EDGEWATER YACHT CLUB INC (EIN 340638827) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1928

Legal Domicile

Principal Officer

NICK LUBAR

Phone

2162816470

Tax Period

2023-01-01 to 2023-12-31

EDGEWATER YACHT CLUB INC, founded in 1928, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023.

Mission

TO PROMOTE, PROTECT & ENCOURAGE RESPONSIBLE BOATING AND PROMOTE SOCIABILITY AMONG MEMBERS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,400,208

Investment Income $8,364

Other Revenue $949,179

TOTAL REVENUE $3,357,751

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,803,566

Fundraising Expenses $0

Other Expenses $1,463,251

TOTAL EXPENSES $3,266,817

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,357,751	$3,342,123	+0.0%
Expenses	$3,266,817	$3,073,239	+0.1%
Net Income	$90,934	$268,884	-0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

108

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

$160,893

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK SAFFELL	TRUSTEE	1.00	Director	$0	$0	$0
JIM HEROLD	TRUSTEE	1.00	Director	$0	$0	$0
BOB BENNETT	TRUSTEE	1.00	Director	$0	$0	$0
AUD JUCAITIS	TRUSTEE	1.00	Director	$0	$0	$0
MARC UHRICH	TRUSTEE	1.00	Director	$0	$0	$0
GRETCHEN OLESKI	TRUSTEE/BOARD CHAIRMAN	1.00	Director	$0	$0	$0
TIM GIBBS	TRUSTEE	1.00	Director	$0	$0	$0
RONNIE COPFER	TRUSTEE	1.00	Director	$0	$0	$0
TERRY FORD III	TRUSTEE	1.00	Director	$0	$0	$0
ED FRINDT	TRUSTEE	1.00	Director	$0	$0	$0
MIKE VINING	TRUSTEE	1.00	Director	$0	$0	$0
CHIP SCHAFFNER	TRUSTEE	1.00	Director	$0	$0	$0
ED GARRITY	ACCOUNTANT	5.00	Officer	$28,569	$0	$28,569
KEN BLOCK	REAR COMMODORE	1.00	Officer	$0	$0	$0
JULIA OSBORNE	COMMODORE	1.00	Officer	$0	$0	$0
NICK LUBAR	TREASURER	1.00	Officer	$0	$0	$0
MICHAEL LECHNER	FLEET SURGEON	1.00	Officer	$0	$0	$0
RON WOLFE	GENERAL MANAGER	40.00	Officer	$132,324	$0	$132,324
KAREN FORD	VICE COMMODORE	1.00	Officer	$0	$0	$0
TOM JAMES	FLEET CAPTAIN	1.00	Officer	$0	$0	$0
PAULA COLAHAN-SEDERSTROM	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$3,357,751	$3,266,817	$5,630,290	$90,934
2022	$3,342,123	$3,073,239	$5,840,337	$268,884
2021	$3,029,814	$2,802,494	$4,559,859	$227,320
2020	$2,696,616	$2,413,712	$4,576,238	$282,904

EDGEWATER YACHT CLUB INC