COMMUNITY BOATING CENTER INC (EIN 222946979) - 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

JOSHUA PARKS PRES

Phone

4014547245

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY BOATING CENTER INC, founded in 1987, is a small nonprofit that reported $475K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $404K left a modest 15% surplus.

Mission

THE ORGANIZATIONS PRIMARY PURPOSE IS TO PROVIDE INSTRUCTION AND ACCESS TO RECREATIONAL SAILING AND BOATING FOR ALL, WITH AN EMPHASIS ON CHILDREN, WITHOUT REGARD TO FINANCIAL STATION, THROUGH PROGRAMS DESIGNED TO BUILD SELF-ESTEEM, BROADEN HORIZONS, AND ADVANCE ENVIRONMENTAL AWARENESS.

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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 $199,737

Program Service Revenue $274,384

Investment Income $1,811

Other Revenue $-783

TOTAL REVENUE $475,149

Expense Breakdown

Grants Paid $55,840

Salaries & Benefits $209,556

Fundraising Expenses $50,007

Program Expenses $322,493

Other Expenses $134,090

TOTAL EXPENSES $404,486

Year-over-Year Comparison

	2023	2022	Change
Revenue	$475,149	$390,682	+0.2%
Expenses	$404,486	$360,770	+0.1%
Net Income	$70,663	$29,912	+1.4%

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

Volunteers

100

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

$128,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN O'FLAHERTY	EXECUTIVE DIRECTOR	40.00	Officer	$118,549	$10,051	$128,600
PAULETTE CARR	TRUSTEE	0.50	Director	$0	$0	$0
CHRIS COLEMAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DOMINGUEZ	TRUSTEE	0.50	Director	$0	$0	$0
JAY FRECHETTE	DIRECTOR	1.00	Director	$0	$0	$0
PETER GENGLER	TRUSTEE	0.50	Director	$0	$0	$0
SAM HALLOWELL	TRUSTEE	0.50	Director	$0	$0	$0
KEITH HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
SARAJANE SM WHITFIED	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MILLS	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN PRIGNANO	TRUSTEE	0.50	Director	$0	$0	$0
BRAYDEN PUDDINGTON	DIRECTOR	1.00	Director	$0	$0	$0
TOM WESLEY	DIRECTOR	1.00	Director	$0	$0	$0
KATE WILSON SOMERS	DIRECTOR	1.00	Director	$0	$0	$0
ABIGAIL SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA PARKS	PRESIDENT	4.00	Officer Director	$0	$0	$0
JOSEPH QUATTROCCHI	TREASURER	4.00	Officer Director	$0	$0	$0
LAUREN BRENNAN	SECRETARY	2.00	Officer 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	$475,149	$404,486	$678,611	$70,663
2022	$390,682	$360,770	$579,287	$29,912
2021	$442,044	$350,659	$586,668	$91,385
2020	$334,731	$304,431	$474,998	$30,300
2019	$283,238	$344,762	$402,187	$-61,524
2018	$313,086	$355,236	$453,770	$-42,150

COMMUNITY BOATING CENTER INC