GLENDALE YACHT CLUB INC (EIN 222736052) - 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

1987

Legal Domicile

Principal Officer

GUY WHEATON

Phone

6032939359

Tax Period

2023-01-01 to 2023-12-31

GLENDALE YACHT CLUB INC, founded in 1987, is a micro nonprofit that reported $72K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $79K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO ENCOURAGE THE SPORT OF BOATING AND PROMOTE THE SCIENCE OF SEAMANSHIP AND NAVIGATION AND TO ENCOURAGE PERSONAL CONTACT, COMMINGLING, AND FELLOWSHIP AMONG BOAT OWNERS BY PROVIDING AND MAINTAINING ON A MUTUAL BASIS A SUITABLE CLUBHOUSE, ANCHORAGE, AND ANCILLARY FACILITIES FOR THE PLEASURE, USE AND RECREATION OF ITS MEMBERS AND GUESTS.

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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 $0

Program Service Revenue $71,565

Investment Income $38

Other Revenue $0

TOTAL REVENUE $71,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $79,116

TOTAL EXPENSES $79,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$71,603	$91,496	-0.2%
Expenses	$79,116	$89,494	-0.1%
Net Income	$-7,513	$2,002	-4.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK MILONOPOULOS	MEMBER	1.00	Director	$0	$0	$0
GEORGE WILMOT	MEMBER	1.00	Director	$0	$0	$0
JONI HINTERHAEUSER	TREASURER	1.00	Officer	$0	$0	$0
TIM HOULIHAN	SECRETARY	1.00	Officer	$0	$0	$0
GUY WHEATON	PRESIDENT	1.00	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	No data	No data	No data	No data
2023	$71,603	$79,116	$133,631	$-7,513
2022	$91,496	$89,494	$141,144	$2,002
2021	$65,874	$75,105	$139,142	$-9,231
2020	$65,939	$78,433	$144,373	$-12,494
2019	$109,358	$103,011	$156,867	$6,347
2018	$64,157	$82,016	$150,520	$-17,859

GLENDALE YACHT CLUB INC