CHOPTANK RIVER YACHT CLUB INC (EIN 521255285) - 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

1981

Legal Domicile

Principal Officer

DAVID WHALEY

Phone

4104793460

Tax Period

2023-01-01 to 2023-12-31

CHOPTANK RIVER YACHT CLUB INC, founded in 1981, is a small nonprofit that reported $233K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $61K, a strong 26% operating margin.

Mission

BOATING & SOCIAL/REC CLUB WITH BOATING SAFETY, INSTRUCTION & INSPECTION WITH A CLUBHOUSE, BAR & GRILL.

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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 $90,425

Program Service Revenue $0

Investment Income $46

Other Revenue $142,581

TOTAL REVENUE $233,052

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $53,182

Fundraising Expenses $0

Program Expenses $56,182

Other Expenses $115,488

TOTAL EXPENSES $171,670

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,052	$214,058	+0.1%
Expenses	$171,670	$161,704	+0.1%
Net Income	$61,382	$52,354	+0.2%

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

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 WOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
MEGAN GRAY	SECRETARY	8.00	Officer Director	$0	$0	$0
DAVID WHALEY	TREASURER	8.00	Officer Director	$0	$0	$0
JOHN SCHREIBER	REAR COMMODORE	1.00	Officer Director	$0	$0	$0
KELLY DARLING	VICE COMMODORE	8.00	Officer Director	$0	$0	$0
LOREN COHEE	COMMODORE	8.00	Officer Director	$0	$0	$0
CRAIG BLOUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE BACORN	BOARD MEMBER	1.00	Director	$0	$0	$0
BUDDY WOOTERS	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN WOOD	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2023	$233,052	$171,670	$1,085,439	$61,382
2022	$214,058	$161,704	$1,086,780	$52,354
2021	$189,573	$119,738	$1,095,908	$69,835
2020	$122,078	$108,874	$1,057,652	$13,204
2019	$160,010	$104,377	$669,100	$55,633
2018	$140,821	$111,854	$612,679	$28,967

CHOPTANK RIVER YACHT CLUB INC