Selby Bay Yacht Club Property Corp

EIN: 536009607

Edgewater, MD

Total Revenue
$415,949
Total Expenses
$566,053
Total Assets
$693,344
Net Assets
$-263,448
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
MD
Phone
4107981415
Tax Period
2024-10-01 to 2025-09-30

Selby Bay Yacht Club Property Corp, founded in 1947, is a small nonprofit that reported $416K in total revenue in fiscal year 2024. Expenses of $566K exceeded revenue, resulting in a 36% operating deficit.

Mission

Promote the sport of boating and provide services and facilities to its members in connection therewith.

Program Service Accomplishments

Program 1

Promote the sport of boating and provide services and facilities to its members in connection therewith.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $216,122
Program Service Revenue $194,158
Investment Income $5,669
Other Revenue $0
TOTAL REVENUE $415,949

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,801
Fundraising Expenses $0
Other Expenses $496,252
TOTAL EXPENSES $566,053

Year-over-Year Comparison

2024 2023 Change
Revenue $415,949 $417,734 0.0%
Expenses $566,053 $448,430 +0.3%
Net Income $-150,104 $-30,696 +3.9%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
1
Volunteers
11

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
7
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Campbell President 4.00
Officer Director
$0 $0 $0
Philip Schiff Vice President 2.00
Officer Director
$0 $0 $0
Bayard Galey Director 5.00
Officer Director
$0 $0 $0
Matt Piermarini Secretary 1.00
Officer Director
$0 $0 $0
Wade Cordy Treasurer 2.00
Officer Director
$0 $0 $0
Charlie Glenn Director 5.00
Officer Director
$0 $0 $0
Joseph Jeff McKinney Director 1.00
Officer Director
$0 $0 $0
Doug Monsein Director 1.00
Director
$0 $0 $0
Antanas Rekstys Director 1.00
Director
$0 $0 $0
Ned Buchman Director 5.00
Director
$0 $0 $0
Mark Humphries Director 0.00
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
2025 $415,949 $566,053 $693,344 $-150,104
2024 No data No data No data No data
2023 $406,207 $422,555 $1,007,804 $-16,348
2022 $417,050 $358,235 $1,085,412 $58,815
2021 $389,800 $365,888 $1,092,331 $23,912
2019 $375,263 $388,417 $1,209,568 $-13,154
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Selby Bay Yacht Club Property Corp with other nonprofits in Maryland and across the country.