POINT OF PINES YACHT CLUB INC

EIN: 222710900

REVERE, MA

Total Revenue
$257,231
Total Expenses
$226,539
Total Assets
$516,628
Net Assets
$162,404
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1914
Legal Domicile
MA
Principal Officer
VINCENT PICCINNI
Phone
7812849717
Tax Period
2023-01-01 to 2023-12-31

POINT OF PINES YACHT CLUB INC, founded in 1914, is a small nonprofit that reported $257K in total revenue in fiscal year 2023. Expenses of $227K left a modest 12% surplus.

Mission

TO PROMOTE SAFE BOATING

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $48,988
Program Service Revenue $111,322
Investment Income $1,537
Other Revenue $95,384
TOTAL REVENUE $257,231

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,308
Fundraising Expenses $0
Other Expenses $197,231
TOTAL EXPENSES $226,539

Year-over-Year Comparison

2023 2022 Change
Revenue $257,231 $262,802 0.0%
Expenses $226,539 $238,775 -0.1%
Net Income $30,692 $24,027 +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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
15
Volunteers
60

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
9
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VINCENT PICCINNI COMMODORE 25.00
Officer
$0 $0 $0
JEFFREY CICOLINI TREASURER 10.00
Officer
$0 $0 $0
MICHAEL QUIGLEY RECORDING SECRETARY 5.00
Officer
$0 $0 $0
ROBERT RAGUCCI VICE COMMODORE 25.00
Officer
$0 $0 $0
PATRICIA MARROQUIN ASST VICE COMMODORE 10.00
Officer
$0 $0 $0
TIMOTHY HORGAN FLEET CAPTAIN 5.00
Officer
$0 $0 $0
KIRK WEATHERBEE REAR COMMODORE 20.00
Officer
$0 $0 $0
DANA ROGERS FINANCIAL SECRETARY 5.00
Officer
$0 $0 $0
ROBERT DEFRONZO AUDITOR 2.00
Director
$0 $0 $0
EMANUEL GULINO TRUSTEE 2.00
Director
$0 $0 $0
PAUL BARASSO TRUSTEE 2.00
Director
$0 $0 $0
ROBERT LOSPANNATO TRUSTEE 2.00
Director
$0 $0 $0
RAYMOND MCCUE JR TRUSTEE 2.00
Director
$0 $0 $0
DANIEL BEAULIEU ASST REAR COMMODORE 10.00
Officer
$0 $0 $0
MICHAEL PEGNATO TRUSTEE 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 $257,231 $226,539 $516,628 $30,692
2022 $262,802 $238,775 $506,733 $24,027
2021 $234,603 $259,044 $494,367 $-24,441
2020 $259,930 $319,356 $524,527 $-59,426
2019 $315,023 $324,334 $601,081 $-9,311
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare POINT OF PINES YACHT CLUB INC with other nonprofits in Massachusetts and across the country.