EASTPORT YACHT CLUB LIMITED (EIN 521198273) - 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

1980

Legal Domicile

Principal Officer

ROBERT SCHNABEL

Phone

4102679549

Tax Period

2024-01-01 to 2024-12-31

EASTPORT YACHT CLUB LIMITED, founded in 1980, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $686K, a strong 19% operating margin.

Mission

TO PROMOTE AND ENCOURAGE 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,399,951

Investment Income $143,397

Other Revenue $1,070,180

TOTAL REVENUE $3,613,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,359,111

Fundraising Expenses $0

Other Expenses $1,568,560

TOTAL EXPENSES $2,927,671

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,613,528	$2,594,512	+0.4%
Expenses	$2,927,671	$1,888,875	+0.5%
Net Income	$685,857	$705,637	0.0%

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

$121,178

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB SCHNABEL	COMMODORE	2.00	Officer Director	$0	$0	$0
JOHN RYDER	VICE COMMODORE	2.00	Officer Director	$0	$0	$0
JENNIFER ELLEFSON	REAR COMMODORE	2.00	Director	$0	$0	$0
BILL PHILLIPS	FLEET CAPITAN	2.00	Director	$0	$0	$0
AMY STRYKER	KEEPER OF THE LOG	2.00	Director	$0	$0	$0
JIM BURDICK	TREASURER	2.00	Officer Director	$0	$0	$0
LEE MAYNARD	PAST COMMODORE	2.00	Officer Director	$0	$0	$0
DAN MCQUAY	CLUB MANAGER	40.00	Officer	$117,698	$3,480	$121,178

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	$3,613,528	$2,927,671	$10,779,930	$685,857
2023	$2,594,512	$1,888,875	$10,228,868	$705,637
2022	$2,693,086	$1,778,146	$9,804,715	$914,940
2021	$2,404,552	$1,722,556	$9,010,534	$681,996
2020	$1,597,509	$1,708,902	$8,557,337	$-111,393
2019	$1,877,585	$1,802,963	$8,667,699	$74,622
2018	$1,942,499	$1,920,982	$8,691,570	$21,517

EASTPORT YACHT CLUB LIMITED