LAKEWOOD MENS GOLF CLUB

EIN: 901041750 Recreation & Sports

Lakewood, CA

Total Revenue
$232,145
Total Expenses
$229,726
Total Assets
$54,377
Net Assets
$54,377
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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
2010
Legal Domicile
CA
Principal Officer
Mike McMonegal
Phone
5624299711
Tax Period
2024-01-01 to 2024-12-31

LAKEWOOD MENS GOLF CLUB, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $232K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

The club organizes monthly golf tournaments for the members. The club also facilitates participation by members in local and national golf associations.

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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 $0
Program Service Revenue $203,997
Investment Income $0
Other Revenue $28,148
TOTAL REVENUE $232,145

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $229,726
Other Expenses $229,726
TOTAL EXPENSES $229,726

Year-over-Year Comparison

2024 2023 Change
Revenue $232,145 $210,159 +0.1%
Expenses $229,726 $215,797 +0.1%
Net Income $2,419 $-5,638 -1.4%
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
9
Independent Members
N/A
Employees
N/A
Volunteers
4

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Redmerski President 1
Officer
$0 $0 $0
Mike McMonegal Treasurer 1
Officer
$0 $0 $0
Mike Parks Secretary 1
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 $232,145 $229,726 $54,377 $2,419
2023 $210,159 $215,797 $51,958 $-5,638
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