TIVERTON YACHT CLUB INC (EIN 050309832) - 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

1945

Legal Domicile

Principal Officer

PATRICK LATTUCA

Phone

4016241932

Tax Period

2023-10-01 to 2024-09-30

TIVERTON YACHT CLUB INC, founded in 1945, is a small nonprofit that reported $318K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $285K left a modest 10% surplus.

Mission

TO EDUCATE AND DEMONSTRATE, FOR THE LOCAL COMMUNITY, SAFE CONDUCT OF VARIOUS WATER ACTIVITIES INCLUDING BOATING, SWIMMING AND SAILING.

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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 $139,993

Program Service Revenue $171,961

Investment Income $0

Other Revenue $6,044

TOTAL REVENUE $317,998

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,946

Fundraising Expenses $0

Other Expenses $165,836

TOTAL EXPENSES $284,782

Year-over-Year Comparison

	2023	2022	Change
Revenue	$317,998	$269,766	+0.2%
Expenses	$284,782	$254,842	+0.1%
Net Income	$33,216	$14,924	+1.2%

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

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
PATRICK LATTUCA	COMMODORE	1.00	Officer Director	$0	$0	$0
JAMES HILTON	VICE COMMODO	1.00	Officer Director	$0	$0	$0
GREG JONES	REAR COMMODR	1.00	Officer Director	$0	$0	$0
JOANNE REUTHER	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVE HENDRICK	TREASURER	1.00	Officer Director	$0	$0	$0
BRENDAN MCNALLY	DIRECTOR	0.50	Director	$0	$0	$0
DAVID COLLINS	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN HUGHES	DIRECTOR	0.50	Director	$0	$0	$0
PHYLLIS IBBOTSON	DIRECTOR	0.50	Director	$0	$0	$0
EMILY JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
ANN LANZ	DIRECTOR	0.50	Director	$0	$0	$0
GREGG MORASH	DIRECTOR	0.50	Director	$0	$0	$0
MARC PFEIFFER	DIRECTOR	0.50	Director	$0	$0	$0
CRAIG RACHUPKA	DIRECTOR	0.50	Director	$0	$0	$0
JAMES ROGERS	DIRECTOR	0.50	Director	$0	$0	$0
KEN KILEY	DIRECTOR	0.50	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
2024	$1,502	$31,466	$753,917	$-29,964
2024	$317,998	$284,782	$791,028	$33,216
2023	$269,766	$254,842	$784,888	$14,924
2022	$261,896	$268,679	$779,100	$-6,783
2021	$247,910	$269,060	$808,541	$-21,150
2020	$242,401	$230,320	$847,832	$12,081
2019	$241,288	$322,378	$847,691	$-81,090
2018	$241,777	$232,873	$943,741	$8,904

TIVERTON YACHT CLUB INC