANIFF	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DUNFEE	DIRECTOR	1.00	Director	$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	No data	No data	No data	No data
2023	$8,251,516	$9,695,214	$34,899,252	$-1,443,698
2022	$7,353,084	$8,799,105	$33,563,255	$-1,446,021
2021	$6,715,214	$7,971,411	$32,229,136	$-1,256,197
2020	$6,622,268	$7,696,774	$30,526,683	$-1,074,506

OLD MARSH GOLF CLUB INC