DES MOINES YACHT CLUB OF DES MOINES WA (EIN 237108958) - 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

1976

Legal Domicile

Phone

2068787220

Tax Period

2024-01-01 to 2024-12-31

DES MOINES YACHT CLUB OF DES MOINES WA, founded in 1976, is a small nonprofit that reported $329K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $292K left a modest 11% surplus.

Mission

PROVIDE SERVICES AND EVENTS FOR MEMBERS WHO ENJOY BOATING AND YACHTING THROUGHOUT THE PUGET SOUND

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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 (2024)

Revenue Breakdown

Contributions & Grants $166,574

Program Service Revenue $148,496

Investment Income $1,170

Other Revenue $12,348

TOTAL REVENUE $328,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $270,688

Other Expenses $292,028

TOTAL EXPENSES $292,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$328,588	$348,111	-0.1%
Expenses	$292,028	$322,209	-0.1%
Net Income	$36,560	$25,902	+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

N/A

Employees

N/A

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
CHUCK RIESS	MEMBERSHIP	5.00	Director	$0	$0	$0
KEN DRYDEN	TRUSTEE	2.00	Director	$0	$0	$0
MIKE HAVERLY	TRUSTEE	2.00	Director	$0	$0	$0
COLTON LUTZ	TRUSTEE	2.00	Director	$0	$0	$0
TOM JOHNSON	TRUSTEE	2.00	Director	$0	$0	$0
DOUG SCOTT	TRUSTEE	2.00	Director	$0	$0	$0
RICHARD SWINGLER	TRUSTEE	2.00	Director	$0	$0	$0
DEBBIE MINNTI	COMMODORE	15.00	Officer	$0	$0	$0
PEGGY CLAAR	VICE COMMODORE	7.00	Officer	$0	$0	$0
DAN WAHLSTROM	REAR COMMODORE	3.00	Officer	$0	$0	$0
CRAIG ENG	FLEET CAPTAIN	3.00	Officer	$0	$0	$0
BRAD NEIL	TREASURER	8.00	Officer	$0	$0	$0
BRIAN WOOD	SECRETARY	3.00	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
2024	$328,588	$292,028	$861,930	$36,560
2023	$348,111	$322,209	$816,266	$25,902
2022	$302,884	$291,021	$795,410	$11,863
2021	$272,255	$272,717	$771,443	$-462
2020	$270,311	$258,311	$773,920	$12,000
2019	$277,744	$267,382	$760,343	$10,362
2018	$264,747	$263,270	$803,276	$1,477

DES MOINES YACHT CLUB OF DES MOINES WA