PELICAN'S NEST GOLF CLUB INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

WAYNE BAUMAN

Phone

2399472282

Tax Period

2024-04-01 to 2025-03-31

PELICAN'S NEST GOLF CLUB INC, founded in 1995, is a mid-sized nonprofit in the Recreation & Sports sector that reported $12.4M in total revenue in fiscal year 2024. Expenses of $14.9M exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE EXCEPTIONAL GOLF, DINING, AND SOCIAL EXPERIENCES FOR ITS MEMBERS AND GUESTS.

Program Service Accomplishments

Program 1

THE CLUB HAS TWO 18 HOLE GOLF COURSES. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 03/31/25 WAS APPROXIMATELY 59,758 OF WHICH APPROXIMATELY 8,043 ROUNDS WERE NON-MEMBER RELATED.

Program 2

TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR WAS $2,432,896 OF WHICH $160,535 WAS NON-MEMBER RELATED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,855,724

Investment Income $-172,654

Other Revenue $1,682,761

TOTAL REVENUE $12,365,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,740,851

Fundraising Expenses $0

Other Expenses $8,186,323

TOTAL EXPENSES $14,927,174

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,365,831	$11,814,782	+0.0%
Expenses	$14,927,174	$13,679,012	+0.1%
Net Income	$-2,561,343	$-1,864,230	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

138

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

$388,983

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE BAUMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE HAMILTON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM SAITZ	TREASURER	1.00	Officer Director	$0	$0	$0
NANCY LOOMIS	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL BIGFORD	DIRECTOR	1.00	Director	$0	$0	$0
SARA HADLEY	DIRECTOR	1.00	Director	$0	$0	$0
ALAN SHEETS	DIRECTOR	1.00	Director	$0	$0	$0
JUDY GREENBERG	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS BURKE	DIRECTOR	1.00	Director	$0	$0	$0
TIM MAURAIS	CONTROLLER	40.00	Officer	$211,699	$37,920	$249,619
STEVE MALVINNI	GM/COO (AS OF 6/26/2024)	40.00	Officer	$128,147	$11,217	$139,364
JASON ZIMMERMAN	DIRECTOR OF GREENS & GROUNDS	40.00	Highest	$224,810	$24,286	$249,096
KYAW HTET	DIRECTOR OF GOLF OPS	40.00	Highest	$218,779	$37,372	$256,151
JOE SZLACHETKA	EXECUTIVE CHEF (THROUGH 11/15/2024)	40.00	Highest	$147,082	$12,218	$159,300

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
2025	$12,365,831	$14,927,174	$46,757,696	$-2,561,343
2024	$11,814,782	$13,679,012	$40,560,342	$-1,864,230
2023	$10,366,785	$12,461,220	$38,184,146	$-2,094,435
2022	$10,579,269	$11,413,721	$34,019,545	$-834,452
2021	$9,211,918	$10,875,282	$31,357,222	$-1,663,364
2020	$4,080,978	$10,020,180	$30,306,854	$-5,939,202
2019	$8,405,316	$9,940,822	$26,799,423	$-1,535,506
2018	$8,447,407	$9,789,841	$26,445,229	$-1,342,434