RIVERSIDE YACHT CLUB (EIN 471293317) - 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

1908

Legal Domicile

Principal Officer

JOSEPH DEBENEDICTUS

Phone

6105219855

Tax Period

2023-01-01 to 2023-12-31

RIVERSIDE YACHT CLUB, founded in 1908, is a micro nonprofit in the Recreation & Sports sector that reported $93K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $86K left a modest 7% surplus.

Mission

RIVERSDSIDE YACHT CLUB INC IS A MEMBERSHIP ORGANIZATION WHOSE MAIN PURPOSE IS TO PROMOTE RECREATIONAL BOATING ON THE DELAWARE RIVER. BOATING SAFETY AND SEAMENSHIP ARE CORNERSTONES OF THE ACTIVITY AS WELL AS GOOD WILL AMOUNG THE MEMBERS

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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 $13,671

Program Service Revenue $73,403

Investment Income $29

Other Revenue $5,919

TOTAL REVENUE $93,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,655

Other Expenses $86,214

TOTAL EXPENSES $86,214

Year-over-Year Comparison

	2023	2022	Change
Revenue	$93,022	$80,788	+0.2%
Expenses	$86,214	$78,300	+0.1%
Net Income	$6,808	$2,488	+1.7%

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

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
JOSEPH DEBENEDICTUS	PRESIDENT	N/A	Director	$0	$0	$0
ANDREW DEMARCANTONIO	TREASURER	N/A	Director	$0	$0	$0
JOE DICECCO	FINANCIAL SE	N/A	Director	$0	$0	$0
JOHN ANDRUSKO	BOARD MEMBER	N/A	Officer	$0	$0	$0
TOM CARBONI	BOARD MEMBER	N/A	Officer	$0	$0	$0
TONY COX	HARBOR MASTE	N/A	Officer	$0	$0	$0
PAUL DAINO	COMMODORE	N/A	Officer	$0	$0	$0
DAVE KOWALSKI	RECORDING SE	N/A	Officer	$0	$0	$0
MICHEAL MORRETTI	REAR COMMODO	N/A	Officer	$0	$0	$0
SCOT MURPHY	BOARD MEMBER	N/A	Officer	$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	$93,022	$86,214	$557,263	$6,808
2022	$80,788	$78,300	$550,454	$2,488
2021	$84,256	$67,519	$547,966	$16,737
2020	$48,560	$53,636	$531,230	$-5,076
2019	$76,133	$69,393	$536,306	$6,740
2018	$63,584	$76,734	$529,566	$-13,150

RIVERSIDE YACHT CLUB