Cape Fear Yacht Club Inc (EIN 561890210) - 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

1994

Legal Domicile

Principal Officer

Norman Smith

Phone

9104779262

Tax Period

2020-01-01 to 2020-12-31

Cape Fear Yacht Club Inc, founded in 1994, is a micro nonprofit in the Recreation & Sports sector that reported $47K in total revenue in fiscal year 2020. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $42K left a modest 11% surplus.

Mission

To encourage and promote yachting 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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $46,938

Investment Income $5

Other Revenue $0

TOTAL REVENUE $46,943

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $41,600

TOTAL EXPENSES $41,600

Year-over-Year Comparison

	2020	2019	Change
Revenue	$46,943	$82,520	-0.4%
Expenses	$41,600	$74,435	-0.4%
Net Income	$5,343	$8,085	-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

Employees

N/A

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
Norman Smith	Commodore	10.00	Officer	$0	$0	$0
Deb Alt	Board of Governors	10.00	Director	$0	$0	$0
Donald Feather	Board of Governors	10.00	Director	$0	$0	$0
George Bonifant	Board of Governors	10.00	Director	$0	$0	$0
Stephen Bourne	Board of Governors	10.00	Director	$0	$0	$0
Richard Perlini	Board of Governors	10.00	Director	$0	$0	$0
Joe Rodriguez	Vice Comm	10.00	Officer	$0	$0	$0
David Rhodes	Rear Comm	10.00	Officer	$0	$0	$0
Rich Alt	Fleet Captain	5.00	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
2020	$46,943	$41,600	$527,031	$5,343

Cape Fear Yacht Club Inc