S2 YACHTS INC VEBA TRUST

EIN: 382747650

HOLLAND, MI

Total Revenue
$5,161,761
Total Expenses
$5,062,544
Total Assets
$101,117
Net Assets
$101,117
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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
1979
Legal Domicile
MI
Principal Officer
ROBERT SLIKKERS
Phone
6163927163
Tax Period
2023-01-01 to 2023-12-31

S2 YACHTS INC VEBA TRUST, founded in 1979, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

NONE

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,165,650
Investment Income $0
Other Revenue $3,996,111
TOTAL REVENUE $5,161,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,062,544
Other Expenses $945,095
TOTAL EXPENSES $5,062,544

Year-over-Year Comparison

2023 2022 Change
Revenue $5,161,761 $4,393,433 +0.2%
Expenses $5,062,544 $4,971,397 +0.0%
Net Income $99,217 $-577,964 -1.2%
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
3
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SLIKKERS TRUSTEE 0.00
Director
$0 $0 $0
DAVID SLIKKERS TRUSTEE 0.00
Director
$0 $0 $0
THOMAS SLIKKERS TRUSTEE 0.00
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 $5,161,761 $5,062,544 $101,117 $99,217
2022 $4,393,433 $4,971,397 $1,900 $-577,964
2021 $4,504,525 $4,560,248 $579,864 $-55,723
2020 $3,638,166 $3,567,690 $635,587 $70,476
2019 $4,457,275 $3,893,507 $565,111 $563,768
2018 $6,546,110 $6,545,938 $1,343 $172
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