THAMES YACHT CLUB INC

EIN: 060836944

NIANTIC, CT

Total Revenue
$275,852
Total Expenses
$245,597
Total Assets
$515,700
Net Assets
$278,955
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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
1933
Legal Domicile
CT
Phone
8606525071
Tax Period
2024-01-01 to 2024-12-31

THAMES YACHT CLUB INC, founded in 1933, is a small nonprofit that reported $276K in total revenue in fiscal year 2024. Expenses of $246K left a modest 11% surplus.

Mission

CLUBHOUSE & MOORING FOR SAILBOATS

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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 $234
Program Service Revenue $275,290
Investment Income $17
Other Revenue $311
TOTAL REVENUE $275,852

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,389
Fundraising Expenses $0
Other Expenses $202,208
TOTAL EXPENSES $245,597

Year-over-Year Comparison

2024 2023 Change
Revenue $275,852 $271,682 +0.0%
Expenses $245,597 $272,066 -0.1%
Net Income $30,255 $-384 -79.8%
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
9
Independent Members
9
Employees
14
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEIGH REINHART SECRETARY 0.00
Officer Director
$0 $0 $0
REBECCA TURNER COMMODORE 0.00
Officer Director
$0 $0 $0
COLIN READHEAD VICE COMMODORE 0.00
Officer Director
$0 $0 $0
RUSSELL CARR TREASURER 0.00
Officer Director
$0 $0 $0
LEIGH REINHART SECRETARY 0.00
Officer 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 $275,852 $245,597 $515,700 $30,255
2023 $271,682 $272,066 $505,624 $-384
2022 $301,130 $261,078 $515,996 $40,052
2021 $286,067 $254,438 $515,936 $31,629
2020 $232,692 $192,742 $237,686 $39,950
2019 $221,369 $213,286 $174,621 $8,083
2018 $208,091 $198,470 $176,449 $9,621
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