MIAMI OUTBOARD 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

1938

Legal Domicile

Principal Officer

GONZALO PLANAS

Phone

3053793000

Tax Period

2024-04-01 to 2025-03-31

MIAMI OUTBOARD CLUB INC, founded in 1938, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $622K, a strong 21% operating margin.

Mission

THE MIAMI OUTBOARD CLUB SERVES APPROXIMATELY 400 MEMBERS. THEY ARE DEDICATED TO PROMOTING THE SPORT OF BOATING, GIVING INSTRUCTIONS AND PROMOTING THE SAFE USE OF THE WATERWAYS.

Program Service Accomplishments

Program 1

Expenses: $639,386 Revenue: $0

FOOD PROGRAM: AS PART OF ITS MISSION, THE MIAMI OUTBOARD CLUB PROVIDES MEALS TO ITS MEMBERS AT SPECIFIED PRICES.

Program 2

Expenses: $317,370 Revenue: $0

BAR: AS PART OF ITS MISSION, THE MIAMI OUTBOARD CLUB PROVIDES SOFT DRINKS AND OTHER COCKTAILS TO ITS MEMBERS DURING THE YEAR.

Program 3

Expenses: $515,133 Revenue: $0

STORAGE AND LEASING: AS PART OF ITS MISSION, THE MIAMI OUTBOARD CLUB PROVIDES STORAGE AND LEASING SERVICES TO ITS 600 MEMBERS DURING THE YEAR.

🔒

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 $170,362

Program Service Revenue $1,905,263

Investment Income $0

Other Revenue $887,751

TOTAL REVENUE $2,963,376

Expense Breakdown

Grants Paid $0

Salaries & Benefits $643,671

Fundraising Expenses $0

Program Expenses $1,612,035

Other Expenses $1,697,635

TOTAL EXPENSES $2,341,306

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,963,376	$2,633,353	+0.1%
Expenses	$2,341,306	$2,558,622	-0.1%
Net Income	$622,070	$74,731	+7.3%

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

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
JULIO AMORES	GOVERNOR	1	Director	$0	$0	$0
DAN CARBALLO	GOVERNOR	1	Director	$0	$0	$0
ORLANDO DELGADO	GOVERNOR	1	Director	$0	$0	$0
ANGEL FERNANDEZ	GOVERNOR	1	Director	$0	$0	$0
HERMEN FERRAZ	GOVERNOR	1	Director	$0	$0	$0
EBERALDO HERNANDEZ	GOVERNOR	1	Director	$0	$0	$0
MISAEL GARCIA	GOVERNOR	1	Director	$0	$0	$0
JOE OTERO	GOVERNOR	1	Director	$0	$0	$0
MANUEL RODRGUIEZ LESTON	GOVERNOR	1	Director	$0	$0	$0
TONY HERNANDEZ	SECRETARY	2	Officer Director	$0	$0	$0
GONZALO PLANAS	COMMODORE	2	Officer Director	$0	$0	$0
RALPH VIRGO	VICE COMMODORE	2	Officer Director	$0	$0	$0
JOSE TRUJILLO	REAR COMMODORE	2	Officer Director	$0	$0	$0
GABRIEL PIEDRAHITA	TREASURER	2	Officer Director	$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
2025	$2,963,376	$2,341,306	$3,524,551	$622,070
2024	$2,633,353	$2,558,622	$3,027,220	$74,731
2023	$2,494,760	$2,222,696	$2,730,453	$272,064
2022	$2,218,062	$1,931,011	$2,414,929	$287,051
2021	$1,805,935	$1,433,254	$2,094,787	$372,681
2020	$2,033,857	$1,881,038	$1,734,890	$152,819
2019	$2,050,624	$1,858,497	$1,614,913	$192,127
2018	$1,685,847	$1,702,865	$1,433,768	$-17,018