SURF CITY YACHT CLUB (EIN 226017542) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Phone

6094941532

Tax Period

2023-01-01 to 2023-12-31

SURF CITY YACHT CLUB, founded in 1946, is a small nonprofit that reported $713K in total revenue in fiscal year 2023. Expenses of $682K left a modest 4% surplus.

Mission

OUR MISSION IS TO OFFER OUR MEMBERS AND THE COMMUNITY AN OPPORTUNITY TO ENJOY SAILING AND BOATING ALONG THE ATLANTIC OCEAN AND INLETS. WE PRIMARILY ACHIEVE OUR MISSION BY PROVIDING INSTRUCTIONAL CLASSES FOR THE MEMBERS AND OUR COMMUNITY ALONG WITH PROVIDING BOAT SLIPS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $358,158

Program Service Revenue $325,010

Investment Income $0

Other Revenue $29,446

TOTAL REVENUE $712,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $227,832

Fundraising Expenses $6,671

Other Expenses $454,141

TOTAL EXPENSES $681,973

Year-over-Year Comparison

	2023	2022	Change
Revenue	$712,614	$695,367	+0.0%
Expenses	$681,973	$635,053	+0.1%
Net Income	$30,641	$60,314	-0.5%

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

Governance

Voting Members

162

Independent Members

162

Employees

Volunteers

162

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
SUSAN MALTA	Commodore	15.00	Officer Director	$0	$0	$0
RAY ROSSIGNOL	VICE COMMODORE	10.00	Officer Director	$0	$0	$0
CHARLES WARDWELL	REAR COMMODORE	5.00	Officer Director	$0	$0	$0
TIMOTHY ROBINSON	Treasurer	0.00	Officer Director	$0	$0	$0
ROY HIBBERD	Secretary	0.00	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	$712,614	$681,973	$678,209	$30,641
2022	$695,367	$635,053	$670,449	$60,314
2021	$614,630	$544,510	$656,180	$70,120
2020	$431,755	$409,554	$517,117	$22,201
2019	$490,753	$489,368	$500,845	$1,385
2018	$523,736	$487,338	$524,138	$36,398

SURF CITY YACHT CLUB