SAILING YACHT RESEARCH FOUNDATION INC (EIN 202021318) - 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

2006

Legal Domicile

Principal Officer

Jay Hansen

Phone

6179688100

Tax Period

2022-01-01 to 2022-12-31

SAILING YACHT RESEARCH FOUNDATION INC, founded in 2006, is a small nonprofit that reported $314K in total revenue in fiscal year 2022. Revenue surged 334% from the prior year, signaling strong growth momentum. Expenses of $377K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO UNDERSTAND, IMPROVE AND SHARE WITH THE PUBLIC THE STATE OF THE ART OF RACING SAILBOAT PERFORMANCE

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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 (2022)

Revenue Breakdown

Contributions & Grants $318,704

Program Service Revenue $0

Investment Income $-4,225

Other Revenue $0

TOTAL REVENUE $314,479

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,596

Fundraising Expenses $1,695

Program Expenses $372,434

Other Expenses $373,696

TOTAL EXPENSES $377,292

Year-over-Year Comparison

	2022	2021	Change
Revenue	$314,479	$72,424	+3.3%
Expenses	$377,292	$391,697	0.0%
Net Income	$-62,813	$-319,273	-0.8%

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

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

$3,212

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jon Weisbaum	Technical Director, Director	20	Director	$3,212	$0	$3,212
Stan Honey	Chairman	5	Director	$0	$0	$0
Jay Hansen	President, Treasurer and Secretary	10	Director	$0	$0	$0
Dina Kowalyshyn	Director	2	Director	$0	$0	$0
Scott Weisman	Director	1	Director	$0	$0	$0
Larry Rosenfeld	Executive Director, Director	10	Director	$0	$0	$0
Beau Vrolyk	Director	1	Director	$0	$0	$0
Gary Weisman	Director	2		$0	$0	$0
Stephen Benjamin	Director	1		$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
2022	$314,479	$377,292	No data	$-62,813
2021	$72,424	$391,697	$70,482	$-319,273
2020	$30,275	$166,124	$430,966	$-135,849
2019	$18,531	$256,005	$553,933	$-237,474

SAILING YACHT RESEARCH FOUNDATION INC