ZUnclassifiedEIN: 362196316· Ruling Year: 1963

Thorngate Country Club

Mundelein, Illinois

A-Health Score
77A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.10×
Peer Median15.40×
💰
$7.3M
Total Revenue
📊
$7.1M
Total Expenses
🏦
$14.9M
Net Assets
📋
$5.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.3%
Year-over-year change (2022 → 2023)
Net Margin
+2.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.10
Net assets divided by total expenses
Liabilities-to-Assets
25.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,289,8623%$7,096,9653%$20,068,9683%
2022$7,054,38611%$6,882,42623%$19,413,0563%
2021$6,364,80014%$5,592,2816%$19,991,6975%
2020$5,593,2666%$5,292,15110%$19,069,4157%
2019$5,257,89727%$5,863,69217%$17,798,8145%
2018$7,172,6681%$7,071,12014%$18,834,223
2017$7,136,4149%$8,242,52518%$18,775,2652%
2016$6,530,2602%$6,982,4101%$19,122,5731%
2015$6,429,6341%$6,885,063$19,262,1363%
2014$6,361,7334%$6,854,3376%$19,897,6432%
2013$6,092,1754%$6,478,4892%$20,405,7994%
2012$6,347,12412%$6,365,1583%$21,274,9832%
2011$5,658,483$6,182,032$21,738,088

Frequently Asked Questions

What does Thorngate Country Club do?

Thorngate Country Club is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Thorngate Country Club financially healthy?

Based on our 9-metric Financial Health Score model, Thorngate Country Club has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Thorngate Country Club generate?

Thorngate Country Club reports $7.1M in annual revenue and holds $20.1M in total assets, based on IRS filings.

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