NANTUCKET ANGLERS CLUB INC

EIN: 042455243

Nantucket, MA

Total Revenue
$1,085,332
Total Expenses
$975,876
Total Assets
$1,452,411
Net Assets
$1,452,411
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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
1969
Legal Domicile
MA
Principal Officer
SHEILA LUCEY
Phone
5082282299
Tax Period
2024-01-01 to 2024-12-31

NANTUCKET ANGLERS CLUB INC, founded in 1969, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $976K left a modest 10% surplus.

Mission

TO PROVIDE A SOCIAL CLUB EMPHASIZING FISHING AND RELATED ACTIVITIES.

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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 $0
Program Service Revenue $568,278
Investment Income $36,705
Other Revenue $480,349
TOTAL REVENUE $1,085,332

Expense Breakdown

Grants Paid $0
Salaries & Benefits $493,113
Fundraising Expenses $0
Other Expenses $482,763
TOTAL EXPENSES $975,876

Year-over-Year Comparison

2024 2023 Change
Revenue $1,085,332 $997,542 +0.1%
Expenses $975,876 $831,370 +0.2%
Net Income $109,456 $166,172 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
30
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN CROWELL TRUSTEE 0.00
Director
$0 $0 $0
JOE TORMAY TRUSTEE 0.00
Director
$0 $0 $0
KEVIN MARTIN TRUSTEE 0.00
Director
$0 $0 $0
KRIS WIGGIN TRUSTEE 0.00
Director
$0 $0 $0
PHIL ALBERTSON TRUSTEE 0.00
Director
$0 $0 $0
SHEILA LUCEY PRESIDENT 0.00
Officer
$0 $0 $0
CHRIS GLOWACKI TREASURER 0.00
Officer
$0 $0 $0
CHRIS YOUNG VICE PRESIDENT 0.00
Officer
$0 $0 $0
EVAN SCHWANFELDER SECRETARY 0.00
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 $1,085,332 $975,876 $1,452,411 $109,456
2023 $997,542 $831,370 $1,347,363 $166,172
2022 $1,011,035 $628,042 $1,172,343 $382,993
2021 $805,730 $704,709 $898,940 $101,021
2020 $709,776 $664,871 $507,066 $44,905
2019 $716,205 $828,227 $468,807 $-112,022
2018 $694,410 $776,180 $549,124 $-81,770
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