SARATOGA LAKE SAILING CLUB INC

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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

1960

Legal Domicile

Principal Officer

JOHN SMITH

Phone

5185849659

Tax Period

2025-01-01 to 2025-12-31

SARATOGA LAKE SAILING CLUB INC, founded in 1960, is a small nonprofit that reported $297K in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

SARATOGA LAKE SAILING CLUB PROMOTES SAILING, SAILBOAT RACING, AND SAILING INSTRUCTION IN AND AROUND THE SARATOGA LAKE REGION.

Program Service Accomplishments

Program 1

THE ORGANIZATION RUNS A SAILING SCHOOL DEDICATED TO TEACHING THE SPORT OF SAILING. THE PROGRAM USES PROVEN METHODS DEVELOPED BY US SAILING. THE ORGANIZATION PROVIDES BOATS AND FACILITIES FOR THE...

THE ORGANIZATION RUNS A SAILING SCHOOL DEDICATED TO TEACHING THE SPORT OF SAILING. THE PROGRAM USES PROVEN METHODS DEVELOPED BY US SAILING. THE ORGANIZATION PROVIDES BOATS AND FACILITIES FOR THE PROGRAM. THE PROGRAM IS OPEN TO ADULTS AND JUNIORS.

Program 2

THE ORGANIZATION HOLDS REGATTAS, RACES AND VARIOUS SOCIAL EVENTS FOR MEMBERS OF THE CLUB. THESE EVENTS ALOW MEMBERS TO KNOW ONE ANOTHER AND PROMOTE THE SPORT OF SAILING. THE CLUB MAINTAINS AN ACTIVE RACING PROGRAM WITH WEEKLY RACES. IN ADDITION, THE CLUB SPONSORS ONE AND TWO-DAY REGATTAS THAT ATTRACT SAILORS FROM THE NORTH-EASTERN UNITED STATES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $129,953

Program Service Revenue $167,117

Investment Income $0

Other Revenue $0

TOTAL REVENUE $297,070

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,059

Fundraising Expenses $0

Other Expenses $242,748

TOTAL EXPENSES $311,807

Year-over-Year Comparison

	2025	2024	Change
Revenue	$297,070	$275,022	+0.1%
Expenses	$311,807	$320,882	0.0%
Net Income	$-14,737	$-45,860	-0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

180

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
GEORGE MCNALLY	COMMODORE	8.00	Officer Director	$0	$0	$0
JAMES SYMON	VICE COMMODORE	5.00	Officer Director	$0	$0	$0
DAVE HUDSON	REAR COMMODORE	5.00	Officer Director	$0	$0	$0
JOHN SMITH	TREASURER	5.00	Officer Director	$0	$0	$0
SANDRA ARNOLD	SECRETARY	3.00	Officer Director	$0	$0	$0
JON TORRES	FLAG LT BOATS	3.00	Director	$0	$0	$0
LENNY LERNER	FLAG LT GROUNDS	3.00	Director	$0	$0	$0
JUSTIN THOMAS	FLAG LT HOUSE	3.00	Director	$0	$0	$0
JARED KACZYNSKI	FLAG LT RACE	3.00	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
2025	$297,070	$311,807	$355,580	$-14,737
2024	$275,022	$320,882	$370,706	$-45,860
2023	$243,679	$251,875	$415,447	$-8,196
2022	$174,618	$237,729	$425,365	$-63,111
2021	$300,150	$252,577	$498,127	$47,573
2020	$243,524	$271,822	$451,020	$-28,298
2019	$266,897	$194,458	$479,697	$72,439
2018	$243,366	$207,434	$459,452	$35,932