Hague, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHERN LAKE GEORGE YACHT CLUB, founded in 1941, is a small nonprofit that reported $257K in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 26% operating margin.
Sports and Social To promote yachting, to promote social recreation and yachting, and do all things necessary and incidental to the carrying out of these purposes (from incorporation documents).
The club organizes and conducts a summer youth training program. Students 4 to 16 years old are trained in sailing, swimming, water safety, and tennis. About 150 students from member and non-member...
The club organizes and conducts a summer youth training program. Students 4 to 16 years old are trained in sailing, swimming, water safety, and tennis. About 150 students from member and non-member families were enrolled in the program. Program expenses are included in this form Part VIII line 7 and 10 payroll, and other expenses in lines 13, 14, 16, and 24a.
The club conducts regular sailing competitions in one design sailboats on Saturday and Sunday mornings mid-June through mid-August. An estimated 115 people were involved with the competitions...
The club conducts regular sailing competitions in one design sailboats on Saturday and Sunday mornings mid-June through mid-August. An estimated 115 people were involved with the competitions. Program expenses are included in lines 16 and 24b.
The club hosts a number of recreational and social activities to promote contact and encourage lifelong friendships among our members. Recreational activities include but are not limited to adult...
The club hosts a number of recreational and social activities to promote contact and encourage lifelong friendships among our members. Recreational activities include but are not limited to adult sailing and pickleball for all ages. Social activities include opening ceremonies and picnic, an awards ceremony and dinner, a Flag officers reception, and a square dance, among others.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $256,952 | $168,576 | +0.5% |
| Expenses | $189,838 | $165,488 | +0.1% |
| Net Income | $67,114 | $3,088 | +20.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Olivia Lucier | Junior Program Manager (weekly hours reflect July and Aug only) | 5 |
Key Emp
|
$4,800 | $0 | $4,800 |
| Elizabeth Alexander | Asst manager (weekly hours reflect July and August only) | 5 |
Key Emp
|
$4,000 | $0 | $4,000 |
| Jon Krahulik | Director | 2 |
Director
|
$0 | $0 | $0 |
| Diane Rottier | Director | 2 |
Director
|
$0 | $0 | $0 |
| Cheryl Solomon | Director | 2 |
Director
|
$0 | $0 | $0 |
| Todd Wilson | Director | 2 |
Director
|
$0 | $0 | $0 |
| Seddon Beaty | Director | 2 |
Director
|
$0 | $0 | $0 |
| Hannah Darrin | Director | 2 |
Director
|
$0 | $0 | $0 |
| Sandy Powell | Director | 2 |
Director
|
$0 | $0 | $0 |
| Amanda Vickerson | Director | 2 |
Director
|
$0 | $0 | $0 |
| Chris Quinn | Director | 2 |
Director
|
$0 | $0 | $0 |
| Becky Snelson | Director | 2 |
Director
|
$0 | $0 | $0 |
| Jamie Beaty | Director | 2 |
Director
|
$0 | $0 | $0 |
| Peter Abell | Ex-Commodore | 2 |
Director
|
$0 | $0 | $0 |
| Janet Lawrence | Ex-Commodore | 2 |
Director
|
$0 | $0 | $0 |
| Lauren Waite | Ex-Commodore | 2 |
Director
|
$0 | $0 | $0 |
| Bruce Hatfield | Ex-Commodore | 2 |
Director
|
$0 | $0 | $0 |
| Doug Bryant | Commodore | 4 |
Officer
|
$0 | $0 | $0 |
| Abigail Reingold | Vice Commodore | 4 |
Officer
|
$0 | $0 | $0 |
| Patrick Cartwright | Rear Commodore | 4 |
Officer
|
$0 | $0 | $0 |
| Chris Mayer | Fleet Captain | 4 |
Officer
|
$0 | $0 | $0 |
| Donna Wotton | Race Captain | 4 |
Officer
|
$0 | $0 | $0 |
| Robert Powell | Membership Secretary | 4 |
Officer
|
$0 | $0 | $0 |
| Margaret Kennedy | Corresponding Secretary | 4 |
Officer
|
$0 | $0 | $0 |
| Sally Snelson | Purser | 4 |
Officer
|
$0 | $0 | $0 |
| Tom Vickerson | Co-Race Captain | 2 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $256,952 | $189,838 | $384,057 | $67,114 |
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