BLACKBEARD SAILING CLUB LTD (EIN 237364273) - 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

1972

Legal Domicile

Principal Officer

STEPHANIE DAVIES

Phone

9495335543

Tax Period

2024-01-01 to 2024-12-31

BLACKBEARD SAILING CLUB LTD, founded in 1972, is a small nonprofit that reported $397K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 36% operating margin.

Mission

THE CLUB WAS ORGANIZED TO ACQUIRE, OWN, DEVELOP, CONSTRUCT, OPERATE AND MAINTAIN A PRIVATE SAILING CLUB WITH DINING, RESIDENTIAL, RECREATIONAL AND MARINA FACILITIES AND TO PURCHASE AND SELL BOATING ACCESSORIES AND MARINE PRODUCTS FOR THE COMFORT, CONVENIENCE, AND PLEASURE OF MEMBERS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $75,200

Program Service Revenue $320,075

Investment Income $770

Other Revenue $629

TOTAL REVENUE $396,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $231,251

Other Expenses $252,511

TOTAL EXPENSES $252,511

Year-over-Year Comparison

	2024	2023	Change
Revenue	$396,674	$273,821	+0.4%
Expenses	$252,511	$211,799	+0.2%
Net Income	$144,163	$62,022	+1.3%

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

Independent Members

Employees

N/A

Volunteers

N/A

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
JEFF SCROGGS	DIRECTOR	20.00	Director	$0	$0	$0
JEFF THOMAS	DIRECTOR	20.00	Director	$0	$0	$0
JEREMY LERAY	DIRECTOR	20.00	Director	$0	$0	$0
RICK CRITSER	DIRECTOR	20.00	Director	$0	$0	$0
CLIFTON GAME	DIRECTOR	20.00	Director	$0	$0	$0
ARCH ALTMAN	COMMODORE	20.00	Officer	$0	$0	$0
MARK HITTNER	VICE COMMODORE	20.00	Officer	$0	$0	$0
LUANN PARINS	REAR COMMODORE	20.00	Officer	$0	$0	$0
CATIE ROCHE	SECRETARY	20.00	Officer	$0	$0	$0
STEPHANIE DAVIES	TREASURER	20.00	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	$396,674	$252,511	$1,647,535	$144,163
2023	$276,665	$211,799	$1,502,543	$64,866
2022	$398,936	$219,118	$1,458,369	$179,818
2021	$389,468	$367,664	$1,414,368	$21,804
2020	$401,894	$366,247	$1,559,091	$35,647
2018	$234,581	$186,979	$2,348,067	$47,602
2017	$242,059	$162,593	$1,105,810	$79,466

BLACKBEARD SAILING CLUB LTD