ROCHESTER WATER SKI CLUB INC (EIN 411434402) - 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

1960

Legal Domicile

Principal Officer

CARRIE NAGEL

Phone

5072543884

Tax Period

2024-01-01 to 2024-12-31

ROCHESTER WATER SKI CLUB INC, founded in 1960, is a micro nonprofit in the Recreation & Sports sector that reported $55K in total revenue in fiscal year 2024. Expenses of $49K left a modest 11% surplus.

Mission

PROMOTE AWARENESS AND EDUCATION ABOUT WATER SKIING SAFELY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $46,219

Program Service Revenue $7,362

Investment Income $9,684

Other Revenue $-8,087

TOTAL REVENUE $55,178

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,440

Other Expenses $48,875

TOTAL EXPENSES $48,875

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,178	$53,446	+0.0%
Expenses	$48,875	$73,286	-0.3%
Net Income	$6,303	$-19,840	-1.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
MATT HOEFT	BOARD MEMBER	2.00	Director	$0	$0	$0
NICK STREITZ	VICE PRESIDENT	15.00	Director	$0	$0	$0
MADILYN SCHMITZ	SHOW DIRECTOR/MEMBER	5.00	Director	$0	$0	$0
NATALIE HEWITT	BOARD MEMBER	5.00	Officer Director	$0	$0	$0
KINDRA WALSTAD	SECRETARY	5.00	Officer Director	$0	$0	$0
SHANNON LARSEN	FORMER TREASURER	15.00	Officer Director	$0	$0	$0
TIM ZOSEL	PRESIDENT	15.00	Officer Director	$0	$0	$0
COLE NELSON	FORMER PRESIDENT	15.00	Officer Director	$0	$0	$0
DUNOON WARNKE	GAMBLING MANAGER	15.00	Officer Director	$0	$0	$0
RACHEL TROTMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
CARRIE NAGEL	TREASURER	15.00	Officer 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	$55,178	$48,875	$109,271	$6,303
2023	$53,446	$73,286	$116,038	$-19,840
2022	$60,001	$37,504	$96,250	$22,497
2021	$51,157	$27,429	$73,753	$23,728
2020	$36,233	$7,604	$50,025	$28,629

ROCHESTER WATER SKI CLUB INC