COTTAGE PARK YACHT CLUB INC (EIN 041212036) - 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

1902

Legal Domicile

Principal Officer

DAVID REYNOLDS

Phone

6178462792

Tax Period

2024-01-01 to 2024-12-31

COTTAGE PARK YACHT CLUB INC, founded in 1902, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 11% surplus.

Mission

THE OBJECTIVE OF THE CLUB IS TO PROMOTE AND ENCORAGE SAILING, ROWING, YACHTING, NAUTICAL SCIENCE AND SOCIAL MEETINGS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $411,044

Program Service Revenue $529,502

Investment Income $23,629

Other Revenue $384,445

TOTAL REVENUE $1,348,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $517,462

Fundraising Expenses $0

Other Expenses $683,578

TOTAL EXPENSES $1,201,040

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,348,620	$1,410,015	0.0%
Expenses	$1,201,040	$1,180,286	+0.0%
Net Income	$147,580	$229,729	-0.4%

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

$2,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE LENTZ	DIRECTOR	5.00	Director	$0	$0	$0
NORMAN HYETT	DIRECTOR	5.00	Director	$0	$0	$0
DEVON FIELDS	DIRECTOR	5.00	Director	$0	$0	$0
JANINE STANTON	DIRECTOR	5.00	Director	$0	$0	$0
DAVID REYNOLDS	COMMODORE	10.00	Officer	$0	$0	$0
AL POWELL	VICE COMMODORE	10.00	Officer	$0	$0	$0
ERIC KIRTON	TREASURER	20.00	Officer	$0	$0	$0
JHOSMAR CASTELLANO	SECRETARY	20.00	Officer	$2,500	$0	$2,500
CHARLES NEWMAN	REAR COMMODORE	10.00	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	$1,348,620	$1,201,040	$2,491,757	$147,580
2023	$1,410,015	$1,180,286	$2,434,969	$229,729
2022	$1,036,858	$873,626	$1,715,463	$163,232
2021	$1,050,733	$841,371	$1,610,342	$209,362
2020	$655,541	$657,131	$1,407,705	$-1,590
2019	$896,104	$656,050	$1,399,682	$240,054

COTTAGE PARK YACHT CLUB INC