PORT NORFOLK YACHT CLUB INC (EIN 042179440) - 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

1924

Legal Domicile

Principal Officer

KENNETH CLIFFORD

Phone

6178223333

Tax Period

2025-01-01 to 2025-12-31

PORT NORFOLK YACHT CLUB INC, founded in 1924, is a small nonprofit that reported $487K in total revenue in fiscal year 2025. Expenses of $562K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROMOTE INTEREST IN BOATING AND SOCIAL INTERACTION AMONG MEMBERS.

🔒

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 $0

Program Service Revenue $457,839

Investment Income $9,519

Other Revenue $19,698

TOTAL REVENUE $487,056

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $562,476

TOTAL EXPENSES $562,476

Year-over-Year Comparison

	2025	2024	Change
Revenue	$487,056	$491,417	0.0%
Expenses	$562,476	$473,765	+0.2%
Net Income	$-75,420	$17,652	-5.3%

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

N/A

Volunteers

150

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
DON BAKER	COMMODORE	5.00	Officer Director	$0	$0	$0
WARREN O'DONNELL	VICE COMMODORE	1.00	Officer Director	$0	$0	$0
RON BROUSEAU	REAR-COMMODORE	1.00	Officer Director	$0	$0	$0
FRANK HOGAN	TREASURER	5.00	Officer Director	$0	$0	$0
JAMES PIASECKI	RECORDING SECRETARY	10.00	Officer Director	$0	$0	$0
BARBARA HOGAN	FINANCIAL SECRETARY	5.00	Officer Director	$0	$0	$0
EDWARD AHERN	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN COSTELLO	TRUSTEE	1.00	Director	$0	$0	$0
JOHN MCCONVILLE	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN WHITE	TRUSTEE	1.00	Director	$0	$0	$0
MIKE ROONEY	TRUSTEE	1.00	Director	$0	$0	$0
PHIL SKRABUT	TRUSTEE	1.00	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
2025	$487,056	$562,476	$840,870	$-75,420
2024	$491,417	$473,765	$1,293,881	$17,652
2023	$494,142	$538,875	$1,399,112	$-44,733
2022	$443,978	$505,252	$1,562,067	$-61,274
2021	$356,164	$471,172	$1,736,978	$-115,008
2020	$333,691	$392,614	$1,647,386	$-58,923
2019	$282,033	$172,503	$928,652	$109,530
2018	$193,866	$195,560	$820,827	$-1,694

PORT NORFOLK YACHT CLUB INC