THE CRYSTAL LAKE YACHT CLUB OF FRANKFORT MICHIGAN

EIN: 381246558

FRANKFORT, MI

Total Revenue
$249,733
Total Expenses
$233,585
Total Assets
$737,852
Net Assets
$722,090
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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
MI
Principal Officer
REED BRELAND
Phone
9706890201
Tax Period
2025-01-01 to 2025-12-31

THE CRYSTAL LAKE YACHT CLUB OF FRANKFORT MICHIGAN, founded in 1931, is a small nonprofit that reported $250K in total revenue in fiscal year 2025. Expenses of $234K left a modest 6% surplus.

Mission

SAILING & SOCIAL CLUB

Program Service Accomplishments

Program 1

PROVIDES OPPORTUNITIE FOR FAMILIES TO SAIL AND SOCIALIZE AROUND SAILING ACTIVITIES, INSTRUCTS ADULTS AND CHILDREN ON HOW TO SAIL, REWARDS MEMBERS WITH TROPHIES.

Program 2

ANNUAL DINNERS TO PROVIDE OPPORTUNITIES FOR MEMBERS TO SHARE SAILING INTERESTS.

Program 3

JUNIOR FLEET TEACHES YOUNG MEMBERS HOW TO SAIL.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $15,015
Program Service Revenue $217,709
Investment Income $900
Other Revenue $16,109
TOTAL REVENUE $249,733

Expense Breakdown

Grants Paid $0
Salaries & Benefits $92,140
Fundraising Expenses $0
Other Expenses $141,445
TOTAL EXPENSES $233,585

Year-over-Year Comparison

2025 2024 Change
Revenue $249,733 $257,753 0.0%
Expenses $233,585 $261,794 -0.1%
Net Income $16,148 $-4,041 -5.0%
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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Governance

Voting Members
9
Independent Members
9
Employees
13
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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REED BRELAND TREASURER N/A
Officer Director
$0 $0 $0
JAN FIOLA DIRECTOR N/A
Director
$0 $0 $0
JUDY GROULX DIRECTOR N/A
Director
$0 $0 $0
MISSY MCCORMICK SECRETARY N/A
Officer Director
$0 $0 $0
JIM MCMILLIAN DIRECTOR N/A
Director
$0 $0 $0
KENT MORRIS TREASURER N/A
Officer Director
$0 $0 $0
GAIL OLSEN VICE COMMODO N/A
Officer Director
$0 $0 $0
MARVIN PETERSON FLEET CAPTAI N/A
Officer Director
$0 $0 $0
ANNE CUNNINGHAM PUGH DIRECTOR N/A
Director
$0 $0 $0
HANNAH SMITH DIRECTOR N/A
Director
$0 $0 $0
GRETA WILLIAMS DIRECTOR N/A
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 $249,733 $233,585 $737,852 $16,148
2024 $257,753 $261,794 $720,628 $-4,041
2023 $258,397 $301,823 $717,139 $-43,426
2022 $227,496 $218,350 $719,126 $9,146
2021 $181,013 $171,798 $699,466 $9,215
2020 $146,500 $135,153 $611,940 $11,347
2019 $194,286 $188,589 $608,184 $5,697
2018 $171,149 $166,354 $594,320 $4,795
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