OLD DOMINION BOAT CLUB

🔒

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

1922

Legal Domicile

Principal Officer

KEVIN REILLY JD CPA

Phone

7038361900

Tax Period

2025-01-01 to 2025-12-31

OLD DOMINION BOAT CLUB, founded in 1922, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $554K, a strong 29% operating margin.

Mission

PROVIDING MEMBERS WITH ACCESS TO WATERWAYS AND SOCIALIZATION WITH OTHER BOAT OWNERS.

Program Service Accomplishments

Program 1

THE CLUB PROMOTES CHARTIABLE, COMMUNITY, AND ATHLETIC WATER RELATED ACTIVITIES AND FELLOWSHIP AMONG ITS APPROXIMATELY 700 MEMBERS.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,717,796

Investment Income $24,830

Other Revenue $138,145

TOTAL REVENUE $1,880,771

Expense Breakdown

Grants Paid $800

Salaries & Benefits $382,080

Fundraising Expenses $0

Other Expenses $943,504

TOTAL EXPENSES $1,326,384

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,880,771	$2,024,599	-0.1%
Expenses	$1,326,384	$1,794,711	-0.3%
Net Income	$554,387	$229,888	+1.4%

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

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

$9,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE HOBART	GOVERNOR	2.00	Director	$0	$0	$0
ERNIE DAURAY	GOVERNOR	10.00	Director	$0	$0	$0
SANDY WELCH	GOVERNOR	2.00	Director	$0	$0	$0
DEE BERESFORD	GOVERNOR	2.00	Director	$0	$0	$0
VICTOR FOX	GOVERNOR	2.00	Director	$0	$0	$0
PAUL WHITESTONE	GOVERNOR	2.00	Director	$0	$0	$0
DREW THOMAS	GOVERNOR	4.00	Director	$0	$0	$0
BOB WATERS	SECRETARY	4.00	Officer	$9,000	$0	$9,000
STEVE FOREHAND	PRESIDENT	4.00	Officer	$0	$0	$0
KIM ROGAN WEITZEL	VICE PRESIDENT	4.00	Officer	$0	$0	$0
KEVIN REILLY	TREASURER	4.00	Officer	$0	$0	$0
ART BARLETTA	COMMODORE	4.00	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	$1,880,771	$1,326,384	$10,674,317	$554,387
2024	No data	No data	No data	No data
2023	$1,784,673	$1,769,739	$10,454,855	$14,934
2022	$1,423,079	$1,655,247	$10,816,304	$-232,168
2021	$1,105,837	$1,304,084	$11,245,214	$-198,247
2020	$1,144,526	$1,032,999	$11,529,608	$111,527
2019	$1,522,045	$1,311,973	$11,640,062	$210,072
2018	$1,297,466	$1,045,760	$11,679,027	$251,706