RED WING YACHT CLUB

EIN: 416017204

RED WING, MN

Total Revenue
$218,578
Total Expenses
$127,574
Total Assets
$730,238
Net Assets
$730,238
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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
1914
Legal Domicile
MN
Principal Officer
WYLIE WILSON
Phone
6513011079
Tax Period
2024-05-01 to 2025-04-30

RED WING YACHT CLUB, founded in 1914, is a small nonprofit that reported $219K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $91K, a strong 42% operating margin.

Mission

RENTAL AND MAINTENANCE OF OVER 200 MARINA RENTAL SLIPS WITH PRIVATELY OWNED BOAT HOUSES ON THE MISSISSIPPI RIVER FOR RECREATIONAL USE. ALL COMMON AREA WATERWAY, DOCKAGE AND UTILITIES ARE PROVIDED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $201,087
Investment Income $17,491
Other Revenue $0
TOTAL REVENUE $218,578

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $127,574
Other Expenses $127,574
TOTAL EXPENSES $127,574

Year-over-Year Comparison

2024 2023 Change
Revenue $218,578 $189,974 +0.2%
Expenses $127,574 $135,767 -0.1%
Net Income $91,004 $54,207 +0.7%
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
7
Independent Members
7
Employees
N/A
Volunteers
15

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG ALMS VICE COMMODORE 1.00
Officer Director
$0 $0 $0
LARRY ANDERSON TRUSTEE 1.00
Director
$0 $0 $0
TRENT KNOWLTON TRUSTEE 1.00
Director
$0 $0 $0
KURT KRIE TRUSTEE 1.00
Director
$0 $0 $0
DEB MARTY TREASURER 1.00
Officer Director
$0 $0 $0
LISA MARTY SECETARY 1.00
Officer Director
$0 $0 $0
WYLIE WILSON COMMODORE 1.00
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
2025 $218,578 $127,574 $730,238 $91,004
2024 $189,974 $135,767 $639,234 $54,207
2023 $166,951 $139,086 $585,027 $27,865
2022 $419,664 $107,000 $544,850 $312,664
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