Town River Yacht 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

1912

Legal Domicile

Principal Officer

Joanne Blunt

Phone

6174712716

Tax Period

2025-01-01 to 2025-12-31

Town River Yacht Club, founded in 1912, is a small nonprofit that reported $833K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year.

Mission

To provide yachting and boating access for members of the Town River Yacht Club.

Program Service Accomplishments

Program 1

Expenses: $327,781 Revenue: $337,405

Provide Yachting and Boating services to members of the Yacht Club

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $337,405

Investment Income $4,111

Other Revenue $491,732

TOTAL REVENUE $833,248

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,668

Fundraising Expenses $0

Program Expenses $327,781

Other Expenses $767,299

TOTAL EXPENSES $905,967

Year-over-Year Comparison

	2025	2024	Change
Revenue	$833,248	$972,279	-0.1%
Expenses	$905,967	$914,804	0.0%
Net Income	$-72,719	$57,475	-2.3%

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

350

Independent Members

350

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 Noonan	Commodore	010.00	Officer	$0	$0	$0
Peter Sarofeen	Vice Commodore	010.00	Officer	$0	$0	$0
Joanne Blunt	Treasurer	010.00	Officer	$0	$0	$0
Laura Cormican	Recording Secretary	010.00	Officer	$0	$0	$0
Alfred Gallinaro	Financial Secretary	010.00	Officer	$0	$0	$0
Eric Visocchi	Rear Commodore	010.00	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
2025	$833,248	$905,967	$252,072	$-72,719
2024	$972,279	$914,804	$371,119	$57,475
2023	$1,176,403	$811,666	$355,889	$364,737
2022	$932,166	$865,083	$32,729	$67,083
2022	$932,166	$865,083	$32,729	$67,083
2021	$797,976	$848,127	$4,184	$-50,151
2020	$597,477	$821,302	$114,579	$-223,825
2019	$876,352	$1,060,814	$289,228	$-184,462
2018	$709,087	$747,291	$72,076	$-38,204