DETROIT YACHT CLUB FOUNDATION (EIN 452522575) - 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

2012

Legal Domicile

Principal Officer

ROBIN HELLER

Phone

3137575240

Tax Period

2023-01-01 to 2023-12-31

DETROIT YACHT CLUB FOUNDATION, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $293K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $210K, a strong 72% operating margin.

Mission

TO RESTORE, PRESERVE, MAINTAIN, PROTECT, AND REPAIR THE DETROIT YACHT CLUB CLUBHOUSE, A STRUCTURE ON THE NATIONAL REGISTER OF HISTORIC PLACES. TO PROVIDE ACCESS AT DESIGNATED TIMES FOR EDUCATION AND PUBLIC GROUPS TO TOUR THE STRUCTURE WITH THE APPROVAL OF THE DETROIT YACHT CLUB AND THE DETROIT YACHT CLUB FOUNDATION.

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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 $372,806

Program Service Revenue $0

Investment Income $0

Other Revenue $-79,904

TOTAL REVENUE $292,902

Expense Breakdown

Grants Paid $69,378

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $69,378

Other Expenses $13,781

TOTAL EXPENSES $83,159

Year-over-Year Comparison

	2023	2022	Change
Revenue	$292,902	$493,462	-0.4%
Expenses	$83,159	$608,208	-0.9%
Net Income	$209,743	$-114,746	-2.8%

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
LILLY DAVID	SECRETARY	8.00	Officer Director	$0	$0	$0
ROBIN HELLER	PRESIDENT	10.00	Officer Director	$0	$0	$0
MARK LIFTER	DIRECTOR	8.00	Director	$0	$0	$0
KELLI MURPHY	DIRECTOR	8.00	Director	$0	$0	$0
LEON SAPERSTEIN	DIRECTOR	8.00	Director	$0	$0	$0
JOHN SAVAGE	TREASURER	8.00	Officer Director	$0	$0	$0
EDWIN THEISEN	DIRECTOR	8.00	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	No data	No data	No data	No data
2023	$292,902	$83,159	$451,215	$209,743
2022	$493,462	$608,208	$243,807	$-114,746
2021	$297,867	$147,859	$358,718	$150,008
2021	$297,833	$150,325	$358,720	$147,508
2020	$234,322	$368,617	$208,710	$-134,295

DETROIT YACHT CLUB FOUNDATION