HURON YACHT CLUB (EIN 341342590) - 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

1955

Legal Domicile

Principal Officer

RICK SORBO

Phone

4194333113

Tax Period

2024-10-01 to 2025-09-30

HURON YACHT CLUB, founded in 1955, is a small nonprofit that reported $578K in total revenue in fiscal year 2024. Expenses of $661K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE HURON YACHT CLUB OFFERS SERVICES TO MEMBERS INCLUDING A FULL SERVICE RESTAURANT AND BAR BOAT DOCK AND EVENTS.

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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 $222,635

Program Service Revenue $14,022

Investment Income $0

Other Revenue $341,700

TOTAL REVENUE $578,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $340,495

Fundraising Expenses $0

Other Expenses $320,991

TOTAL EXPENSES $661,486

Year-over-Year Comparison

	2024	2023	Change
Revenue	$578,357	N/A	N/A
Expenses	$661,486	N/A	N/A
Net Income	$-83,129	N/A	N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE GOOD	REAR COMMODORE	5.00	Officer Director	$0	$0	$0
MISSI MONAK	DIRECTOR	4.00	Director	$0	$0	$0
FLOYD PHILLIPS	DIRECTOR	4.00	Director	$0	$0	$0
WILLIAM BIDDLECOMBE	VICE COMMODORE	5.00	Director	$0	$0	$0
ROLLAND KRUEGER	COMMODORE	5.00	Officer Director	$0	$0	$0
PATRICK HOLLAND	DIRECTOR	4.00	Director	$0	$0	$0
JANET BLAHNICK	SECRETARY	5.00	Officer Director	$0	$0	$0
MARK FENWICK	DIRECTOR	4.00	Director	$0	$0	$0
RICK BLAHNIK	DIRECTOR	4.00	Director	$0	$0	$0
RICK SORBO	TREASURER	5.00	Officer Director	$0	$0	$0
DAVE FINGER	PAST COMMODORE	5.00	Officer Director	$0	$0	$0
JUDY REESE	DIRECTOR	4.00	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
2025	$578,357	$661,486	$487,716	$-83,129
2024	$596,445	$710,539	$593,494	$-114,094
2023	$623,156	$630,466	$648,618	$-7,310
2022	$577,935	$535,120	$652,798	$42,815
2021	$558,194	$440,426	$634,528	$117,768

HURON YACHT CLUB