THE GREENWOOD COUNTRY CLUB

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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

1919

Legal Domicile

Principal Officer

RANDY TACKETT

Phone

6624533520

Tax Period

2025-02-01 to 2026-01-31

THE GREENWOOD COUNTRY CLUB, founded in 1919, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2025. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 10% surplus.

Mission

TO PROVIDE RECREATIONAL ACTIVITIES FOR MEMEBER AND THEIR FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $964,692

OPERATION OF GOLF, TENNIS, AND SWIMMING FACITLITIES FOR APPROXIMATELY 265 MEMBERS AND THEIR FAMILIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $241,431

Program Service Revenue $1,373,591

Investment Income $0

Other Revenue $-43,871

TOTAL REVENUE $1,571,151

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $964,692

Other Expenses $1,409,812

TOTAL EXPENSES $1,409,812

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,571,151	$1,285,777	+0.2%
Expenses	$1,409,812	$1,324,761	+0.1%
Net Income	$161,339	$-38,984	-5.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDY TACKETT	PRESIDENT	N/A	Officer	$0	$0	$0
BILL THORNBURG	VICE PRESIDE	N/A	Officer	$0	$0	$0
COURTNEY KIMMEL	SECRETARY	N/A	Officer	$0	$0	$0
BUCK SPRUILL	DIRECTOR	N/A	Director	$0	$0	$0
JOSH FAIR	DIRECTOR	N/A	Director	$0	$0	$0
ALAN ELLIS	DIRECTOR	N/A	Director	$0	$0	$0
MARY NEFF STEWART	DIRECTOR	N/A	Director	$0	$0	$0
WADE HENDERSON	DIRECTOR	N/A	Director	$0	$0	$0
CHAD MATTOX	DIRECTOR	N/A	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
2026	$1,571,151	$1,409,812	$4,630,339	$161,339
2025	$1,285,777	$1,324,761	$4,455,847	$-38,984
2024	$1,234,207	$1,339,908	$4,504,327	$-105,701
2023	$1,211,041	$1,247,410	$4,669,694	$-36,369
2022	$1,205,787	$1,076,765	$4,567,643	$129,022
2021	$1,079,269	$1,037,908	$4,402,919	$41,361
2020	$943,068	$1,001,674	$4,307,033	$-58,606
2019	$940,243	$937,889	$4,158,591	$2,354