Horseshoe Harbor Yacht Club (EIN 131712875) - 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

1991

Legal Domicile

Phone

9148349418

Tax Period

2024-01-01 to 2024-12-31

Horseshoe Harbor Yacht Club, founded in 1991, is a small nonprofit that reported $416K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

Operation of Clubhouse, launch services and racing programs to further the art of sailing

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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 $298,157

Program Service Revenue $111,249

Investment Income $6,223

Other Revenue $0

TOTAL REVENUE $415,629

Expense Breakdown

Grants Paid $500

Salaries & Benefits $178,273

Fundraising Expenses $0

Program Expenses $401,274

Other Expenses $235,945

TOTAL EXPENSES $414,718

Year-over-Year Comparison

	2024	2023	Change
Revenue	$415,629	$460,909	-0.1%
Expenses	$414,718	$445,675	-0.1%
Net Income	$911	$15,234	-0.9%

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

N/A

Independent Members

N/A

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
Anthony Kroell	Trustee	Director	$0	$0	$0
John Santalone	Trustee	Director	$0	$0	$0
Pam Michels	Trustee	Director	$0	$0	$0
Ian Milward	Rear Commodore	Officer	$0	$0	$0
Marie Schiraldi-Cattau	Vice Commodore	Officer	$0	$0	$0
Josh Klein	Commodore	Officer	$0	$0	$0
Mark Manley	Treasurer	Officer	$0	$0	$0
Michael Russell	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
2024	$415,629	$414,718	$484,848	$911
2023	$460,909	$445,675	$485,950	$15,234
2022	$476,732	$425,423	$464,267	$51,309
2021	$474,427	$430,363	$412,917	$44,064
2020	$453,006	$378,848	$368,984	$74,158
2019	$337,260	$368,015	$293,166	$-30,755
2018	$371,839	$340,236	$319,424	$31,603

Horseshoe Harbor Yacht Club