GREATER LAWRENCE COMMUNITY BOATING PROGRAM INC (EIN 042671824) - 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

Legal Domicile

Principal Officer

RICHARD P KOEHLER JR

Phone

9786818675

Tax Period

2023-11-01 to 2024-10-31

GREATER LAWRENCE COMMUNITY BOATING PROGRAM INC is a small nonprofit that reported $617K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $583K left a modest 6% surplus.

Mission

TO TEACH SAFE, RESPONSIBLE BOATING AND ENVIRONMENTAL AWARENESS IN WHICH YOUTH AND ADULTS CAN LEARN TO SAIL, ROW AND ENJOY WATER ACTIVITIES ON THE MERRIMACK RIVER IN LAWRENCE, MASSACHUSETTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $321,361

Program Service Revenue $263,714

Investment Income $2,623

Other Revenue $29,797

TOTAL REVENUE $617,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $281,387

Fundraising Expenses $0

Program Expenses $449,226

Other Expenses $301,375

TOTAL EXPENSES $582,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$617,495	$452,326	+0.4%
Expenses	$582,762	$558,998	+0.0%
Net Income	$34,733	$-106,672	-1.3%

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

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

$79,146

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD P KOEHLER JR	Executive Direc	40.00	Director	$79,146	$0	$79,146
SEE ATTACHED LISTING	Director	0.00	Director	$0	$0	$0
ANDREW BLANCHETTE	Treasurer	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	$617,495	$582,762	$364,515	$34,733
2023	$452,326	$558,998	$281,927	$-106,672
2022	$579,472	$560,473	$403,872	$18,999
2021	$626,542	$558,228	$390,399	$68,314
2020	$480,989	$518,767	$340,881	$-37,778
2019	$504,935	$554,967	$350,438	$-50,032
2019	$510,464	$548,838	$360,156	$-38,374
2018	$546,543	$497,095	$413,475	$49,448

GREATER LAWRENCE COMMUNITY BOATING PROGRAM INC