The Memorial Bend Club Inc (EIN 746024318) - 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

1958

Legal Domicile

Phone

8326616693

Tax Period

2024-01-01 to 2024-12-31

The Memorial Bend Club Inc, founded in 1958, is a micro nonprofit that reported $87K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $100K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE LOW-COST ACCESS TO POOL, TENNIS AND RECREATIONAL FACILITIES TO LOCAL RESIDENTS, AND IN PARTICULAR RESIDENTS OF MEMORIAL BEND.

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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 $37,575

Program Service Revenue $315

Investment Income $49,500

Other Revenue $0

TOTAL REVENUE $87,390

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $98,676

Other Expenses $99,974

TOTAL EXPENSES $99,974

Year-over-Year Comparison

	2024	2023	Change
Revenue	$87,390	$69,118	+0.3%
Expenses	$99,974	$87,537	+0.1%
Net Income	$-12,584	$-18,419	-0.3%

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	Role	Reportable Comp	Other Comp	Total
Karlsson Salek	President	Officer Director	$0	$0	$0
William McLellan	Vice President	Officer Director	$0	$0	$0
Tempest Pena	Treasurer	Officer Director	$0	$0	$0
Emily Momberger	Secretary	Officer Director	$0	$0	$0
Adam Kalnbach	Director	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	$87,390	$99,974	$1,423,714	$-12,584
2022	$28,850	$67,411	$1,460,154	$-38,561
2021	$27,829	$48,949	$1,498,715	$-21,120
2020	$1,520,670	$45,799	$1,519,835	$1,474,871

The Memorial Bend Club Inc