MOUNT VERNON YACHT CLUB INC (EIN 540678081) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

MITCHELL MUTNICK

Phone

7037808850

Tax Period

2024-01-01 to 2024-12-31

Mount Vernon Yacht Club Inc, founded in 1956, is a small nonprofit that reported $484K in total revenue in fiscal year 2019. Expenses of $460K left a modest 5% surplus.

Mission

THE OBJECTIVE OF THE CLUB IS TO PROVIDE SOCIAL AND RECREATIONAL FACILITIES FOR ITS MEMBERS AND TO PROMOTE INTEREST IN PLEASURE BOATING AND WATER SPORTS FOR THE MEMBERSHIP, INCLUDING THE OPERATION AND MAINTENANCE OF A SWIMMING POOL, MARINA AND ASSOCIATED FACILITIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $305,483

Program Service Revenue $239,161

Investment Income $24,724

Other Revenue $4,524

TOTAL REVENUE $573,892

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $546,785

Other Expenses $548,773

TOTAL EXPENSES $548,773

Year-over-Year Comparison

	2024	2023	Change
Revenue	$573,892	$561,504	+0.0%
Expenses	$548,773	$524,514	+0.0%
Net Income	$25,119	$36,990	-0.3%

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

411

Employees

N/A

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
MITCHELL MUTNICK	COMMODORE	20.00	Officer Director	$0	$0	$0
LINDSAY ALEXANDER	VICE COMMODORE	20.00	Officer Director	$0	$0	$0
RYAN CUMMINGS	REAR COMMODORE	20.00	Officer Director	$0	$0	$0
GAYLE WOOD	SECRETARY	12.00	Officer Director	$0	$0	$0
NICOLE GRAY	TREASURER	12.00	Officer 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	No data	No data	No data	No data
2024	$573,892	$548,773	$2,218,320	$25,119
2023	$561,504	$524,514	$2,141,286	$36,990
2022	$553,995	$539,289	$2,125,975	$14,706
2021	$493,088	$436,321	$2,124,866	$56,767
2020	$456,341	$384,202	$1,605,415	$72,139
2019	$484,219	$459,774	$1,548,656	$24,445

MOUNT VERNON YACHT CLUB INC