COOPER RIVER YACHT CLUB (EIN 226085423) - 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

1997

Legal Domicile

Principal Officer

FRED SCHAEFER

Phone

8622168246

Tax Period

2023-01-01 to 2023-12-31

COOPER RIVER YACHT CLUB, founded in 1997, is a small nonprofit that reported $155K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $146K left a modest 6% surplus.

Mission

FOSTERING AND DEVELOPING MEMBERS IN YACHTING,BOATING AND SEAMANSHIP THROUGH COMPETITIVE MEETS AND REGATTAS; AND SOCIAL ACTIVITIES AMONG ITS MEMBER AND KINDRED

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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 $99,115

Program Service Revenue $50,000

Investment Income $3

Other Revenue $5,492

TOTAL REVENUE $154,610

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,177

Fundraising Expenses $0

Program Expenses $126,262

Other Expenses $91,329

TOTAL EXPENSES $145,506

Year-over-Year Comparison

	2023	2022	Change
Revenue	$154,610	$140,160	+0.1%
Expenses	$145,506	$125,014	+0.2%
Net Income	$9,104	$15,146	-0.4%

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

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	Role	Reportable Comp	Other Comp	Total
FRED SCHAEFER	COMMODORE	Officer	$0	$0	$0
KAREN HICKEY	VICE COMMODORE	Officer	$0	$0	$0
ALAN STEIN	SECRETARY	Officer	$0	$0	$0
STEPHEN MCDONOUGH	TREASURER	Officer	$0	$0	$0
STEVE CREIGHTON	REAR COMMODORE	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	$154,610	$145,506	$103,177	$9,104
2022	$140,160	$125,014	$96,464	$15,146
2021	$141,854	$111,273	$80,638	$30,581
2020	$103,979	$97,226	$50,057	$6,753
2019	$130,917	$131,603	$43,304	$-686
2018	$120,024	$118,494	$43,990	$1,530

COOPER RIVER YACHT CLUB