Old Cove Yacht Club Inc

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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

1955

Legal Domicile

Principal Officer

Dion Lynch

Phone

6315539611

Tax Period

2025-01-01 to 2025-12-31

Old Cove Yacht Club Inc, founded in 1955, is a small nonprofit that reported $206K in total revenue in fiscal year 2025.

Mission

To encourage the sport of yachting and to promote the science of seamanship and navigation.

Program Service Accomplishments

Program 1

Expenses: $126,781 Revenue: $163,302

Junior Sailing Tuition and Regatta Entrance Fees

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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 (2025)

Revenue Breakdown

Contributions & Grants $40,944

Program Service Revenue $163,302

Investment Income $1,817

Other Revenue $0

TOTAL REVENUE $206,063

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,884

Fundraising Expenses $0

Program Expenses $126,781

Other Expenses $126,412

TOTAL EXPENSES $213,296

Year-over-Year Comparison

	2025	2024	Change
Revenue	$206,063	N/A	N/A
Expenses	$213,296	N/A	N/A
Net Income	$-7,233	N/A	N/A

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
Steve Pollack	Commodore	3.00	Officer Director	$0	$0	$0
Dion Lynch	Rear Commodore	6.00	Officer Director	$0	$0	$0
Daniel Kuehn	Vice Commodore	1.00	Officer Director	$0	$0	$0
Robert Finora	Treasurer	2.00	Officer Director	$0	$0	$0
Joe Turchiano	Secretary	2.00	Officer Director	$0	$0	$0
Ellen Talbot	Director	0.50	Director	$0	$0	$0
Lena DeSantis	Director	2.00	Director	$0	$0	$0
Ninve James	Director	2.00	Director	$0	$0	$0
Eric Kyle	Director	0.50	Director	$0	$0	$0
Bill Lehnert	Director	0.50	Director	$0	$0	$0
Caroline Kell	Director	3.50	Director	$0	$0	$0
Declan Lynch	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
2025	$206,063	$213,296	$205,388	$-7,233
2022	$198,330	$186,585	$206,939	$11,745
2021	$208,168	$150,688	$208,359	$57,480