VENICE YACHT CLUB INC (EIN 590655991) - 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

1951

Legal Domicile

Principal Officer

EDWARD TINDALL

Phone

9414887708

Tax Period

2024-07-01 to 2025-06-30

VENICE YACHT CLUB INC, founded in 1951, is a community nonprofit in the Recreation & Sports sector that reported $4.9M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

A. TO ENCOURAGE THE PROPER USE AND ENJOYMENT OF YACHTS AND BOATS AND TO ASSIST IN EDUCATING MEMBERS IN THE SCIENCE OF NAVIGATION, BOAT DESIGN, AND THE SKILLS OF SAILING.B. TO OWN AND OPERATE AN APPROPRIATE PRIVATE WATERFRONT CLUB IN THE FURTHERANCE OF THE AFORESAID PURPOSES AND TO PROMOTE SOCIAL COMMUNION AMONG ITS MEMBERS AND GUESTS.C. TO ENCOURAGE THE EDUCATION OF THE YOUNG PEOPLE IN THE COMMUNITY IN THE SCIENCE OF NAVIGATION, THE ART OF SAILING, AND SMALL BOAT HANDLING.D. TO PROVIDE AN OPPORTUNITY FOR PERSONS WHO SHARE THESE PURPOSES TO JOIN FORCES IN THE FURTHERANCE OF SUCH COMMON PURSUITS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,441,343

Investment Income $-234,880

Other Revenue $1,701,527

TOTAL REVENUE $4,907,990

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $2,825,759

Fundraising Expenses $0

Program Expenses $5,118,871

Other Expenses $2,273,112

TOTAL EXPENSES $5,118,871

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,907,990	$5,259,145	-0.1%
Expenses	$5,118,871	$4,839,081	+0.1%
Net Income	$-210,881	$420,064	-1.5%

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

103

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

$1,400

Total Directors

$1,400

Key Employees

$153,662

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRI GRIFFITH	COMMODORE	8.00	Officer Director	$0	$0	$0
MICHAEL MARQUETTE	VICE COMMODORE	5.00	Officer Director	$0	$0	$0
MARK CASHDOLLAR	REAR COMMODORE	5.00	Officer Director	$0	$0	$0
THOMAS STHUHLEY	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
MICHAEL NEMSER	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN NIXON	DIRECTOR	2.00	Director	$0	$0	$0
BRITTANY BERG	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
STEVE BIEGLECKI	DIRECTOR	2.00	Director	$0	$0	$0
MARVIN ROYAL	DIRECTOR	2.00	Director	$0	$0	$0
JOE TERRANOVA	DIRECTOR	2.00	Director	$0	$0	$0
VINCE PELLICCIA	EX-OFFICIO	2.00	Director	$0	$0	$0
EDWARD TINDALL	GENERAL MANAGER/COO	40.00	Officer Director	$1,400	$0	$1,400
BRUCE FURMAN	PREVIOUS GENERAL MANAGER	40.00	Key Emp	$153,662	$0	$153,662

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	$4,907,990	$5,118,871	$9,964,304	$-210,881
2024	$5,259,145	$4,839,081	$9,195,310	$420,064
2023	$4,469,418	$4,173,338	$8,931,969	$296,080
2022	$4,405,115	$3,457,849	$5,922,417	$947,266
2021	$3,454,951	$3,209,714	$5,346,616	$245,237
2020	$2,890,645	$2,762,158	$4,842,719	$128,487
2019	$2,929,625	$2,789,138	$4,761,174	$140,487
2018	$2,847,500	$2,611,973	$4,681,704	$235,527

VENICE YACHT CLUB INC