FALMOUTH HARBOR SAILING SCHOOL INC (EIN 043080792) - 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

1990

Legal Domicile

Principal Officer

JOSEPH VOCI

Phone

5085483865

Tax Period

2024-01-01 to 2024-12-31

FALMOUTH HARBOR SAILING SCHOOL INC, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $236K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

PROVIDE SAILING AND RACING INSTRUCTION FOR ALL CHILDREN AND ADULTS WHO DEMONSTRATE A DESIRE TO

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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 $39,431

Program Service Revenue $196,931

Investment Income $0

Other Revenue $0

TOTAL REVENUE $236,362

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,339

Fundraising Expenses $0

Program Expenses $240,915

Other Expenses $123,282

TOTAL EXPENSES $253,621

Year-over-Year Comparison

	2024	2023	Change
Revenue	$236,362	$212,956	+0.1%
Expenses	$253,621	$228,849	+0.1%
Net Income	$-17,259	$-15,893	+0.1%

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
JOSEPH VOCI	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW GIRARD	TREASURER	N/A	Officer	$0	$0	$0
TIM COHAN	DIRECTOR	N/A	Director	$0	$0	$0
DANIELLE BROWN	SECRETARY	N/A	Officer	$0	$0	$0
BRIAN DOYLE	PRESIDENT	N/A	Officer	$0	$0	$0
MEGAN COPPOLA	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW GIRARD	DIRECTOR	N/A	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	$236,362	$253,621	$248,390	$-17,259
2023	$212,956	$228,849	$269,481	$-15,893
2022	$236,560	$230,845	$291,195	$5,715
2021	$297,506	$195,336	$275,827	$102,170
2020	$146,564	$155,309	$173,657	$-8,745
2019	$189,495	$206,916	$182,402	$-17,421
2018	$184,555	$167,480	$199,918	$17,075

FALMOUTH HARBOR SAILING SCHOOL INC