MIDWAY GOLF 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

1965

Legal Domicile

Principal Officer

DOUGLAS CROUSE

Phone

3075682255

Tax Period

2025-01-01 to 2025-12-31

MIDWAY GOLF CLUB, founded in 1965, is a small nonprofit that reported $223K in total revenue in fiscal year 2025. Expenses of $206K left a modest 7% surplus.

Mission

MUNICIPAL GOLF COURSE

Program Service Accomplishments

Program 1

Revenue: $179,232

MUNICIPAL GOLF COURSE

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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 $3,635

Program Service Revenue $179,232

Investment Income $930

Other Revenue $38,725

TOTAL REVENUE $222,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,532

Fundraising Expenses $0

Program Expenses $206,310

Other Expenses $103,778

TOTAL EXPENSES $206,310

Year-over-Year Comparison

	2025	2024	Change
Revenue	$222,522	$222,560	0.0%
Expenses	$206,310	$231,148	-0.1%
Net Income	$16,212	$-8,588	-2.9%

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
JOHN CHAPMAN	DIRECTOR	N/A	Director	$0	$0	$0
DOUGLAS CROUSE	TREASURER	N/A	Officer Director	$0	$0	$0
RAY FRAZIER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ROCKY KNESS	SECRETARY	N/A	Officer Director	$0	$0	$0
WAYNE RILEY	DIRECTOR	N/A	Director	$0	$0	$0
TRAVIS SCHRINER	DIRECTOR	N/A	Director	$0	$0	$0
CONNIE WERBELOW	PRESIDENT	N/A	Officer 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
2025	$222,522	$206,310	$192,115	$16,212
2024	$222,560	$231,148	$179,573	$-8,588
2023	$205,129	$196,871	$191,700	$8,258
2022	$253,334	$188,730	$186,570	$64,604