THE COUNTRY CLUB EMPLOYEE EDUCATION FUND INC

EIN: 863906661 501(c)(3) Education

CHESTNUT HILL, MA

Total Revenue
$908,766
Total Expenses
$171,354
Total Assets
$3,261,188
Net Assets
$3,261,188
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MA
Principal Officer
LYMAN G BULLARD JR
Phone
6175660240
Tax Period
2024-01-01 to 2024-12-31

THE COUNTRY CLUB EMPLOYEE EDUCATION FUND INC, founded in 2021, is a small nonprofit in the Education sector that reported $909K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $737K, a strong 81% operating margin.

Mission

THE COUNTRY CLUB EMPLOYEE EDUCATION FUND, INC. (THE ORGANIZATION") WAS FOUNDED IN 2021 TO PROVIDE SCHOLARSHIPS TO INDIVIDUALS FOR STUDY AT A TRADE SCHOOL, A VOCATIONAL SCHOOL, OR A COLLEGE, UNIVERSITY, OR OTHER SIMILAR EDUCATIONAL INSTITUTION. THE ORGANIZATION WAS ESTABLISHED BY, AND IS FUNDED PRIMARILY WITH CONTRIBUTIONS FROM THE MEMBERS OF THE COUNTRY CLUB (THE "CLUB"), THE OLDEST COUNTRY CLUB IN THE UNITED STATES. THE ORGANIZATION WILL AWARD SCHOLARSHIPS TO EMPLOYEES OF THE CLUB AND THEIR FAMILY MEMBERS WHO HAVE BEEN SELECTED BY A SELECTION COMMITTEE INDEPENDENT OF THE CLUB ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS.

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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 $686,655
Program Service Revenue $0
Investment Income $222,111
Other Revenue $0
TOTAL REVENUE $908,766

Expense Breakdown

Grants Paid $142,229
Salaries & Benefits $0
Fundraising Expenses $4,578
Program Expenses $142,229
Other Expenses $29,125
TOTAL EXPENSES $171,354

Year-over-Year Comparison

2024 2023 Change
Revenue $908,766 $691,143 +0.3%
Expenses $171,354 $114,702 +0.5%
Net Income $737,412 $576,441 +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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYMAN G BULLARD JR PRESIDENT 1.00
Officer Director
$0 $0 $0
RUSSELL T PYLE TREASURER 1.00
Officer Director
$0 $0 $0
R NEWCOMB STILLWELL CLERK 1.00
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
2024 $908,766 $171,354 $3,261,188 $737,412
2023 $691,143 $114,702 $2,523,776 $576,441
2022 $1,260,689 $22,982 $1,947,335 $1,237,707
2021 $741,615 $31,987 $709,628 $709,628
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