BAYSHORE YACHT CLUB

EIN: 381557165

HOLLAND, MI

Total Revenue
$150,898
Total Expenses
$149,709
Total Assets
$99,948
Net Assets
$32,288
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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
MI
Principal Officer
Lisa Miller
Phone
6163999844
Tax Period
2024-01-01 to 2024-12-31

BAYSHORE YACHT CLUB, founded in 1955, is a small nonprofit that reported $151K in total revenue in fiscal year 2024.

Mission

Promote Safe Boating/Socialization of Boaters

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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 (2024)

Revenue Breakdown

Contributions & Grants $56,714
Program Service Revenue $12,423
Investment Income $25
Other Revenue $81,736
TOTAL REVENUE $150,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,321
Fundraising Expenses $0
Program Expenses $6,240
Other Expenses $61,388
TOTAL EXPENSES $149,709

Year-over-Year Comparison

2024 2023 Change
Revenue $150,898 $142,536 +0.1%
Expenses $149,709 $143,575 +0.0%
Net Income $1,189 $-1,039 -2.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
10
Volunteers
50

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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ruth Dailey Secretary 0.00
Officer
$0 $0 $0
SCOTT WILLIAMS Vice President 0.00
Officer
$0 $0 $0
LISA MILLER Treasurer 0.00
Officer
$0 $0 $0
GARRY PHILLIPS President 0.00
Officer
$0 $0 $0
KIM VANDERMOLEN Director 0.00
Director
$0 $0 $0
KEN ZALNIS Director 0.00
Director
$0 $0 $0
RANDY TERPSTRA SECOND VP 0.00
Officer
$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 $150,898 $149,709 $99,948 $1,189
2023 $142,536 $143,575 $89,658 $-1,039
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