KOLLEGEWIDGWOK YACHT CLUB (EIN 010217552) - Form 990 Financial Analysis & Trantor Score

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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

1950

Legal Domicile

Principal Officer

TOM MORRIS

Phone

2073745581

Tax Period

2024-01-01 to 2024-12-31

KOLLEGEWIDGWOK YACHT CLUB, founded in 1950, is a small nonprofit that reported $462K in total revenue in fiscal year 2024. Expenses of $417K left a modest 10% surplus.

Mission

PROMOTE SAILING AND RECREATION.

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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 $60,115

Program Service Revenue $317,386

Investment Income $25,955

Other Revenue $58,539

TOTAL REVENUE $461,995

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $172,300

Fundraising Expenses $0

Program Expenses $335,624

Other Expenses $214,695

TOTAL EXPENSES $416,995

Year-over-Year Comparison

	2024	2023	Change
Revenue	$461,995	$475,862	0.0%
Expenses	$416,995	$473,209	-0.1%
Net Income	$45,000	$2,653	+16.0%

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

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
TOM MORRIS	COMMODORE	6.00	Officer Director	$0	$0	$0
ANDREW BALDWIN	VICE COMMODO	4.00	Officer Director	$0	$0	$0
MARK POLITTE	TREASURER	4.00	Officer Director	$0	$0	$0
AMY BAKER	SECRETARY	4.00	Officer Director	$0	$0	$0
KATHERINE SEMLER	TRUSTEE/DIRE	2.00	Director	$0	$0	$0
CHARLOTTE TAYLOR	TRUSTEE/DIRE	2.00	Director	$0	$0	$0
MARK ADAMS	TRUSTEE/DIRE	2.00	Director	$0	$0	$0
NIGEL PURVIS	TRUSTEE/DIRE	2.00	Director	$0	$0	$0
ELIZA WILMERDING	TRUSTEE/DIRE	2.00	Director	$0	$0	$0
MIKE O'NEILL	TRUSTEE/DIRE	2.00	Director	$0	$0	$0
SPRINGER HUSEBY	REAR COMMODO	2.00	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	$461,995	$416,995	$1,719,637	$45,000
2023	$475,862	$473,209	$1,532,286	$2,653
2022	$406,323	$442,380	$1,402,066	$-36,057
2021	$326,476	$294,163	$1,532,382	$32,313
2020	$285,523	$265,269	$1,389,941	$20,254
2019	$327,130	$289,568	$1,303,691	$37,562
2018	$300,146	$274,331	$1,160,081	$25,815

KOLLEGEWIDGWOK YACHT CLUB