Franklin County Boat Club Inc (EIN 042390979) - 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

1950

Legal Domicile

Principal Officer

Joshua Girouard

Tax Period

2024-01-01 to 2024-12-31

Franklin County Boat Club Inc, founded in 1950, is a small nonprofit that reported $149K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26K, a strong 17% operating margin.

Mission

To promote boating on the Connecticut River

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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 $139,683

Investment Income $9,070

Other Revenue $0

TOTAL REVENUE $148,753

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $123,108

Other Expenses $123,108

TOTAL EXPENSES $123,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$148,753	$105,556	+0.4%
Expenses	$123,108	$89,318	+0.4%
Net Income	$25,645	$16,238	+0.6%

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

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
Bob Mason	Director	2.00	Director	$0	$0	$0
Dave Abbey	Director	2.00	Director	$0	$0	$0
Mike Briggs	Director	2.00	Director	$0	$0	$0
Allen Constantine	Director	2.00	Director	$0	$0	$0
Terry Rudd	Director	2.00	Director	$0	$0	$0
Matthew Russon	Director	2.00	Director	$0	$0	$0
Nathan Streeter	Director	2.00	Director	$0	$0	$0
Joshua Girouard	Commodore	5.00	Officer Director	$0	$0	$0
Sharon Constantine	Treasurer	5.00	Officer Director	$0	$0	$0
Leon Ambo	Vice Commodore	2.00	Officer	$0	$0	$0
Lynda Zukowski	Secretary	2.00	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	No data	No data	No data	No data
2024	$148,753	$123,108	$461,172	$25,645
2023	$105,556	$89,318	$435,527	$16,238
2022	$109,258	$100,516	$419,289	$8,742
2021	$91,541	$83,412	$410,547	$8,129
2020	$87,189	$79,085	$402,418	$8,104
2019	$100,223	$94,710	$394,314	$5,513

Franklin County Boat Club Inc