HIGH BAR HARBOR YACHT CLUB CONDOMINIUM ASSOCIATION INC (EIN 223002839) - 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

1989

Legal Domicile

Principal Officer

BOB CAMPBELL

Phone

6094948801

Tax Period

2025-01-01 to 2025-12-31

HIGH BAR HARBOR YACHT CLUB CONDOMINIUM ASSOCIATION INC, founded in 1989, is a small nonprofit that reported $651K in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. Net assets of $2.3M represent 42 months of operating reserves.

Mission

OPERATES SOCIAL CLUB AND BOATING FACILITY FOR MEMBERS OF A PURELY RECREATIONAL AND SOCIAL CONTEXT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $636,318

Investment Income $10,431

Other Revenue $4,300

TOTAL REVENUE $651,049

Expense Breakdown

Grants Paid $0

Salaries & Benefits $211,314

Fundraising Expenses $0

Other Expenses $447,180

TOTAL EXPENSES $658,494

Year-over-Year Comparison

	2025	2024	Change
Revenue	$651,049	$600,829	+0.1%
Expenses	$658,494	$593,120	+0.1%
Net Income	$-7,445	$7,709	-2.0%

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

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
DAVID HALL	PRESIDENT	1.00	Officer Director	$0	$0	$0
PETER SNIECKUS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BOB CAMPBELL	TREASURER	1.00	Officer Director	$0	$0	$0
WILLARD MILBY	SECRETARY	1.00	Officer Director	$0	$0	$0
RICH ERICSSON	BOARD MEMBER	1.00	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
2025	$651,049	$658,494	$2,436,828	$-7,445
2024	$600,829	$593,120	$2,443,815	$7,709
2023	$570,180	$600,107	$2,434,761	$-29,927
2022	$568,449	$496,585	$2,466,122	$71,864
2021	$577,526	$548,130	$2,392,451	$29,396
2020	$587,853	$487,839	$2,363,055	$100,014
2019	$582,943	$461,711	$2,263,041	$121,232
2018	$581,157	$465,581	$2,141,809	$115,576

HIGH BAR HARBOR YACHT CLUB CONDOMINIUM ASSOCIATION INC