SOUTH SIDE ICE YACHT CLUB INC (EIN 396176891) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

JEFFREY PATT

Tax Period

2023-01-01 to 2023-12-31

SOUTH SIDE ICE YACHT CLUB INC, founded in 1985, is a small nonprofit that reported $102K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $19K, a strong 19% operating margin.

Mission

PROMOTE BOATING, SAILING SAFETY FACILITIES TO PUBLIC ACTIVITIES ARE ON GOING BOAT RACES, EDUCATION, AND FRIDAY FISH FRY

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,115

Program Service Revenue $138,252

Investment Income $1,306

Other Revenue $-43,392

TOTAL REVENUE $102,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,233

Other Expenses $82,937

TOTAL EXPENSES $82,937

Year-over-Year Comparison

	2023	2022	Change
Revenue	$102,281	$113,917	-0.1%
Expenses	$82,937	$112,976	-0.3%
Net Income	$19,344	$941	+19.6%

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

Governance

Voting Members

Independent Members

N/A

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
JEFFREY BROOKS	COMMODORE	8	Officer	$0	$0	$0
JOSH FERNAU	VICE COMMODORE	5	Officer	$0	$0	$0
ERIC POSTL	SCRETARY	5	Officer	$0	$0	$0
JEFFREY PATT	TREASURER	10	Officer	$0	$0	$0
RICHARD LAMB	DIRECTOR	2	Officer	$0	$0	$0
BRIAN KLUZ	DIRECTOR	2	Officer	$0	$0	$0
DALE GUDDEN	DIRECTOR	2	Officer	$0	$0	$0
MELISSA KOCH	KEY EMPLOYEE	5	Key Emp	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$102,281	$82,937	$133,264	$19,344
2022	$113,917	$112,976	$130,516	$941
2021	$114,667	$95,663	$129,575	$19,004
2020	$59,960	$98,939	$110,571	$-38,979
2019	$117,703	$123,132	$142,386	$-5,429
2018	$130,252	$110,196	$118,318	$20,056

SOUTH SIDE ICE YACHT CLUB INC