Whalers Cove Yacht Club (EIN 112015841) - 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

1962

Legal Domicile

Principal Officer

Bob Fox

Phone

6313679822

Tax Period

2025-01-01 to 2025-12-31

Whalers Cove Yacht Club, founded in 1962, is a small nonprofit in the Recreation & Sports sector that reported $628K in total revenue in fiscal year 2025. Expenses of $538K left a modest 14% surplus.

Mission

TO PROMOTE SOCIABILITY, GOOD WILL, SAFE BOATING AND A CLEAN ENVIRONMENT, WHILE SERVING THE BOATING INTERESTS OF ITS MEMBERS

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $552,745

Investment Income $7,168

Other Revenue $67,750

TOTAL REVENUE $627,663

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200,240

Fundraising Expenses $0

Other Expenses $337,897

TOTAL EXPENSES $538,137

Year-over-Year Comparison

	2025	2024	Change
Revenue	$627,663	$585,613	+0.1%
Expenses	$538,137	$540,222	0.0%
Net Income	$89,526	$45,391	+1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Bob Fox	PAST COMMODORE	Director	$0	$0	$0
Bob Basta	REAR COMMODORE	Director	$0	$0	$0
Jim Celestino	Commodore	Officer	$0	$0	$0
John Coyle	VICE COMMODORE	Officer	$0	$0	$0
Paul Mazzei	Sr Fleet Captn	Officer	$0	$0	$0
Bob Fox	Jr Fleet Captn	Officer	$0	$0	$0
Paul Paternoster	Treasurer	Officer	$0	$0	$0
Allen Saunders	Secretary	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
2025	$627,663	$538,137	$845,415	$89,526
2024	$585,613	$540,222	$770,849	$45,391
2023	$522,522	$509,390	$668,755	$13,132
2022	$607,207	$497,328	$607,318	$109,879
2021	$484,596	$433,278	$479,385	$51,318
2020	$461,391	$425,912	$429,018	$35,479
2019	$359,591	$356,889	$347,809	$2,702
2018	$401,226	$397,142	$312,534	$4,084

Whalers Cove Yacht Club