WYANDOTTE BOAT CLUB

EIN: 386095425 501(c)(3)

WYANDOTTE, MI

Total Revenue
$262,383
Total Expenses
$237,844
Total Assets
$1,788,153
Net Assets
$1,784,713
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1943
Legal Domicile
MI
Principal Officer
FRED MEKOLON
Phone
7342845560
Tax Period
2024-01-01 to 2024-12-31

WYANDOTTE BOAT CLUB, founded in 1943, is a small nonprofit that reported $262K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $238K left a modest 9% surplus.

Mission

SUPPORT FOR YOUTH AMATEUR ROWING

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $31,262
Program Service Revenue $75,502
Investment Income $59,407
Other Revenue $96,212
TOTAL REVENUE $262,383

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,013
Fundraising Expenses $0
Program Expenses $92,401
Other Expenses $183,831
TOTAL EXPENSES $237,844

Year-over-Year Comparison

2024 2023 Change
Revenue $262,383 $229,711 +0.1%
Expenses $237,844 $297,094 -0.2%
Net Income $24,539 $-67,383 -1.4%
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

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
12
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS DUDUS PRESIDENT N/A
Officer
$0 $0 $0
ALISON DULEY SECRETARY N/A
Officer
$0 $0 $0
FRED MEKOLON TREASURER N/A
Officer
$0 $0 $0
DON UKRAINEC VICE PRESID N/A
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 $262,383 $237,844 $1,788,153 $24,539
2023 $229,711 $297,094 $1,761,951 $-67,383
2022 $146,190 $210,512 $1,772,454 $-64,322
2021 $2,091,626 $179,181 $1,839,667 $1,912,445
2020 $139,020 $145,525 $689,361 $-6,505
2019 $253,429 $232,255 $733,395 $21,174
2018 $251,515 $249,324 $777,904 $2,191
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WYANDOTTE BOAT CLUB with other nonprofits in Michigan and across the country.