CONANICUT YACHT CLUB (EIN 050123595) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

FRED BURDITT

Phone

4014231424

Tax Period

2023-01-01 to 2023-12-31

CONANICUT YACHT CLUB, founded in 1950, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 6% surplus.

Mission

THE CONANICUT YACHT CLUB IS A PRIVATE, NON-PROFIT SOCIAL CLUB. IT OFFERS A FULL-SERVICE RESTAURANT, A FACILITY FOR RACQUET SPORTS, AS WELL AS SAILING AND BOATING ACTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,434,669

Investment Income $17,467

Other Revenue $766,902

TOTAL REVENUE $2,219,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,184,390

Fundraising Expenses $0

Other Expenses $905,841

TOTAL EXPENSES $2,090,231

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,219,038	$1,991,884	+0.1%
Expenses	$2,090,231	$2,050,525	+0.0%
Net Income	$128,807	$-58,641	-3.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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
ELIZABETH MOODY	COMMODORE	2.00	Officer Director	$0	$0	$0
SALLY SCHOTT	VICE COOMODORE	2.00	Officer Director	$0	$0	$0
PATRICK MULDOON	REAR COMMODORE	2.00	Officer Director	$0	$0	$0
SYLVIA MONTI	SECRETARY	2.00	Officer Director	$0	$0	$0
FREDERIC BURDITT	TREASURER	1.00	Officer Director	$0	$0	$0
FRANK PENSA MD	FLEET SURGEON	1.00	Officer Director	$0	$0	$0
PETER PARSONS	FLEET CAPTAIN	1.00	Officer Director	$0	$0	$0
TENLEY VAN DER WAL	TRUSTEE	1.00	Director	$0	$0	$0
NATALIE WRIGHT	TRUSTEE	1.00	Director	$0	$0	$0
PAUL GRIMES	TRUSTEE	1.00	Director	$0	$0	$0
LYDIA SNYDER	TRUSTEE	1.00	Director	$0	$0	$0
CLAY BODEN	TRUSTEE	1.00	Director	$0	$0	$0
KIMBERLY WESTCOTT	TRUSTEE	1.00	Director	$0	$0	$0
VINCENT RIVERS	TRUSTEE	1.00	Director	$0	$0	$0
SERGIO LOPEZ-RUIZ	TRUSTEE	1.00	Director	$0	$0	$0
ENRICO COPPOLA	CLUB MANAGER	60.00	Highest	$144,375	$20,437	$164,812

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
2023	$2,219,038	$2,090,231	$2,645,765	$128,807
2022	$1,991,884	$2,050,525	$2,619,583	$-58,641
2021	$1,951,244	$1,884,203	$2,751,810	$67,041
2020	$1,038,118	$1,273,304	$2,685,256	$-235,186
2019	$1,154,867	$1,280,717	$2,935,168	$-125,850
2018	$1,314,704	$1,218,588	$3,131,986	$96,116

CONANICUT YACHT CLUB