EASTERN CAROLINA YACHT CLUB INC (EIN 560705931) - 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

1947

Legal Domicile

Principal Officer

GUS WILLIS

Phone

2526384000

Tax Period

2025-01-01 to 2025-12-31

EASTERN CAROLINA YACHT CLUB INC, founded in 1947, is a small nonprofit that reported $229K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year.

Mission

MEMBERSHIP CLUB FOR SOCIAL ACTIVITIES AND FOR BOATING ACTIVITIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $225,061

Investment Income $4,039

Other Revenue $0

TOTAL REVENUE $229,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $233,129

Other Expenses $233,129

TOTAL EXPENSES $233,129

Year-over-Year Comparison

	2025	2024	Change
Revenue	$229,100	$252,563	-0.1%
Expenses	$233,129	$277,781	-0.2%
Net Income	$-4,029	$-25,218	-0.8%

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

N/A

Volunteers

229

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
PETE CHILES	2025 COMMODORE	4.00	Officer	$0	$0	$0
GUS WILLIS	2025 VICE-COMMODORE	2.00	Officer	$0	$0	$0
ED CHILDS	2025 REAR COMMODORE	2.00	Officer	$0	$0	$0
PETE MONTE	2025 SECRETARY	2.00	Officer	$0	$0	$0
BILL HARRIS	2025 TREASURER	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	$229,100	$233,129	$271,389	$-4,029
2024	$252,563	$277,781	$272,090	$-25,218
2023	$246,619	$233,875	$291,929	$12,744
2022	$251,434	$255,114	$272,185	$-3,680
2021	$227,821	$282,568	$269,365	$-54,747
2020	$189,743	$173,092	$323,612	$16,651
2019	$185,906	$183,099	$307,961	$2,807

EASTERN CAROLINA YACHT CLUB INC