PRESIDIO GOLF CLUB AND CONCORDIA CLUB (EIN 940781940) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1919

Legal Domicile

Principal Officer

KEVIN MARTIN

Phone

4152218833

Tax Period

2023-01-01 to 2023-12-31

PRESIDIO GOLF CLUB AND CONCORDIA CLUB, founded in 1919, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Expenses of $3.1M exceeded revenue, resulting in a 18% operating deficit.

Mission

THE ORGANIZATION IS AN EXEMPT SOCIAL CLUB UNDER IRC SECTION 501(C)(7) WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED & OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE CLUB ARE RELATED TO THE SINGLE PURPOSE OF SOCIAL & RECREATIONAL PROGRAMS. SEE ORGANIZATION'S MISSION STATEMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,200

Program Service Revenue $1,588,731

Investment Income $16,505

Other Revenue $1,011,063

TOTAL REVENUE $2,628,499

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,528,966

Fundraising Expenses $0

Other Expenses $1,566,872

TOTAL EXPENSES $3,095,838

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,628,499	$2,558,195	+0.0%
Expenses	$3,095,838	$3,035,629	+0.0%
Net Income	$-467,339	$-477,434	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$228,152

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN MARTIN	PRESIDENT	5.00	Officer Director	$0	$0	$0
FRANK SMITH	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
KEVIN PURSGLOVE	SECRETARY	5.00	Officer Director	$0	$0	$0
BRUCE ELWELL	TREASURER	5.00	Officer Director	$0	$0	$0
TOM HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
JON KANTOR	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN BARR	DIRECTOR	1.00	Director	$0	$0	$0
LINDA MCPHARLIN	DIRECTOR	1.00	Director	$0	$0	$0
GERARD WESTMILLER	DIRECTOR	1.00	Director	$0	$0	$0
MARY COLLEEN DALY	GEN. MANAGER, UNTIL 7/23	50.00	Officer	$127,455	$9,102	$136,557
RANDALL LIM	GEN. MANAGER, START 7/23	50.00	Officer	$80,473	$11,122	$91,595
RACHELLE APELLANES	CLUB ACCOUNTANT	40.00	Highest	$105,651	$932	$106,583
EDDIE TY	EXECUTIVE CHEF	40.00	Highest	$105,383	$18,049	$123,432

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	No data	No data	No data	No data
2023	$2,628,499	$3,095,838	$10,516,597	$-467,339
2022	$2,558,195	$3,035,629	$11,046,068	$-477,434
2021	$2,321,384	$2,742,827	$11,620,577	$-421,443
2020	$1,644,331	$2,538,352	$11,935,990	$-894,021
2019	$4,043,047	$2,892,427	$13,368,407	$1,150,620
2018	$2,127,516	$2,458,971	$11,153,545	$-331,455

PRESIDIO GOLF CLUB AND CONCORDIA CLUB