BUCKEYE LAKE YACHT CLUB INC (EIN 316010814) - 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

1906

Legal Domicile

Principal Officer

WILLIAM COLLISON

Phone

7409299941

Tax Period

2023-09-01 to 2024-08-31

BUCKEYE LAKE YACHT CLUB INC, founded in 1906, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $672K, a strong 28% operating margin.

Mission

SOCIAL CLUB FORMED TO PROMOTE SAILING AND BOATING THROUGH EDUCATION, TRAINING AND COMPETITIVE RACING.

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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 $29,572

Program Service Revenue $2,370,853

Investment Income $18,525

Other Revenue $-11,326

TOTAL REVENUE $2,407,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $687,665

Fundraising Expenses $0

Other Expenses $1,048,235

TOTAL EXPENSES $1,735,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,407,624	$2,040,638	+0.2%
Expenses	$1,735,900	$1,649,741	+0.1%
Net Income	$671,724	$390,897	+0.7%

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

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 HAMILTON	TRUSTEE	5.00	Officer Director	$0	$0	$0
MARK PYLE	TRUSTEE	5.00	Director	$0	$0	$0
BRUCE AMES	TRUSTEE	5.00	Director	$0	$0	$0
MARK RUSSELL	TRUSTEE	5.00	Director	$0	$0	$0
CHARLIE CAMPBELL	TRUSTEE	5.00	Director	$0	$0	$0
JOEL GABOR	GOVERNOR	0.50	Officer	$0	$0	$0
MIKE PEREZ	GOVERNOR	0.50	Officer	$0	$0	$0
MIKE BRUCKELMEYER	COMMODORE	2.00	Officer	$0	$0	$0
BILL COLLISON	VICE COMMODORE	2.00	Officer	$0	$0	$0
RICKY SUE GRUNDEN	GOVERNOR	0.50	Officer	$0	$0	$0
STEPHANIE DOLAN	GOVERNOR	0.50	Officer	$0	$0	$0
VIC SCHROEDER	REAR COMMODORE	0.50	Officer	$0	$0	$0
DEAN PICKETT	GOVERNOR	0.50	Officer	$0	$0	$0
BOB HEGEDUS	GOVERNOR	0.50	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	$2,407,624	$1,735,900	$6,198,370	$671,724
2023	$2,040,638	$1,649,741	$4,890,020	$390,897
2022	$1,778,300	$1,478,979	$4,179,180	$299,321
2021	$1,605,017	$1,292,419	$3,695,400	$312,598
2020	$1,304,123	$1,061,462	$3,497,302	$242,661
2019	$1,251,722	$1,049,585	$2,986,940	$202,137
2018	$1,064,244	$980,699	$2,727,605	$83,545

BUCKEYE LAKE YACHT CLUB INC