TORCH LAKE YACHT & COUNTRY CLUB (EIN 381288016) - 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

ADAM THAYER

Phone

2317149667

Tax Period

2023-01-01 to 2023-12-31

TORCH LAKE YACHT & COUNTRY CLUB, founded in 1928, is a small nonprofit that reported $266K in total revenue in fiscal year 2023. Net assets of $781K represent 35 months of operating reserves.

Mission

N/A

🔒

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 $1,000

Program Service Revenue $252,823

Investment Income $73

Other Revenue $12,278

TOTAL REVENUE $266,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,590

Fundraising Expenses $0

Other Expenses $210,598

TOTAL EXPENSES $272,188

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,174	$268,925	0.0%
Expenses	$272,188	$285,800	0.0%
Net Income	$-6,014	$-16,875	-0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIZ ALEXANDER	DIRECTOR	N/A	Director	$0	$0	$0
KRIS HALLETT	REAR COMMODO	N/A	Officer Director	$0	$0	$0
ANNIE HARRIS-LEREW	DIRECTOR	N/A	Director	$0	$0	$0
MARY JOHNSON	COMMODORE	N/A	Officer Director	$0	$0	$0
TYE NORDBERG	VICE COMMODO	N/A	Officer Director	$0	$0	$0
BETSY POWELL	SECRETARY	N/A	Officer Director	$0	$0	$0
DAVID SAWIN	DIRECTOR	N/A	Director	$0	$0	$0
DAVE SCHULZE	DIRECTOR	N/A	Director	$0	$0	$0
ADAM THAYER	TREASURER	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
2024	No data	No data	No data	No data
2023	$266,174	$272,188	$793,258	$-6,014
2022	$268,925	$285,800	$809,669	$-16,875
2021	$271,818	$289,849	$818,968	$-18,031
2020	$217,866	$238,965	$838,054	$-21,099
2019	$245,985	$250,480	$857,687	$-4,495
2018	$252,433	$252,604	$860,443	$-171

TORCH LAKE YACHT & COUNTRY CLUB