WEST DENNIS YACHT CLUB INC

EIN: 042268203

WEST DENNIS, MA

Total Revenue
$1,126,663
Total Expenses
$1,001,442
Total Assets
$1,546,868
Net Assets
$1,405,651
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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
1959
Legal Domicile
MA
Principal Officer
CAROLE MATHIESON
Phone
5083989757
Tax Period
2024-01-01 to 2024-12-31

WEST DENNIS YACHT CLUB INC, founded in 1959, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.0M left a modest 11% surplus.

Mission

THE ENCOURAGEMENT OF YACHTING, SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS AND THEIR FAMILIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $542,030
Program Service Revenue $331,643
Investment Income $24,769
Other Revenue $228,221
TOTAL REVENUE $1,126,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $350,418
Fundraising Expenses $0
Program Expenses $850,460
Other Expenses $651,024
TOTAL EXPENSES $1,001,442

Year-over-Year Comparison

2024 2023 Change
Revenue $1,126,663 $1,047,426 +0.1%
Expenses $1,001,442 $866,103 +0.2%
Net Income $125,221 $181,323 -0.3%
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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Governance

Voting Members
15
Independent Members
15
Employees
42
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
7
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NABIL BOGHOS DIRECTOR N/A
Director
$0 $0 $0
KELLY BURNS REAR COMMODO N/A
Officer Director
$0 $0 $0
KIM COSTA DIRECTOR N/A
Director
$0 $0 $0
BRIAN CULHANE DIRECTOR N/A
Director
$0 $0 $0
MAGAN EARNSHAW FLEET CAPTAI N/A
Officer Director
$0 $0 $0
JANET GALLUGI COMMODORE N/A
Officer Director
$0 $0 $0
KEITH GATTOZZI DIRECTOR N/A
Director
$0 $0 $0
MICHAEL HEALY PAST COMMODO N/A
Officer Director
$0 $0 $0
MICHELE DOWLING JOHNSON DIRECTOR N/A
Director
$0 $0 $0
SUE LAUDER SECRETARY N/A
Officer Director
$0 $0 $0
JOHN LOVE DIRECTOR N/A
Director
$0 $0 $0
CAROLE MATHIESON TREASURER N/A
Officer Director
$0 $0 $0
SHEILA MEEHAN DIRECTOR N/A
Director
$0 $0 $0
TODD SZCZEBAK DIRECTOR N/A
Director
$0 $0 $0
ANNE WEATHERBEE VICE COMMODO N/A
Officer 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
2024 $1,126,663 $1,001,442 $1,546,868 $125,221
2023 $1,047,426 $866,103 $1,531,821 $181,323
2022 $953,421 $724,718 $1,455,167 $228,703
2021 $800,963 $585,928 $1,352,428 $215,035
2020 $564,570 $484,140 $1,230,823 $80,430
2019 $742,353 $698,920 $1,218,926 $43,433
2018 $729,855 $736,947 $1,257,673 $-7,092
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