Olcott Yacht Club Inc (EIN 160576476) - 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

1920

Legal Domicile

Principal Officer

Sue Cassidy

Tax Period

2023-01-01 to 2023-12-31

Olcott Yacht Club Inc, founded in 1920, is a small nonprofit that reported $230K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 18% operating margin.

Mission

The organization encourages members to become proficient in navigation and handling of their sailing/power vessels, while simultaneously promoting seamanship and sportsmanship.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $163,197

Investment Income $2

Other Revenue $67,272

TOTAL REVENUE $230,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,473

Fundraising Expenses $0

Program Expenses $171,747

Other Expenses $110,714

TOTAL EXPENSES $188,187

Year-over-Year Comparison

	2023	2022	Change
Revenue	$230,471	$186,154	+0.2%
Expenses	$188,187	$164,038	+0.1%
Net Income	$42,284	$22,116	+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

Independent Members

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roger Voss	Commodore	006.00	Officer	$0	$0	$0
Joe Higgins	Vice Commodore	006.00	Officer	$0	$0	$0
Alan Rosenbaum	Rear Commodore	006.00	Officer	$0	$0	$0
Nick Southard	Fleet Captain	006.00	Officer	$0	$0	$0
Vic Thieault	Fleet Captain	006.00	Officer	$0	$0	$0
Sheila Flanagan	Secretary	006.00	Officer	$0	$0	$0
Sue Cassidy	Treasury	006.00	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	$230,471	$188,187	$511,136	$42,284
2022	$186,154	$164,038	$493,239	$22,116
2021	$169,263	$160,913	$503,474	$8,350
2020	$115,814	$106,088	$500,070	$9,726
2019	$163,590	$156,180	$509,683	$7,410
2018	$159,725	$165,382	$493,954	$-5,657

Olcott Yacht Club Inc