SOUTH SHORE YACHT CLUB INC (EIN 042596750) - 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

1955

Legal Domicile

Principal Officer

MARK FERRERA

Phone

7813359440

Tax Period

2024-01-01 to 2024-12-31

SOUTH SHORE YACHT CLUB INC, founded in 1955, is a small nonprofit that reported $281K in total revenue in fiscal year 2024. The organization ran a surplus of $55K, a strong 20% operating margin.

Mission

TO OPERATE A YACHT CLUB ON THE WEYMOUTH SIDE OF THE BACK RIVER. THE CLUB HAS A CLUBHOUSE AND OFFERS JR. SAILING PROGRAMS.

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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 $159,769

Investment Income $13,587

Other Revenue $108,027

TOTAL REVENUE $281,383

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,596

Fundraising Expenses $0

Other Expenses $210,453

TOTAL EXPENSES $226,049

Year-over-Year Comparison

	2024	2023	Change
Revenue	$281,383	$294,637	0.0%
Expenses	$226,049	$191,165	+0.2%
Net Income	$55,334	$103,472	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF DOUGHTY	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT NELSON	DIRECTOR	1.00	Director	$0	$0	$0
MARK PIEPER	DIRECTOR	1.00	Director	$0	$0	$0
MATT PILCZAK	DIRECTOR	1.00	Director	$0	$0	$0
MARK FERRERA	PRESIDENT	1.00	Officer	$0	$0	$0
CAROL JOHNSON	SECRETARY	1.00	Officer	$0	$0	$0
MIKE WALSH	TREASURER	1.00	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	No data	No data	No data	No data
2024	$281,383	$226,049	$1,511,282	$55,334
2023	$294,637	$191,165	$1,393,303	$103,472
2022	$137,596	$167,671	$1,247,831	$-30,075
2021	$231,839	$131,969	$1,286,894	$99,870
2020	$200,157	$105,740	$1,107,777	$94,417
2019	$225,913	$169,702	$1,011,506	$56,211
2018	$225,316	$163,689	$956,139	$61,627

SOUTH SHORE YACHT CLUB INC