Derwood, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPA CREEK CLUB, founded in 1966, is a micro nonprofit in the Recreation & Sports sector that reported $65K in total revenue in fiscal year 2025. Net assets of $195K represent 36 months of operating reserves.
Spa Creek Club Inc. is a non-profit social club of experienced recreational sailors that enables its members to sail the Chesapeake Bay on sailboats owned and maintained by the club.
The principle service function of Spa Creek Club Inc. is the on-going maintenance of our fleet of 3 sailboats, which includes all activities and expenses related to sailboat ownership (e.g., repairs...
The principle service function of Spa Creek Club Inc. is the on-going maintenance of our fleet of 3 sailboats, which includes all activities and expenses related to sailboat ownership (e.g., repairs, upgrades, slip fees, insurance, etc.). Note: monies not expended by the club are put into a boat fund account for future boat purchases.
On-going club operations including website and meeting costs.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $65,041 | $64,193 | +0.0% |
| Expenses | $63,267 | $45,109 | +0.4% |
| Net Income | $1,774 | $19,084 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mike Henrickson | President | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Christopher Mills | Vice-Commodore/Secretary | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Silverman | Treasurer | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Bruce Vogel | Boat Chair | 2 |
Director
|
$0 | $0 | $0 |
| John Smith | Boat Chair | 2 |
Director
|
$0 | $0 | $0 |
| Per Struck | Boat Chair | 2 |
Director
|
$0 | $0 | $0 |
| Tim Koehl | Past-President | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $65,041 | $63,267 | $194,537 | $1,774 |
| 2024 | $64,193 | $45,109 | $192,763 | $19,084 |
| 2023 | $61,781 | $57,577 | $173,779 | $4,204 |
| 2022 | $57,962 | $50,575 | $169,575 | $7,387 |
| 2021 | $56,006 | $43,838 | $162,188 | $12,168 |
| 2020 | $55,617 | $60,557 | $150,020 | $-4,940 |
| 2019 | $67,887 | $124,821 | $154,960 | $-56,934 |
Compare SPA CREEK CLUB with other nonprofits in Maryland and across the country.