MORRIS YACHT & BEACH CLUB INC (EIN 131721951) - 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

1900

Legal Domicile

Principal Officer

James Proios

Phone

7188851596

Tax Period

2023-01-01 to 2023-12-31

MORRIS YACHT & BEACH CLUB INC, founded in 1900, is a community nonprofit in the Recreation & Sports sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 12% surplus.

Mission

To bring together a diverse group of people from all walks of life with a common love and appreciation for the outdoors, boating, and water sports

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,795,550

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,795,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $331,653

Fundraising Expenses $0

Program Expenses $947,830

Other Expenses $1,245,923

TOTAL EXPENSES $1,577,576

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,795,550	$1,470,072	+0.2%
Expenses	$1,577,576	$1,437,622	+0.1%
Net Income	$217,974	$32,450	+5.7%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Al Hagan	Director	Director	$0	$0	$0
Mike Rauh	Director	Director	$0	$0	$0
Greg Penny Jr	Director	Director	$0	$0	$0
Kevin Flynn	Director	Director	$0	$0	$0
Kim Fusco	Director	Director	$0	$0	$0
Ed Spallina	Director	Director	$0	$0	$0
Corley Schaller	Director	Director	$0	$0	$0
Adam Cabo	Director	Director	$0	$0	$0
Joe Kramer	Director	Director	$0	$0	$0
James Proios	Officer	Officer	$0	$0	$0
June Henry	Officer	Officer	$0	$0	$0
Catherine McCandless	Officer	Officer	$0	$0	$0
Patricia Napolitano	Officer	Officer	$0	$0	$0
Catherine Henry	Officer	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	No data	No data	No data	No data
2023	$1,795,550	$1,577,576	$3,988,395	$217,974
2022	$1,470,072	$1,437,622	$3,982,023	$32,450
2021	$1,272,035	$1,309,807	$3,999,600	$-37,772

MORRIS YACHT & BEACH CLUB INC