Milford Yacht Club Incorporated (EIN 060453450) - 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

1903

Legal Domicile

Principal Officer

Bruce P Kuryla

Phone

2037830060

Tax Period

2024-01-01 to 2024-12-31

Milford Yacht Club Incorporated, founded in 1903, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 10% surplus.

Mission

To promote interest in yachting and related social activities.

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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 $1,538,777

Program Service Revenue $180,332

Investment Income $26,662

Other Revenue $-126,807

TOTAL REVENUE $1,618,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $447,245

Fundraising Expenses $0

Program Expenses $1,450,912

Other Expenses $1,003,667

TOTAL EXPENSES $1,450,912

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,618,964	$1,362,918	+0.2%
Expenses	$1,450,912	$1,233,320	+0.2%
Net Income	$168,052	$129,598	+0.3%

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

122

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
Erika Stine-Clayton	Director	1.00	Director	$0	$0	$0
Kenneth Herbet PC	Director	1.00	Director	$0	$0	$0
Peter Cozzolino	Director	1.00	Director	$0	$0	$0
Blake W Humphreys	Director	1.00	Director	$0	$0	$0
Paul Blanchard	Director	1.00	Director	$0	$0	$0
Travis Herman	Director	1.00	Director	$0	$0	$0
Michael D Amato PC	Treasurer	10.00	Officer	$0	$0	$0
Albert W Franke PC	Vice-Commodore	10.00	Officer	$0	$0	$0
Bruce Scull	Rear Commodore	10.00	Officer	$0	$0	$0
Lauren Cozzolino Davies	Fleet Captain	10.00	Officer	$0	$0	$0
Bruce P Kuryla PC	Commodore	10.00	Officer	$0	$0	$0
Robert Bepko Jr	Secretary	10.00	Officer	$0	$0	$0
Clifford Kramer MD	Fleet Surgeon	10.00	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	$1,618,964	$1,450,912	$3,704,611	$168,052
2023	$1,362,918	$1,233,320	$3,557,134	$129,598
2022	$1,003,002	$984,203	$3,523,143	$18,799
2021	$1,042,074	$852,693	$3,541,510	$189,381
2020	$582,202	$805,536	$3,498,027	$-223,334

Milford Yacht Club Incorporated