Bourne Community Boating Inc (EIN 208095349) - 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

Ghislaine Lacerte

Phone

5082433881

Tax Period

2023-01-01 to 2023-12-31

Bourne Community Boating Inc, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $102K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $122K exceeded revenue, resulting in a 20% operating deficit.

Mission

To teach sailing to the youth of Bourne, Massachusetts.

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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 $50,902

Program Service Revenue $41,937

Investment Income $8,871

Other Revenue $0

TOTAL REVENUE $101,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,954

Fundraising Expenses $0

Program Expenses $121,895

Other Expenses $36,941

TOTAL EXPENSES $121,895

Year-over-Year Comparison

	2023	2022	Change
Revenue	$101,710	$77,670	+0.3%
Expenses	$121,895	$119,000	+0.0%
Net Income	$-20,185	$-41,330	-0.5%

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

N/A

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
B Paul Bushueff Jr	Clerk/Director	N/A	Officer	$0	$0	$0
Kenneth D Legg	Director	N/A	Director	$0	$0	$0
Suzannah Sullivan	Director	N/A	Director	$0	$0	$0
Amy Ballentine Stevens	Vice-President/Director	N/A	Officer	$0	$0	$0
David O'Hara	Director	N/A	Director	$0	$0	$0
Ghislaine Lacerte	Treasurer/Director	N/A	Officer	$0	$0	$0
Lesley Jarvis	President/Director	N/A	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
2024	No data	No data	No data	No data
2023	$101,710	$121,895	$282,831	$-20,185
2022	$77,670	$119,000	$302,052	$-41,330
2021	$140,270	$83,848	$345,349	$56,422
2020	$141,472	$57,776	$296,682	$83,696
2019	$170,306	$122,021	$185,317	$48,285
2018	$175,397	$114,463	$136,716	$60,934

Bourne Community Boating Inc