CASSOPOLIS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DIAMOND LAKE YACHT CLUB, founded in 1938, is a small nonprofit that reported $323K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 28% operating margin.
ORIGINALLY ORGANIZED AS A SAILING CLUB, DLYC HAS BROADENED ITS PURPOSE TO INCLUDE FOUR BASIC AREAS OF INTEREST: SAILING, YOUTH DEVELOPMENT, LAKE PRESERVATION AND SOCIAL ACTIVITIES FOR MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $322,619 | $167,807 | +0.9% |
| Expenses | $231,526 | $140,518 | +0.6% |
| Net Income | $91,093 | $27,289 | +2.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARIANNE TROTTER | COMMODORE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID BOLEN | VICE COMMODORE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STANLEY J BLENKE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARILYN QUACKENBUSH | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY USHER | REAR COMMODORE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JACQUELINE E BANKOWSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINE BUCZYNSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK BYRNE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS COUNTS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BARRY FELTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLIE GALLAGHER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL GUINANE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE HABERKORN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEANETTE HAMEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUE HEINRICH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HALEY KLAUER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROSEMARY LEONARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SALLY MALONE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM NOLAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| VIRGINIA RAPP | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL STOLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $322,619 | $231,526 | $516,653 | $91,093 |
Compare DIAMOND LAKE YACHT CLUB with other nonprofits in Michigan and across the country.