SHREWSBURY SAILING & YACHT CLUB

EIN: 210704634

LITTLE SILVER, NJ

Total Revenue
$483,193
Total Expenses
$522,944
Total Assets
$1,701,266
Net Assets
$1,699,685
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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
1936
Legal Domicile
NJ
Phone
7322299818
Tax Period
2024-01-01 to 2024-12-31

SHREWSBURY SAILING & YACHT CLUB, founded in 1936, is a small nonprofit that reported $483K in total revenue in fiscal year 2024. Net assets of $1.7M represent 42 months of operating reserves.

Mission

ADULT & CHILDREN WATER SAFETY, SAILING & RACING

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $366,355
Investment Income $7,123
Other Revenue $109,715
TOTAL REVENUE $483,193

Expense Breakdown

Grants Paid $1,100
Salaries & Benefits $104,937
Fundraising Expenses $0
Program Expenses $479,841
Other Expenses $416,907
TOTAL EXPENSES $522,944

Year-over-Year Comparison

2024 2023 Change
Revenue $483,193 $481,602 +0.0%
Expenses $522,944 $421,791 +0.2%
Net Income $-39,751 $59,811 -1.7%
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

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Governance

Voting Members
19
Independent Members
19
Employees
19
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
7
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE POYNER BOARD MEMBER 1.00
Director
$0 $0 $0
CARMEN PHANEUF BOARD MEMBER 1.00
Director
$0 $0 $0
ALLEY HENDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG STEEL BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE MCGILL BOARD MEMBER 1.00
Director
$0 $0 $0
JACK REICHERT BOARD MEMBER 1.00
Director
$0 $0 $0
KARA LICATA BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTEN DACOSTA BOARD MEMBER 1.00
Director
$0 $0 $0
JIM BRINKMAN BOARD MEMBER 1.00
Director
$0 $0 $0
PETER MUNGER BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL RHAME BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA GRUSKOS BOARD MEMBER 1.00
Director
$0 $0 $0
HERB WERTH OFFICER 6.00
Officer
$0 $0 $0
GREG SAYBOLT OFFICER 6.00
Officer
$0 $0 $0
BETH DESMOND OFFICER 6.00
Officer
$0 $0 $0
MAUREEN KEARNEY OFFICER 6.00
Officer
$0 $0 $0
JEFF JACOBI OFFICER 6.00
Officer
$0 $0 $0
FRANK SEGGIO OFFICER 6.00
Officer
$0 $0 $0
PHIL ARNHEITER OFFICER 6.00
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 $483,193 $522,944 $1,701,266 $-39,751
2023 $481,602 $421,791 $1,741,224 $59,811
2022 $409,913 $369,192 $1,680,599 $40,721
2021 $444,442 $384,622 $1,658,355 $59,820
2020 $307,988 $247,142 $1,596,562 $60,846
2019 $339,836 $332,677 $1,522,221 $7,159
2018 $355,078 $321,739 $1,511,595 $33,339
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