KEOWEE SAILING CLUB INC

🔒

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

1972

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

KEOWEE SAILING CLUB INC, founded in 1972, is a small nonprofit that reported $250K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $54K, a strong 22% operating margin.

Mission

FOR THE PURPOSE OF PROMOTING FELLOWSHIP AND GOODWILL THROUGH SAILING, INCLUDING THE ENHANCEMENT OF THE SAILING PROFICIENCY OF MEMBERS THROUGH SHARED EXPERIENCES AS WELL AS ENGAGING IN ORGANIZED COMPETITION AMONG MEMBERS AND OTHER CLUBS.

Program Service Accomplishments

Program 1

Expenses: $13,599 Revenue: $2,762

THE CLUB HOLDS TWO MAJOR REGATTAS EACH YEAR: KEOWEE CUP IN THE SPRING AND TURKEY SHOOT IN THE FALL. THESE TWO EVENTS ARE RACES THAT ATTRACT SAILORS FROM THE MEMBERSHIP AS WELL AS SURROUNDING CLUBS...

THE CLUB HOLDS TWO MAJOR REGATTAS EACH YEAR: KEOWEE CUP IN THE SPRING AND TURKEY SHOOT IN THE FALL. THESE TWO EVENTS ARE RACES THAT ATTRACT SAILORS FROM THE MEMBERSHIP AS WELL AS SURROUNDING CLUBS INSIDE/OUTSIDE SC AND HAVE OVER 15 PARTICIPATING BOATS WITH ABOUT 80 PARTICIPATING SAILORS AND VOLUNTEERS. THERE ARE ALSO 4 RACING SERIES YEAR-ROUND: FRIGHT SERIES (FALL), FROSTBITE SERIES (WINTER), HOT RUDDER BUMS SERIES (SPRING), AND SUMMER SERIES (SUMMER) WHICH INVOLVE APPROXIMATELY 15 BOATS.

Program 2

Expenses: $8,395 Revenue: $595

THE CLUB HAS MAJOR EVENTS ON MEMORIAL DAY, 4TH OF JULY, AND LABOR DAY WEEKENDS WHICH INCLUDE CLUB RACES AND A SATURDAY NIGHT DINNER. ATTENDANCE IS TYPICALLY OVER 100 PER EVENT. IN JANUARY/FEBRUARY...

THE CLUB HAS MAJOR EVENTS ON MEMORIAL DAY, 4TH OF JULY, AND LABOR DAY WEEKENDS WHICH INCLUDE CLUB RACES AND A SATURDAY NIGHT DINNER. ATTENDANCE IS TYPICALLY OVER 100 PER EVENT. IN JANUARY/FEBRUARY, THE CLUB HOLDS THE ANNUAL CHANGE OF WATCH EVENT TO HONOR THE OUTGOING BOARD AND WELCOME THE NEW BOARD WITH A TYPICAL ATTENDANCE OF 75.

Program 3

Revenue: $78,059

THE CLUB PROVIDES DOCK SPACE, INCLUDING 144 SLIPS, YEAR ROUND FOR LEASE TO ITS 225 REGULAR MEMBERSHIP UNITS. IN ADDITION, THERE ARE APPROXIMATELY 50 DRY STORAGE SPACES FOR SAILBOATS ON TRAILERS AND...

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $150,722

Program Service Revenue $95,271

Investment Income $5

Other Revenue $3,919

TOTAL REVENUE $249,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,994

Other Expenses $195,722

TOTAL EXPENSES $195,722

Year-over-Year Comparison

	2023	2022	Change
Revenue	$249,917	$314,301	-0.2%
Expenses	$195,722	$189,473	+0.0%
Net Income	$54,195	$124,828	-0.6%

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

N/A

Volunteers

153

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
RODNEY FOWLER	STEWARD	1.00	Director	$0	$0	$0
KYRAN DOWLING	STEWARD	1.00	Director	$0	$0	$0
BOB GRAVES	STEWARD	1.00	Director	$0	$0	$0
KAY HASKELL	STEWARD	1.00	Director	$0	$0	$0
JOE HILLER	STEWARD	1.00	Director	$0	$0	$0
KEN COLE	STEWARD	1.00	Director	$0	$0	$0
HENRY GOODMAN	PAST COMMODORE	5.00	Officer	$0	$0	$0
ROBYN STRICKLAND JR	COMMODORE	1.00	Officer	$0	$0	$0
PHILLIP COOK	SECRETARY	5.00	Officer	$0	$0	$0
GEOFFREY GILMAN	VICE COMMODORE	1.00	Officer	$0	$0	$0
TERRY PATTERSON	TREASURER	10.00	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
2024	No data	No data	No data	No data
2023	$249,917	$195,722	$1,046,981	$54,195
2022	$314,301	$189,473	$992,786	$124,828
2021	$185,189	$160,868	$867,958	$24,321
2020	$170,299	$156,620	$843,637	$13,679
2019	$196,129	$173,483	$829,958	$22,646
2018	$201,419	$196,030	$807,312	$5,389