COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC (EIN 471288727) - 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

RICHARD ETKIN

Phone

3054444571

Tax Period

2023-07-01 to 2024-06-30

COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $959K in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROMOTE AN APPRECIATION OF SAILING AND TO PROVIDE EQUIPMENT AND INSTRUCTION IN ENHANCE AN INTEREST IN SAILING, AS WELL AS TO ENCOURAGE YOUNG PEOPLE TO LEARN SAILING

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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 $4,264

Program Service Revenue $920,116

Investment Income $959

Other Revenue $34,019

TOTAL REVENUE $959,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $728,383

Fundraising Expenses $0

Program Expenses $1,118,913

Other Expenses $470,415

TOTAL EXPENSES $1,198,798

Year-over-Year Comparison

	2023	2022	Change
Revenue	$959,358	$890,842	+0.1%
Expenses	$1,198,798	$1,112,919	+0.1%
Net Income	$-239,440	$-222,077	+0.1%

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

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

$125,410

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD ETKIN	PRESIDENT	2.00	Director	$0	$0	$0
KEITH HEINRICH	VICE-PRESIDENT	3.00	Director	$0	$0	$0
PRISKA URBAN	VICE-PRESIDENT	3.00	Director	$0	$0	$0
DOREEN FISCHER	SECRETARY	1.00	Director	$0	$0	$0
OLIVIER DELAVALETTE	TREASURER	3.00	Director	$0	$0	$0
LAUREN SIMPSON	GENERAL MANAGER	55.00	Key Emp Highest	$22,790	$0	$125,410

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	No data	No data	No data	No data
2024	$959,358	$1,198,798	$211,159	$-239,440
2023	$890,842	$1,112,919	$179,039	$-222,077
2022	$980,643	$996,097	$177,946	$-15,454
2021	$710,117	$745,648	$284,549	$-35,531
2020	$651,681	$715,791	$240,592	$-64,110
2019	$697,803	$711,234	$200,938	$-13,431
2018	$597,754	$607,484	$184,312	$-9,730

COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC