CONNECTICUT BOAT CLUB INC (EIN 273276437) - 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

2010

Legal Domicile

Principal Officer

STEVEN BUSBY

Phone

4156995376

Tax Period

2024-07-01 to 2025-06-30

CONNECTICUT BOAT CLUB INC, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $634K in total revenue in fiscal year 2024.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE,EDUCATIONAL AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE(OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE)INCLUDING, BUT NOT LIMITED TO SUPPORT AND DEVELOP AMATEUR ATHLETES FOR NATIONAL AND INTERNATIONAL ROWING COMPETITIONS AND FOSTER AND PROMOTE THE SPORT OF ROWING AT THE REGIONAL,NATIONAL AND INTERNATIONAL LEVELS

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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 $29,440

Program Service Revenue $604,755

Investment Income $0

Other Revenue $0

TOTAL REVENUE $634,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $594,140

Other Expenses $684,291

TOTAL EXPENSES $684,291

Year-over-Year Comparison

	2024	2023	Change
Revenue	$634,195	$633,339	+0.0%
Expenses	$684,291	$591,530	+0.2%
Net Income	$-50,096	$41,809	-2.2%

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

$70,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SPENCER WENECK	PRESIDENT AND DIRECTOR	1.00	Officer Director	$0	$0	$0
LIZABETH TROND	HEAD COACH AND DIRECTOR	40.00	Director	$0	$0	$70,000
JIM SWEITZER	DIRECTOR	10.00	Director	$0	$0	$0
ROBIN NELSON	DIRECTOR	1.00	Director	$0	$0	$0
YAN KHAMISH	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN BUSBY	TREASURER AND DIRECTOR	2.00	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
2025	$634,195	$684,291	$402,602	$-50,096
2024	$633,339	$591,530	$473,488	$41,809
2023	$537,766	$520,483	$425,300	$17,283
2022	$427,119	$512,506	$435,905	$-85,387
2021	$497,116	$448,575	$475,454	$48,541
2020	$481,922	$443,670	$426,913	$38,252
2019	$530,248	$522,629	$373,036	$7,619

CONNECTICUT BOAT CLUB INC