GROSSE POINTE YACHT CLUB FOUNDATION (EIN 473434589) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

JAMES T MESTDAGH

Phone

5865306095

Tax Period

2024-01-01 to 2024-12-31

GROSSE POINTE YACHT CLUB FOUNDATION, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $120K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 39% operating margin.

Mission

RAISING FUNDS FOR THE MAINTENANCE, REPAIR, RESTORATION AND PRESERVATION OF THE HISTORIC GROSSE POINTE YACHT CLUB CLUBHOUSE, MANAGING AND MONITORING THE INVESTMENT OF FUNDS OR OTHER PROPERTY RECEIVED FOR SUCH PURPOSE, DETERMINING AND AUTHORIZING THE USE OF FUNDS OR PROPERTY RECEIVED, AND PROVIDING EDUCATIONAL OPPORTUNITIES ASSOCIATED WITH PROMOTING THE HISTORIC NATURE OF THE GROSSE POINTE YACHT CLUB CLUBHOUSE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $98,750

Program Service Revenue $0

Investment Income $20,897

Other Revenue $0

TOTAL REVENUE $119,647

Expense Breakdown

Grants Paid $54,810

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,810

Other Expenses $17,632

TOTAL EXPENSES $72,442

Year-over-Year Comparison

	2024	2023	Change
Revenue	$119,647	$84,037	+0.4%
Expenses	$72,442	$142,032	-0.5%
Net Income	$47,205	$-57,995	-1.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
DAVID J BREEN	SECRETARY/DI	N/A	Officer Director	$0	$0	$0
JAMES T MESTDAGH	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICHAEL D MURRAY	TREASURER/DI	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
2024	$119,647	$72,442	$568,675	$47,205
2023	$84,037	$142,032	$521,470	$-57,995
2022	$138,903	$228,189	$579,469	$-89,286
2021	$400,943	$1,197,707	$668,755	$-796,764
2020	$588,902	$346,824	$695,069	$242,078
2020	$1,359,352	$346,824	$1,465,519	$1,012,528
2019	$373,933	$233,388	$452,991	$140,545
2018	$162,475	$549,182	$314,962	$-386,707

GROSSE POINTE YACHT CLUB FOUNDATION