DIAMOND LAKE YACHT CLUB

EIN: 386085405

CASSOPOLIS, MI

Total Revenue
$322,619
Total Expenses
$231,526
Total Assets
$516,653
Net Assets
$515,949
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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
1938
Legal Domicile
MI
Principal Officer
STANLEY BLENKE
Phone
5742866711
Tax Period
2023-11-01 to 2024-10-31

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.

Mission

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.

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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 $214,519
Program Service Revenue $104,550
Investment Income $886
Other Revenue $2,664
TOTAL REVENUE $322,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,781
Fundraising Expenses $0
Other Expenses $186,745
TOTAL EXPENSES $231,526

Year-over-Year Comparison

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%
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
21
Independent Members
N/A
Employees
5
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
5
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $322,619 $231,526 $516,653 $91,093
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