BAL HARBOUR YACHT CLUB INC (EIN 465242554) - 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

2014

Legal Domicile

Principal Officer

ANTHONY IMBESI

Phone

3058656048

Tax Period

2023-01-01 to 2023-12-31

BAL HARBOUR YACHT CLUB INC, founded in 2014, is a community nonprofit in the Recreation & Sports sector that reported $3.5M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $4.2M exceeded revenue, resulting in a 23% operating deficit.

Mission

TO OPERATE AND MANAGE THE OPERATION OF A PRIVATE MEMBERS ONLY YACHTCLUB LOCATED IN BAL HARBOUR, FLORIDA.

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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 $94,125

Program Service Revenue $3,363,075

Investment Income $215

Other Revenue $0

TOTAL REVENUE $3,457,415

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $159,472

Fundraising Expenses $0

Program Expenses $4,100,559

Other Expenses $4,074,864

TOTAL EXPENSES $4,240,336

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,457,415	$3,106,133	+0.1%
Expenses	$4,240,336	$4,070,146	+0.0%
Net Income	$-782,921	$-964,013	-0.2%

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

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
JOSEPH IMBESI	PRESIDENT	10.00	Officer Director	$0	$0	$0
ORLA IMBESI	VICE PRESIDENT, SECRETARY	10.00	Officer Director	$0	$0	$0
ANTHONY IMBESI	VICE PRESIDENT, TREASURER	40.00	Officer Director	$0	$0	$0
AMANDA DOERING	DIRECTOR	20.00	Director	$0	$0	$0
SONIA GUNTER	DIRECTOR	5.00	Director	$0	$0	$0
JOSEPH NOEL IMBESI	DIRECTOR	5.00	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	$3,457,415	$4,240,336	$901,414	$-782,921
2022	$3,106,133	$4,070,146	$1,382,135	$-964,013
2021	$2,572,162	$2,141,576	$1,468,040	$430,586
2020	$1,982,458	$2,316,659	$1,388,105	$-334,201
2019	$1,895,955	$1,958,290	$1,173,014	$-62,335
2018	$1,854,335	$1,905,044	$1,177,397	$-50,709

BAL HARBOUR YACHT CLUB INC