Hobo Lake Club Incorporated (EIN 742101530) - 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

1980

Legal Domicile

Phone

2102253053

Tax Period

2024-01-01 to 2024-12-31

Hobo Lake Club Incorporated, founded in 1980, is a small nonprofit that reported $323K in total revenue in fiscal year 2024. Net assets of $2.2M represent 81 months of operating reserves.

Mission

RECREATION FACILITY FOR MEMBERS.

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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 $242,200

Program Service Revenue $66,615

Investment Income $14,429

Other Revenue $132

TOTAL REVENUE $323,376

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,176

Fundraising Expenses $0

Program Expenses $0

Other Expenses $204,770

TOTAL EXPENSES $331,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$323,376	$310,346	+0.0%
Expenses	$331,946	$342,066	0.0%
Net Income	$-8,570	$-31,720	-0.7%

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

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

$32,950

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adam B Hixon	Vice President/Secretary	5.0	Officer Director	$0	$0	$0
George S Hixon	President	5.0	Officer Director	$0	$0	$0
Hunter A Turpin	Vice President	5.0	Officer Director	$0	$0	$0
Joseph H Whitney	Vice President	5.0	Officer Director	$0	$0	$0
Ryan P Hixon	Vice President	5.0	Officer Director	$0	$0	$0
Tiffany Foster	Vice President	5.0	Officer Director	$0	$0	$0
Bonnie Eyre	Vice President of Operations	20.0	Officer	$32,950	$0	$32,950
Nancy J Kelley	Treasurer	5.0	Officer	$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	$323,376	$331,946	$2,205,577	$-8,570
2023	$310,346	$342,066	$2,220,538	$-31,720
2022	$300,034	$298,502	$2,261,641	$1,532
2021	$316,267	$288,831	$2,266,016	$27,436
2020	$251,819	$296,602	$2,216,482	$-44,783
2019	$329,752	$287,149	$2,269,955	$42,603

Hobo Lake Club Incorporated