GOLFCREST 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

1927

Legal Domicile

Principal Officer

KENNETH HUEWITT

Phone

2814854323

Tax Period

2024-01-01 to 2024-12-31

GOLFCREST COUNTRY CLUB, founded in 1927, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $722K, a strong 59% operating margin.

Mission

GOLFCREST COUNTRY CLUB'S MISSION IS TO PROMOTE AND ENCOURAGE OUTDOOR LIFE, HEALTHFUL SPORTS, AMUSEMENTS, AND SOCIAL ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $511,074

CHAMPIONSHIP GOLF, TENNIS, AND SWIMMING

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,232,500

Program Service Revenue $0

Investment Income $1,071

Other Revenue $0

TOTAL REVENUE $1,233,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $511,074

Other Expenses $511,074

TOTAL EXPENSES $511,074

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,233,571	$1,037,657	+0.2%
Expenses	$511,074	$824,588	-0.4%
Net Income	$722,497	$213,069	+2.4%

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

N/A

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
KEN HUEWITT	PRESIDENT	10.00	Officer Director	$0	$0	$0
CHARLEY KINSEY	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
DEBORAH BROWN	SECRETARY	5.00	Officer Director	$0	$0	$0
JEFF SLIWINSKI	TREASURER	5.00	Officer Director	$0	$0	$0
DAVID LAUBACHER	DIRECTOR	5.00	Director	$0	$0	$0
HUBERT BUFFALO	DIRECTOR	5.00	Director	$0	$0	$0
TOMMY ECHOLS	DIRECTOR	5.00	Director	$0	$0	$0
MIKE HALATA	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN ROBLYER	DIRECTOR	5.00	Director	$0	$0	$0
JOE UNDERWOOD	DIRECTOR	5.00	Director	$0	$0	$0
ANTHONY WILLIAMS	DIRECTOR	5.00	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	$1,233,571	$511,074	$6,710,961	$722,497
2023	$1,037,657	$824,588	$6,089,435	$213,069
2022	$1,418,145	$586,985	$4,458,902	$831,160
2021	$708,045	$379,299	$3,338,620	$328,746
2020	$667,171	$425,876	$3,067,299	$241,295
2019	$719,425	$485,752	$3,178,520	$233,673
2018	$711,785	$475,270	$2,997,277	$236,515