NORTHERN LAKE GEORGE YACHT CLUB

EIN: 141307127

Hague, NY

Total Revenue
$256,952
Total Expenses
$189,838
Total Assets
$384,057
Net Assets
$383,816
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
NY
Principal Officer
Abigail Reingold
Phone
5185436533
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

Sports and Social, We organize and conduct a summer youth program in sailing, swimming, water safety, and tennis. We conduct sailing competitions on weekend mornings in the summer. We conduct other recreational activities including pickleball, tennis, and social activities for our members.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $183,148
Program Service Revenue $74,108
Investment Income $43
Other Revenue $-347
TOTAL REVENUE $256,952

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,169
Fundraising Expenses $0
Program Expenses $0
Other Expenses $119,669
TOTAL EXPENSES $189,838

Year-over-Year Comparison

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%
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

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Governance

Voting Members
25
Independent Members
25
Employees
27
Volunteers
250

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
9
$0
Total Directors
15
$0
Key Employees
2
$8,800
Highest Compensated
0
reported
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
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 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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