THE OLD COLONY YACHT CLUB (EIN 042137056) - 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

1952

Legal Domicile

Principal Officer

HUGH O'NEILL

Phone

6174360513

Tax Period

2024-01-01 to 2024-12-31

THE OLD COLONY YACHT CLUB, founded in 1952, is a small nonprofit that reported $621K in total revenue in fiscal year 2024. Expenses of $591K left a modest 5% surplus.

Mission

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

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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 $0

Program Service Revenue $490,822

Investment Income $15

Other Revenue $130,273

TOTAL REVENUE $621,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $185,284

Fundraising Expenses $0

Other Expenses $405,940

TOTAL EXPENSES $591,224

Year-over-Year Comparison

	2024	2023	Change
Revenue	$621,110	$588,343	+0.1%
Expenses	$591,224	$700,381	-0.2%
Net Income	$29,886	$-112,038	-1.3%

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

Independent Members

Employees

N/A

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
JOHN MACDOUGAL	DIRECTOR	4.00	Director	$0	$0	$0
DAVID BURKE	DIRECTOR	2.00	Director	$0	$0	$0
OWEN O'NEILL	DIRECTOR	2.00	Director	$0	$0	$0
MARK HEALEY	PRESIDENT	0.00	Director	$0	$0	$0
PAUL CABRAL	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT LESENECHAL	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS MCGILLYCUDDY	VICE PRESIDENT	0.00	Director	$0	$0	$0
HUGH O'NEILL	TREASURER	4.00	Officer	$0	$0	$0
CHRISTOPHER CROKE	CLERK	4.00	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	$621,110	$591,224	$238,275	$29,886
2023	$588,343	$700,381	$325,230	$-112,038
2022	$586,773	$621,958	$425,148	$-35,185
2021	$509,606	$544,026	$551,967	$-34,420
2020	$416,874	$511,939	$671,315	$-95,065
2019	$588,283	$530,308	$831,073	$57,975
2018	$521,914	$548,442	$864,827	$-26,528

THE OLD COLONY YACHT CLUB