THE LAWSON BOATING HERITAGE CENTER ON CHAUTAUQUA LAKE (EIN 273571294) - 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

RICHARD C JOHNSON

Phone

7163863355

Tax Period

2024-01-01 to 2024-12-31

THE LAWSON BOATING HERITAGE CENTER ON CHAUTAUQUA LAKE, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $314K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $222K, a strong 71% operating margin.

Mission

LOVING BOATS SINCE 1918. OUR MISSION IS TO CELEBRATE THE HISTORY OF BOATING ON CHAUTAUQUA LAKE, TO PRESERVE THE LAWSON FAMILYS LEGACY, AND TO SHARE CHAUTAUQUA LAKES REGIONAL HISTORY.

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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 $282,987

Program Service Revenue $0

Investment Income $1,690

Other Revenue $29,625

TOTAL REVENUE $314,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $82,972

Other Expenses $92,649

TOTAL EXPENSES $92,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,302	$254,741	+0.2%
Expenses	$92,649	$98,227	-0.1%
Net Income	$221,653	$156,514	+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

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

$4,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY KERR	TRUSTEE	2.00	Director	$0	$0	$0
SHARON GRAPER	TRUSTEE	3.00	Director	$0	$0	$0
RAE LYNN DEANGELO	TRUSTEE	3.00	Director	$4,150	$0	$4,150
MAUREEN STAHLEY	TRUSTEE	2.00	Director	$0	$0	$0
DEBORAH WEHRFRITZ	TRUSTEE	5.00	Director	$0	$0	$0
RICHARD C JOHNSON	TREASURER	5.00	Officer Director	$0	$0	$0
MAX PICKARD	SECRETARY	3.00	Officer Director	$0	$0	$0
GEORGE KERR	PRESIDENT	10.00	Officer Director	$0	$0	$0
LARRY DIGGS	TRUSTEE	3.00	Director	$0	$0	$0
RICHARD A SHICK	VICE-PRESIDENT	3.00	Officer Director	$0	$0	$0
PATRICIA BALDWIN	TRUSTEE	5.00	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	$314,302	$92,649	$1,269,869	$221,653
2023	$254,741	$98,227	$1,072,703	$156,514
2022	$288,351	$103,134	$1,099,965	$185,217
2021	$160,541	$106,856	$1,152,126	$53,685
2020	$89,032	$95,706	$1,118,967	$-6,674
2019	$146,417	$124,671	$1,150,257	$21,746
2018	$179,592	$114,136	$1,144,252	$65,456

THE LAWSON BOATING HERITAGE CENTER ON CHAUTAUQUA LAKE