HOLYOKE CANOE CLUB (EIN 041448565) - 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

1900

Legal Domicile

Principal Officer

Neil Chernick

Phone

4135388968

Tax Period

2025-01-01 to 2025-12-31

HOLYOKE CANOE CLUB, founded in 1900, is a small nonprofit that reported $188K in total revenue in fiscal year 2025.

Mission

Provides recreational atmosphere to encourage families and other individuals to pursue enjoyable outdoor activities in a stress free environment. The number of clients serviced is over 300 people, many of whom are minors.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $185,135

Program Service Revenue $3,132

Investment Income $15

Other Revenue $0

TOTAL REVENUE $188,282

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,490

Fundraising Expenses $0

Program Expenses $199,700

Other Expenses $129,229

TOTAL EXPENSES $199,700

Year-over-Year Comparison

	2025	2024	Change
Revenue	$188,282	$197,041	0.0%
Expenses	$199,700	$234,924	-0.1%
Net Income	$-11,418	$-37,883	-0.7%

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

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
Michael Davenport	Director	002.00	Director	$0	$0	$0
Keith McCrodden	Director	010.00	Director	$0	$0	$0
Rhae Kennedy	Trustee	000.50	Director	$0	$0	$0
David Scott	Trustee	000.50	Director	$0	$0	$0
Kevin Cochran	Director	001.00	Director	$0	$0	$0
Sarah Hilton	Director	002.00	Director	$0	$0	$0
Sara English	Commodore	010.00	Officer	$0	$0	$0
Jennifer Garbiel	Vice-Commodore	005.00	Officer	$0	$0	$0
Kevin Klesczcynski	Vice-Commodore	010.00	Officer	$0	$0	$0
Jessica Tuttle	Secretary	010.00	Officer	$0	$0	$0
Jennifer Gilburg	Collector	005.00	Officer	$0	$0	$0
William Cubi	Vice-Commodore	010.00	Officer	$0	$0	$0
Neil Chernick	Treasurer	010.00	Officer	$0	$0	$0
George Paluch	Tennis Pro	020.00	Highest	$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	$188,282	$199,700	$190,096	$-11,418
2024	No data	No data	No data	No data
2023	$178,384	$235,471	$174,898	$-57,087
2022	$169,151	$176,959	$137,884	$-7,808
2021	$237,641	$145,319	$151,794	$92,322
2020	$137,714	$110,421	$65,851	$27,293
2019	$136,918	$127,324	$42,855	$9,594
2018	$122,836	$109,467	$40,802	$13,369

HOLYOKE CANOE CLUB