FRIENDS OF THE GLENCOE GOLF CLUB

EIN: 833184655 501(c)(3) Recreation & Sports

GLENCOE, IL

Total Revenue
$373,145
Total Expenses
$77,865
Total Assets
$648,499
Net Assets
$648,499
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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
2019
Legal Domicile
IL
Phone
8472382381
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF THE GLENCOE GOLF CLUB, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $373K in total revenue in fiscal year 2024. The organization ran a surplus of $295K, a strong 79% operating margin.

Mission

TO INCREASE AWARENESS, SUPPORT AND UTILIZATION OF THE GLENCOE GOLF CLUB FACILITIES AND TO SERVE AS THE FUNDRAISING ORGANIZATION FOR THE CONTINUED IMPROVEMENT OF THIS UNIQUE COMMUNITY ASSET.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $370,290
Program Service Revenue $0
Investment Income $2,855
Other Revenue $0
TOTAL REVENUE $373,145

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $77,865
TOTAL EXPENSES $77,865

Year-over-Year Comparison

2024 2023 Change
Revenue $373,145 N/A N/A
Expenses $77,865 N/A N/A
Net Income $295,280 N/A N/A
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

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Governance

Voting Members
6
Independent Members
N/A
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE THOMAS President 1.00
Officer
$0 $0 $0
BEN GUTSTEIN Vice President 0.50
Officer
$0 $0 $0
GILLIAN GOODMAN Chairman 0.50
Officer
$0 $0 $0
STEVE SANTICCIOLI Director 0.50
Officer
$0 $0 $0
DAVID STERN Director 0.50
Officer
$0 $0 $0
SARA PFAFF Chairman 0.50
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 $373,145 $77,865 $648,499 $295,280
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