ACUSHNET RIVER SAFE BOATING CLUB INC

EIN: 042393061

FAIRHAVEN, MA

Total Revenue
$360,073
Total Expenses
$286,626
Total Assets
$805,653
Net Assets
$805,653
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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
1963
Legal Domicile
MA
Principal Officer
MICHAEL COSTA
Phone
5089912126
Tax Period
2023-01-01 to 2023-12-31

ACUSHNET RIVER SAFE BOATING CLUB INC, founded in 1963, is a small nonprofit that reported $360K in total revenue in fiscal year 2023. The organization ran a surplus of $73K, a strong 20% operating margin.

Mission

To promote safe boating and foster efficiency in the operation of all boats.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $342,395
Investment Income $10,541
Other Revenue $7,137
TOTAL REVENUE $360,073

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $286,626
Other Expenses $286,626
TOTAL EXPENSES $286,626

Year-over-Year Comparison

2023 2022 Change
Revenue $360,073 $350,975 +0.0%
Expenses $286,626 $340,350 -0.2%
Net Income $73,447 $10,625 +5.9%
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

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
400

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN THOMAS COSTA PRESIDENT 8.00
Officer
$0 $0 $0
ISAIAH WILLIAM STEVENS VICE PRESIDENT 8.00
Officer
$0 $0 $0
MOLLY SCHAEFFER SECRETARY 8.00
Officer
$0 $0 $0
STEVEN SCHAEFFER TREASURER 8.00
Officer
$0 $0 $0
PHILIP JOSEPH DIAS DIRECTOR 1.00
Director
$0 $0 $0
DARREN DOUGLAS COSTA DIRECTOR 1.00
Director
$0 $0 $0
EDWARD M MACEDO DIRECTOR 1.00
Director
$0 $0 $0
BRIAN JOSEPH DIRECTOR 1.00
Director
$0 $0 $0
EDWARD G BALDWIN DIRECTOR 1.00
Director
$0 $0 $0
MARK SCOTT ROSOFSKY DIRECTOR 1.00
Director
$0 $0 $0
CHARLES G CHAPLES DIRECTOR 1.00
Director
$0 $0 $0
GERALD P BEAUDOIN DIRECTOR 1.00
Director
$0 $0 $0
MARK MONTEIRO DIRECTOR 1.00
Director
$0 $0 $0
AARON LEGER DIRECTOR 1.00
Director
$0 $0 $0
PETER MIDURSKI DIRECTOR 1.00
Director
$0 $0 $0
DANIEL C FOWLER DIRECTOR 1.00
Director
$0 $0 $0
APRIL OLIVEIRA COMMANDER 8.00
Director
$0 $0 $0
CRAIG E GUENETTE PAST PRESIDENT 0.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $360,073 $286,626 $805,653 $73,447
2022 $350,975 $340,350 $732,230 $10,625
2021 $268,847 $241,411 $721,622 $27,436
2020 $246,880 $199,623 $694,190 $47,257
2019 $204,932 $194,386 $646,868 $10,546
2019 $204,932 $205,471 $635,783 $-539
2018 $272,427 $200,955 $636,322 $71,472
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