WAWASEE YACHT CLUB INC (EIN 351703105) - 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

1931

Legal Domicile

Principal Officer

Stephen Wolfer

Phone

2603486906

Tax Period

2023-01-01 to 2023-12-31

WAWASEE YACHT CLUB INC, founded in 1931, is a small nonprofit that reported $117K in total revenue in fiscal year 2023. Net assets of $567K represent 58 months of operating reserves.

Mission

Foster, promote and encourage the sport of sailboat racing and to promote the science of seamanship. During the season, WYC is home to four competitive one-design fleets, a successful junior sailing program, and hosts a number of premier regattas.

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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 $68,487

Program Service Revenue $48,257

Investment Income $4

Other Revenue $220

TOTAL REVENUE $116,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,653

Fundraising Expenses $0

Program Expenses $35,705

Other Expenses $110,854

TOTAL EXPENSES $124,507

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,968	$109,066	+0.1%
Expenses	$124,507	$123,031	+0.0%
Net Income	$-7,539	$-13,965	-0.5%

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
Mike Blackwell	Commodore	5	Officer Director	$0	$0	$0
Dave Newcomer	Vice Commodore	5	Officer Director	$0	$0	$0
Betsy Berry	Rear Commodore	3.00	Officer Director	$0	$0	$0
Bradey Wright	Member at Large	5	Officer Director	$0	$0	$0
Stephen Wolfer	Treasurer	8	Officer Director	$0	$0	$0
John McClain	Secretary	5	Officer Director	$0	$0	$0
Casey Call	Race Chairman	5	Officer Director	$0	$0	$0
Ralph Smith	Building & Grounds	5	Officer Director	$0	$0	$0
Andrew Allen	Docks & Harbor	5	Officer Director	$0	$0	$0
Jeffrey Schmahl	Junior Sailing	5	Officer Director	$0	$0	$0
Amanda Yoder	Social Events	5	Officer 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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$116,968	$124,507	$568,750	$-7,539
2022	$109,066	$123,031	$558,174	$-13,965
2021	$141,343	$125,374	$600,876	$15,969
2020	$257,942	$93,673	$566,626	$164,269

WAWASEE YACHT CLUB INC