MORICHES YACHT CLUB INC (EIN 116029625) - 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

1905

Legal Domicile

Principal Officer

TIM LAUBE

Phone

6315061473

Tax Period

2024-01-01 to 2024-12-31

MORICHES YACHT CLUB INC, founded in 1905, is a small nonprofit that reported $310K in total revenue in fiscal year 2024. Net assets of $655K represent 25 months of operating reserves.

Mission

OPERATE SAILING , SWIMMING AND SOCIAL CLUB

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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 $209,640

Program Service Revenue $71,183

Investment Income $2

Other Revenue $29,320

TOTAL REVENUE $310,145

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,845

Fundraising Expenses $0

Program Expenses $316,352

Other Expenses $220,507

TOTAL EXPENSES $316,352

Year-over-Year Comparison

	2024	2023	Change
Revenue	$310,145	$313,787	0.0%
Expenses	$316,352	$324,183	0.0%
Net Income	$-6,207	$-10,396	-0.4%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
REGINA SOTO	COMMODORE	005.00	Officer Director	$0	$0	$0
DANIEL MCKEON	VICE COMMODORE	005.00	Officer Director	$0	$0	$0
RICHARD WAGNER	REAR COMMODORE	005.00	Officer Director	$0	$0	$0
KEN NOSEK	SECRETARY	005.00	Officer Director	$0	$0	$0
TIM LAUBE	TREASURER	005.00	Officer Director	$0	$0	$0
DAVE HULSE	DIRECTOR	005.00	Director	$0	$0	$0
NORMA JEANNE OKULA	DIRECTOR	005.00	Director	$0	$0	$0
FRANK SCORDO	DIRECTOR	005.00	Director	$0	$0	$0
CLYDE SCHLEIN	DIRECTOR	005.00	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	$310,145	$316,352	$655,230	$-6,207
2023	$313,787	$324,183	$661,437	$-10,396
2022	$340,125	$332,636	$671,831	$7,489
2021	$287,670	$240,492	$706,998	$47,178
2020	$207,052	$202,263	$640,255	$4,789
2019	$232,338	$218,643	$652,956	$13,695
2018	$234,928	$233,425	$655,872	$1,503

MORICHES YACHT CLUB INC