SHOQUOQUON BOAT CLUB INC (EIN 426075527) - 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

1990

Legal Domicile

Principal Officer

DICK PALMER

Tax Period

2021-01-01 to 2021-12-31

SHOQUOQUON BOAT CLUB INC, founded in 1990, is a micro nonprofit in the Recreation & Sports sector that reported $56K in total revenue in fiscal year 2021. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $14K, a strong 24% operating margin.

Mission

THE PRIMARY PURPOSE IS THE CREATION AND MAINTENANCE OF A CENTRAL BOATING ACTIVITY IN BURLINGTON, IA, PROMOTE INTERESTS OF SAFE BOATING AND NAVIGATING ON THE MISSISSIPPI RIVER.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $40,300

Investment Income $85

Other Revenue $16,067

TOTAL REVENUE $56,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $42,841

TOTAL EXPENSES $42,841

Year-over-Year Comparison

	2021	2020	Change
Revenue	$56,452	$49,517	+0.1%
Expenses	$42,841	$43,605	0.0%
Net Income	$13,611	$5,912	+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

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
LANCE BECKMAN	DIRECTOR	N/A	Director	$0	$0	$0
GARY BRUECK	DIRECTOR	N/A	Director	$0	$0	$0
JEFF GLASGOW	DIRECTOR	N/A	Director	$0	$0	$0
DICK PALMER	PRESIDENT	N/A	Officer Director	$0	$0	$0
DUSTY PALMER	TREASURER	N/A	Officer Director	$0	$0	$0
JOEL SCHNEDEN	DIRECTOR	N/A	Director	$0	$0	$0
MONTY WARD	VICE PRESIDE	N/A	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
2021	$56,452	$42,841	$313,599	$13,611
2020	$49,517	$43,605	$310,488	$5,912
2019	$48,979	$46,428	$310,726	$2,551
2018	$54,072	$34,530	$310,375	$19,542

SHOQUOQUON BOAT CLUB INC