RIVERVIEW GOLF & COUNTRY 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

1947

Legal Domicile

Principal Officer

COURTNEY FOSTER

Phone

5302242255

Tax Period

2024-10-01 to 2025-09-30

RIVERVIEW GOLF & COUNTRY CLUB, founded in 1947, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024.

Mission

PROVIDE CLUB BENEFITS TO MEMBERS, INCLUDING GOLF, TOURNAMENTS, AND RELATED SOCIAL ACTIVITIES.

Program Service Accomplishments

Program 1

PROVIDE CLUB BENEFITS TO MEMBERS, INCLUDING GOLF, TOURNAMENTS, AND RELATED SOCIAL ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,677,605

Investment Income $-94,423

Other Revenue $929,634

TOTAL REVENUE $3,512,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,120,128

Fundraising Expenses $0

Other Expenses $1,651,857

TOTAL EXPENSES $3,771,985

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,512,816	$3,535,075	0.0%
Expenses	$3,771,985	$3,802,564	0.0%
Net Income	$-259,169	$-267,489	0.0%

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
CHUCK PASALICH	BOARD MEMBER	2.00	Director	$0	$0	$0
FRANK KEARNS	PRESIDENT	10.00	Director	$0	$0	$0
KEITH STARK	BOARD MEMBER	2.00	Director	$0	$0	$0
DANNY BAUGH	BOARD MEMBER	2.00	Director	$0	$0	$0
REX BALLARD	TREASURER	5.00	Director	$0	$0	$0
MARTY KALSBEEK	BOARD MEMBER	2.00	Director	$0	$0	$0
COURTNEY FOSTER	GENERAL MANA	40.00	Director	$0	$0	$0
SCOTT ODELL	VICE PRESIDE	5.00	Director	$0	$0	$0
LISA TOWNS	SECRETARY	2.00	Director	$0	$0	$0
KATHLEEN DOWNS	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL SPRAGUE	BOARD MEMBER	2.00	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	$3,512,816	$3,771,985	$2,715,416	$-259,169
2024	$3,535,075	$3,802,564	$3,236,913	$-267,489
2023	$3,517,755	$3,836,257	$2,924,363	$-318,502
2022	$3,274,896	$3,539,124	$2,918,283	$-264,228
2021	$2,463,967	$3,137,328	$2,723,063	$-673,361
2020	$2,686,785	$2,934,106	$2,821,427	$-247,321
2019	$3,313,114	$3,527,484	$3,155,308	$-214,370
2018	$3,016,865	$3,397,546	$3,412,662	$-380,681