NORTH EAST RIVER YACHT CLUB INC (EIN 520567737) - 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

1930

Legal Domicile

Principal Officer

LYNDA DIPASQUALE

Phone

4102876333

Tax Period

2025-01-01 to 2025-12-31

NORTH EAST RIVER YACHT CLUB INC, founded in 1930, is a small nonprofit that reported $751K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $661K left a modest 12% surplus.

Mission

A SOCIAL ORGANIZATION INTERESTED IN ENCOURAGING THE SPORT OF BOATING AND PROMOTING THE SCIENCE OF SEAMANSHIP AND NAVIGATION. TO PROVIDE A SUITABLE CLUBHOUSE, ACHORAGE, AND PIERS FOR THE USE OF ITS BOATING MEMBERS AND TO PROVIDE FACILITIES FOR THE RECREATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $269,382

Program Service Revenue $462,558

Investment Income $-794

Other Revenue $20,290

TOTAL REVENUE $751,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,993

Fundraising Expenses $0

Program Expenses $661,053

Other Expenses $432,060

TOTAL EXPENSES $661,053

Year-over-Year Comparison

	2025	2024	Change
Revenue	$751,436	$667,675	+0.1%
Expenses	$661,053	$658,885	+0.0%
Net Income	$90,383	$8,790	+9.3%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH ROMASCO	COMMODORE	10.00	Officer	$0	$0	$0
DAILEY TIPTON	VICE COMMODORE	3.00	Officer	$0	$0	$0
KEELY CHILDERS HEANY	REAR COMMODORE	2.00	Officer	$0	$0	$0
LINDA CHILD	FLEET CAPTAIN	4.00	Officer	$0	$0	$0
DICK MARTIN	IMMEDIATE PAST COMMODORE	2.00	Officer	$0	$0	$0
PHYLLIS COLANERO	SECRETARY	2.00	Officer	$0	$0	$0
LYNDA DIPASQUALE	TREASURER	8.00	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
2025	$751,436	$661,053	$1,092,113	$90,383
2024	$667,675	$658,885	$1,030,373	$8,790
2023	$706,328	$682,490	$846,028	$23,838
2022	$681,632	$622,562	$902,707	$59,070
2021	$680,897	$681,897	$907,235	$-1,000
2020	$503,837	$507,408	$973,169	$-3,571
2019	$683,581	$736,579	$1,069,741	$-52,998
2018	$762,192	$734,962	$1,308,999	$27,230

NORTH EAST RIVER YACHT CLUB INC