LASER REGATTA SQUADRON

EIN: 237372614

Hermitage, TN

Total Revenue
$189,362
Total Expenses
$145,591
Total Assets
$256,966
Net Assets
$255,096
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
TN
Principal Officer
TRACY TAYLOR
Phone
6152891488
Tax Period
2021-04-01 to 2022-03-31

LASER REGATTA SQUADRON, founded in 1963, is a small nonprofit that reported $189K in total revenue in fiscal year 2021. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $44K, a strong 23% operating margin.

Mission

SAILBOAT TRAINING, RACING, CRUISING AND SOCIAL EVENTS FOR SAILORS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $189,362
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $189,362

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $140,319
Other Expenses $145,591
TOTAL EXPENSES $145,591

Year-over-Year Comparison

2021 2020 Change
Revenue $189,362 $112,032 +0.7%
Expenses $145,591 $124,440 +0.2%
Net Income $43,771 $-12,408 -4.5%
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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
55

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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM MILLIMAN BOARD MEMBER 005.00
Director
$0 $0 $0
RAY MARLEY COMMODORE 020.00
Director
$0 $0 $0
GREG THERIOT REAR COMMODORE 005.00
Director
$0 $0 $0
VALENIA NELSON SENIOR GOVERNOR 005.00
Director
$0 $0 $0
ELIZABETH PORTER JR BOARD MEMBER 005.00
Director
$0 $0 $0
TRACY TAYLOR TREASURER 020.00
Director
$0 $0 $0
BRIAN SMOKLER SECRETARY 005.00
Director
$0 $0 $0
JULIE BOLILNGER VICE COMMODORE 005.00
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
2022 $189,362 $145,591 $256,966 $43,771
2021 $112,032 $124,440 $213,665 $-12,408
2020 $132,554 $117,914 $225,226 $14,640
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LASER REGATTA SQUADRON with other nonprofits in Tennessee and across the country.