PLEASANT BAY COMMUNITY BOATING INC (EIN 200274168) - 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

2003

Legal Domicile

Principal Officer

CHERYL HOENEMEYER

Phone

5089453133

Tax Period

2023-01-01 to 2023-12-31

PLEASANT BAY COMMUNITY BOATING INC, founded in 2003, is a community nonprofit in the Recreation & Sports sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Net assets of $3.3M represent 38 months of operating reserves.

Mission

TO PROVIDE ACCESSIBLE EDUCATIONAL AND RECREATIONAL BOATING OPPORTUNITIES THAT BEST SERVE THE RESIDENTS AND VISITORS IN THE REGION AROUND PLEASANT BAY (LOCATED IN CAPE COD, MASSACHUSETTS). PLEASANT BAY COMMUNITY BOATING AIMS TO OPEN UP ACCESS TO THE ENJOYMENT OF ALL TYPES OF BOATING ACTIVITIES, AND TO PROMOTE AN APPRECIATION AND RESPECT FOR CHERISHED MARINE ENVIRONMENTS.

🔒

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 $704,375

Program Service Revenue $374,315

Investment Income $9,378

Other Revenue $-31,078

TOTAL REVENUE $1,056,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $548,728

Fundraising Expenses $158,402

Program Expenses $697,764

Other Expenses $512,450

TOTAL EXPENSES $1,121,178

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,056,990	$900,256	+0.2%
Expenses	$1,121,178	$987,645	+0.1%
Net Income	$-64,188	$-87,389	-0.3%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANNE MCNETT	DIRECTOR	2.00	Officer Director	$0	$0	$0
DONNA AUCIELLO	DIRECTOR	4.00	Director	$0	$0	$0
JEFF MORGAN	TREASURER	4.00	Officer Director	$0	$0	$0
BRIAN WALL	DIRECTOR	2.00	Director	$0	$0	$0
LAUREL LABDON	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN NAJARIAN	DIRECTOR	2.00	Director	$0	$0	$0
JOHN DICKSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
GREG KELLY	DIRECTOR	2.00	Director	$0	$0	$0
LYNDY ROGERS	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD PARIS	DIRECTOR	2.00	Director	$0	$0	$0
DIANE CARTER	DIRECTOR	2.00	Director	$0	$0	$0
JANET WILLIAMS	SECRETARY	2.00	Officer Director	$0	$0	$0
RICK PARIS	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$1,056,990	$1,121,178	$4,652,033	$-64,188
2022	$900,256	$987,645	$4,760,738	$-87,389
2021	$1,766,472	$837,726	$4,919,007	$928,746
2020	$1,343,860	$636,698	$4,287,443	$707,162
2019	$977,381	$680,506	$3,880,298	$296,875
2018	$700,104	$611,102	$3,799,286	$89,002

PLEASANT BAY COMMUNITY BOATING INC