Satuit Boat Club Inc

EIN: 046014740

Scituate, MA

Total Revenue
$222,639
Total Expenses
$198,978
Total Assets
$294,571
Net Assets
$291,736
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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
1945
Legal Domicile
MA
Phone
7815459752
Tax Period
2024-01-01 to 2024-12-31

Satuit Boat Club Inc, founded in 1945, is a small nonprofit that reported $223K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $199K left a modest 11% surplus.

Mission

Boating knowledge and maritime skills

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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 $135,436
Program Service Revenue $78,635
Investment Income $8,568
Other Revenue $0
TOTAL REVENUE $222,639

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,984
Fundraising Expenses $0
Program Expenses $26,050
Other Expenses $131,994
TOTAL EXPENSES $198,978

Year-over-Year Comparison

2024 2023 Change
Revenue $222,639 $198,892 +0.1%
Expenses $198,978 $168,461 +0.2%
Net Income $23,661 $30,431 -0.2%
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
5
Independent Members
N/A
Employees
15
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Shea Rear Commodore 0.00
Officer
$0 $0 $0
Brendan Murphy Vice Commodore 0.00
Officer
$0 $0 $0
Randy Robertson Secretary 0.00
Officer
$0 $0 $0
Jerome Murphy Treasurer 0.00
Officer
$0 $0 $0
Gregg McBride Commodore 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 $222,639 $198,978 $294,571 $23,661
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