Port Charlotte Yacht Club Inc

EIN: 591117295

Punta Gorda, FL

Total Revenue
$-39,925
Total Expenses
$10,519
Total Assets
$302,054
Net Assets
$302,054
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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
1959
Legal Domicile
FL
Principal Officer
Constance H McAdam
Phone
9413807142
Tax Period
2024-01-01 to 2024-12-31

Port Charlotte Yacht Club Inc, founded in 1959, is a micro nonprofit that reported $40K in total revenue in fiscal year 2024.

Mission

Membership Social Yacht Club

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $450
Program Service Revenue $0
Investment Income $-40,399
Other Revenue $24
TOTAL REVENUE $-39,925

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $10,519
TOTAL EXPENSES $10,519

Year-over-Year Comparison

2024 2023 Change
Revenue $-39,925 N/A N/A
Expenses $10,519 N/A N/A
Net Income $-50,444 N/A N/A
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
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
9
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Constance H McAdam Acting Commodore 0.00
Officer
$0 $0 $0
Cherie Burnette Secretary Treasurer 0.00
Officer
$0 $0 $0
Keith Gordon Commodore 0.00
Officer
$0 $0 $0
James Nagy Vice Commodore 0.00
Officer
$0 $0 $0
Vlodimir Adamiak Director 0.00
Officer
$0 $0 $0
Garland Wilson Director 0.00
Officer
$0 $0 $0
Pat Nagy Director 0.00
Officer
$0 $0 $0
Gary Thoman Director 0.00
Officer
$0 $0 $0
Maureen Larkin Director 0.00
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 $-39,925 $10,519 $302,054 $-50,444
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