FORD YACHT CLUB INC (EIN 381686906) - 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

1947

Legal Domicile

Principal Officer

THOMAS MACDONALD

Phone

7346768422

Tax Period

2024-01-01 to 2024-12-31

FORD YACHT CLUB INC, founded in 1947, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $932K, a strong 48% operating margin.

Mission

DEVELOP, MANAGE A PRIVATE YACHT HARBOUR, BOAT SERVICES & ACQUIRES AND MAINTAINS PROPERTY REQUIRED FOR THE USE OF FACILITIES. PROVIDE A PROGRAM OF SOCIAL AND EDUCATIONAL ACTIVITIES ON A CO-OPERATIVE BASIS AT THE LOWEST LEVEL POSSIBLE COST

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,789,832

Program Service Revenue $376,562

Investment Income $0

Other Revenue $-221,615

TOTAL REVENUE $1,944,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,904

Fundraising Expenses $0

Other Expenses $838,511

TOTAL EXPENSES $1,012,415

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,944,779	$1,028,759	+0.9%
Expenses	$1,012,415	$914,862	+0.1%
Net Income	$932,364	$113,897	+7.2%

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
SHARON HARPER	REAR COMMODORE	6.00	Director	$0	$0	$0
DAIVD TESORERO	COMMODORE	6.00	Director	$0	$0	$0
BRIAN STONE	DIRECTOR	6.00	Director	$0	$0	$0
RICH BROWER	DIRECTOR	6.00	Director	$0	$0	$0
PATRICK SMITHBAUER	DIRECTOR	6.00	Director	$0	$0	$0
LARRY STRASSER	DIRECTOR	6.00	Director	$0	$0	$0
RANDY RANKIN	DIRECTOR	6.00	Director	$0	$0	$0
THOMAS MACDONALD	CHAIRMAN OF THE BOARD	6.00	Director	$0	$0	$0
JOHN DALESSANDRO	DIRECTOR	6.00	Director	$0	$0	$0
BRIAN MEAKIN	DIRECTOR	6.00	Director	$0	$0	$0
SHANNON PRICE	VICE COMMODORE	6.00	Director	$0	$0	$0
HEATH BOGART	SECRETARY	6.00	Officer	$0	$0	$0
GERRY GATT	TREASURER	6.00	Officer	$0	$0	$0
KEVIN WILSON	CONTROLLER	6.00	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
2024	$1,944,779	$1,012,415	$7,432,764	$932,364
2023	$1,028,759	$914,862	$7,274,059	$113,897
2022	$1,190,972	$1,067,364	$6,045,877	$123,608
2021	$980,790	$923,889	$7,115,717	$56,901
2021	$980,189	$923,889	$7,115,717	$56,300
2020	$957,815	$797,142	$6,144,847	$160,673
2020	$957,815	$797,142	$6,144,847	$160,673

FORD YACHT CLUB INC