SARASOTA YACHT CLUB (EIN 590436199) - 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

1926

Legal Domicile

Principal Officer

HARRY ANAND

Phone

9419529451

Tax Period

2023-10-01 to 2024-09-30

SARASOTA YACHT CLUB, founded in 1926, is a community nonprofit that reported $9.4M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

RECREATIONAL 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,652,351

Investment Income $103,449

Other Revenue $3,665,204

TOTAL REVENUE $9,421,004

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,633,047

Fundraising Expenses $0

Other Expenses $4,554,871

TOTAL EXPENSES $10,187,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,421,004	$8,701,883	+0.1%
Expenses	$10,187,918	$8,995,181	+0.1%
Net Income	$-766,914	$-293,298	+1.6%

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

116

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

$672,396

Total Directors

Key Employees

$226,065

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARRY ANAND	COMMODORE	1.00	Officer Director	$0	$0	$0
ROBERT MILLIGAN	VICE COMMODORE	1.00	Officer Director	$0	$0	$0
RYAN LODGE	REAR COMMODORE	1.00	Officer Director	$0	$0	$0
NICHI MARTIN	TREASURER	1.00	Officer Director	$0	$0	$0
PHIL JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
GERARD EZCURRA	DIRECTOR	1.00	Director	$0	$0	$0
GROVER TRASK	DIRECTOR	1.00	Director	$0	$0	$0
VALERIE LINDSAY	DIRECTOR	1.00	Director	$0	$0	$0
JEFF RAY	DIRECTOR	1.00	Director	$0	$0	$0
ROGER BYRNE	DIRECTOR	1.00	Director	$0	$0	$0
MARY TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
KAREN HARMON	GM/COO	40.00	Officer	$390,010	$34,197	$424,207
JENNIFER ROMERO	CHIEF FINANCIAL OFFICER	40.00	Officer	$223,399	$24,790	$248,189
MAX MIRANDA	DIRECTOR OF CLUBHOUSE OPERATIONS	40.00	Key Emp	$209,193	$16,872	$226,065
BRUCE BAILEY	EXECUTIVE CHEF	40.00	Highest	$155,941	$15,169	$171,110
NERMIN GEBRAIL	HR DIRECTOR	40.00	Highest	$121,357	$13,358	$134,715
JEFFERY MASSEY	MEMBERSHIP DIRECTOR	40.00	Highest	$118,311	$13,236	$131,547
KAREN ROMAN	CATERING DIRECTOR	40.00	Highest	$120,000	$14,896	$134,896
STEPHANIA FELTZ	DIRECTOR PHILANTHROPY AND SPECIAL PROJECTS	40.00	Highest	$103,039	$12,626	$115,665

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	$9,421,004	$10,187,918	$25,224,851	$-766,914
2023	$8,701,883	$8,995,181	$22,317,870	$-293,298
2022	$7,579,182	$8,033,930	$19,794,710	$-454,748
2021	$5,678,200	$7,192,858	$17,463,114	$-1,514,658
2020	$7,584,603	$7,548,825	$17,080,595	$35,778
2019	$8,063,485	$7,328,685	$17,491,345	$734,800
2018	$8,021,988	$6,735,211	$17,482,123	$1,286,777

SARASOTA YACHT CLUB