WOODWARD GOLF & COUNTRY CLUB

EIN: 630231610

BESSEMER, AL

Total Revenue
$759,876
Total Expenses
$747,359
Total Assets
$589,870
Net Assets
$575,824
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
AL
Principal Officer
DAVID WALLS
Phone
2054280307
Tax Period
2023-01-01 to 2023-12-31

WOODWARD GOLF & COUNTRY CLUB, founded in 1933, is a small nonprofit that reported $551K in total revenue in fiscal year 2018. Revenue decreased 14% compared to the prior year. Expenses of $609K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE PROMOTION OF GOLF

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $25
Program Service Revenue $745,317
Investment Income $482
Other Revenue $14,052
TOTAL REVENUE $759,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $336,991
Fundraising Expenses $0
Program Expenses $747,359
Other Expenses $410,368
TOTAL EXPENSES $747,359

Year-over-Year Comparison

2023 2022 Change
Revenue $759,876 $648,456 +0.2%
Expenses $747,359 $725,826 +0.0%
Net Income $12,517 $-77,370 -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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Governance

Voting Members
5
Independent Members
5
Employees
26
Volunteers
5

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WALLS PRESIDENT 0.00
Officer Director
$0 $0 $0
PHIL ODEN VICE PRESIDENT 0.00
Director
$0 $0 $0
WAYNE PARKER SECRETARY/TREASURER 0.00
Director
$0 $0 $0
GREG KENNEDY BOARD MEMBER 0.00
Director
$0 $0 $0
REGINA DORIETY BOARD MEMBER 0.00
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 $759,876 $747,359 $589,870 $12,517
2022 $648,456 $725,826 $603,887 $-77,370
2021 $699,849 $664,991 $721,513 $34,858
2020 $749,790 $580,684 $699,474 $169,106
2019 $505,719 $632,994 $556,784 $-127,275
2018 $551,189 $609,360 $715,112 $-58,171
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