GLADSTONE YACHT CLUB INC

EIN: 380580072

GLADSTONE, MI

Total Revenue
$196,198
Total Expenses
$172,605
Total Assets
$298,349
Net Assets
$294,225
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
MI
Principal Officer
AMANDA HENSLEY
Phone
9064284924
Tax Period
2024-01-01 to 2024-12-31

GLADSTONE YACHT CLUB INC, founded in 1942, is a small nonprofit that reported $196K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $173K left a modest 12% surplus.

Mission

OPERATION OF A SOCIAL CLUB

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,293
Program Service Revenue $0
Investment Income $4,950
Other Revenue $129,955
TOTAL REVENUE $196,198

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,329
Fundraising Expenses $0
Program Expenses $172,605
Other Expenses $103,276
TOTAL EXPENSES $172,605

Year-over-Year Comparison

2024 2023 Change
Revenue $196,198 $174,269 +0.1%
Expenses $172,605 $157,531 +0.1%
Net Income $23,593 $16,738 +0.4%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
11
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RALPH CURRY DIRECTOR N/A
Director
$0 $0 $0
AMANDA HENSLEY TREASURER N/A
Officer Director
$0 $0 $0
JASON MICHEAU DIRECTOR N/A
Director
$0 $0 $0
MARY ANN NELSON SECRETARY N/A
Officer Director
$0 $0 $0
TODD NELSON DIRECTOR N/A
Director
$0 $0 $0
DUSTIN STEMPKE COMMMODORE N/A
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 $196,198 $172,605 $298,349 $23,593
2023 $174,269 $157,531 $272,775 $16,738
2022 $192,593 $162,269 $258,684 $30,324
2021 $181,086 $127,366 $228,285 $53,720
2020 $105,427 $90,085 $170,373 $15,342
2019 $138,179 $115,901 $157,918 $22,278
2018 $123,519 $116,592 $135,009 $6,927
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GLADSTONE YACHT CLUB INC with other nonprofits in Michigan and across the country.