NEW YORK YACHT CLUB REGATTA ASSOCIATION (EIN 273406180) - 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

KENNETH P URBAN

Phone

2123821000

Tax Period

2023-01-01 to 2023-12-31

NEW YORK YACHT CLUB REGATTA ASSOCIATION, founded in 2010, is a community nonprofit in the Recreation & Sports sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 11% surplus.

Mission

TO PROMOTE AMATEUR SAILING COMPETITION BY CONDUCTING REGIONAL, NATIONAL AND INTERNATIONAL REGATTAS AND RACES, PROVIDING TRAINING, CONDUCTING CONFERENCES AND MEETINGS, AND PROVIDING GRANTS AND SERVICES IN FURTHERANCE THEREOF, AND TO SOLICIT, COLLECT AND EXPEND FUNDS FOR SUCH PURPOSES.

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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 $285,000

Program Service Revenue $1,721,016

Investment Income $0

Other Revenue $6,909

TOTAL REVENUE $2,012,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,528,896

Other Expenses $1,787,012

TOTAL EXPENSES $1,787,012

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,012,925	$1,270,177	+0.6%
Expenses	$1,787,012	$1,527,818	+0.2%
Net Income	$225,913	$-257,641	-1.9%

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

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
JAMES F WILSON	PRESIDENT	3.00	Officer Director	$0	$0	$0
BENJAMIN E KINNEY	VICE PRESIDENT - SAILING	3.00	Officer Director	$0	$0	$0
JOHN A VINCZE	VICE PRESIDENT - SPONSORSH	3.00	Officer Director	$0	$0	$0
STEVEN A WOLFF	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
MASON R CHRISMAN	SECRETARY	3.00	Officer Director	$0	$0	$0
KENNETH P URBAN	TREASURER	3.00	Officer Director	$0	$0	$0
L JAY CROSS	DIRECTOR	3.00	Director	$0	$0	$0
MARIE KLOK CRUMP	DIRECTOR	3.00	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
2024	No data	No data	No data	No data
2023	$2,012,925	$1,787,012	$682,391	$225,913
2022	$1,270,177	$1,527,818	$1,019,602	$-257,641
2021	$1,482,419	$1,557,068	$782,002	$-74,649
2020	$390,475	$388,500	$922,586	$1,975
2019	$2,520,611	$2,320,550	$605,347	$200,061
2018	$1,294,384	$1,208,557	$901,196	$85,827

NEW YORK YACHT CLUB REGATTA ASSOCIATION