Allatoona Yacht Club Inc (EIN 580621888) - Form 990 Financial Analysis & Trantor Score

🔒

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

1952

Legal Domicile

Principal Officer

Mike Pickering

Phone

7709746290

Tax Period

2023-10-01 to 2024-09-30

Allatoona Yacht Club Inc, founded in 1952, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023.

Mission

Provide boating facilities and support services for members in addition to social functions and fellowship to members who enjoy boating on Lake Allatoona; Publish monthly newsletter for 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,022,444

Investment Income $26,777

Other Revenue $-661

TOTAL REVENUE $1,048,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $343,401

Fundraising Expenses $0

Other Expenses $680,599

TOTAL EXPENSES $1,024,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,048,560	$1,006,230	+0.0%
Expenses	$1,024,000	$987,277	+0.0%
Net Income	$24,560	$18,953	+0.3%

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

N/A

Employees

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
Nick Snider	Director	2.00	Director	$0	$0	$0
Norma Lanham	Vice Commodore	2.00	Director	$0	$0	$0
Jessica Turnbull	Director	2.00	Director	$0	$0	$0
Diana Krause	Director	2.00	Director	$0	$0	$0
Betsy Amos	Director	2.00	Director	$0	$0	$0
Amir Shakarami	Director	2.00	Director	$0	$0	$0
Dewayne Griffith	Director	2.00	Director	$0	$0	$0
Kim Avery	Director	2.00	Director	$0	$0	$0
Mike Pickering	Treasurer	2.00	Officer	$0	$0	$0
Robbie Wright	Past Commodore	2.00	Officer	$0	$0	$0
John Steinmetz	Commodore	2.00	Officer	$0	$0	$0
Wade Everett	Secretary	2.00	Officer	$0	$0	$0
Jim Rasmussen	Rear Commodore	2.00	Officer	$0	$0	$0
Nick Parham	Captain	2.00	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	$1,048,560	$1,024,000	$1,731,719	$24,560
2023	$1,006,230	$987,277	$1,703,846	$18,953
2022	$1,036,438	$914,794	$1,802,671	$121,644
2021	$940,701	$847,040	$1,584,139	$93,661
2020	$893,330	$851,967	$1,477,173	$41,363
2019	$887,558	$781,055	$1,430,258	$106,503
2018	$898,441	$830,435	$1,367,496	$68,006

Allatoona Yacht Club Inc