VERO BEACH YACHT CLUB INC

EIN: 591203027

VERO BEACH, FL

Total Revenue
$3,321,258
Total Expenses
$2,893,226
Total Assets
$4,022,529
Net Assets
$3,767,097
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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
FL
Principal Officer
JANE BOOTH
Phone
7722312211
Tax Period
2024-01-01 to 2024-12-31

VERO BEACH YACHT CLUB INC, founded in 1926, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. Expenses of $2.9M left a modest 13% surplus.

Mission

SOCIAL 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 $0
Program Service Revenue $3,190,396
Investment Income $48,558
Other Revenue $82,304
TOTAL REVENUE $3,321,258

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,239,848
Fundraising Expenses $0
Program Expenses $2,893,226
Other Expenses $1,653,378
TOTAL EXPENSES $2,893,226

Year-over-Year Comparison

2024 2023 Change
Revenue $3,321,258 $3,216,641 +0.0%
Expenses $2,893,226 $2,802,657 +0.0%
Net Income $428,032 $413,984 +0.0%
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
4
Independent Members
4
Employees
33
Volunteers
50

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GODON SELLERS COMMODORE 5.00
Officer Director
$0 $0 $0
KATHLEEN KINASEWITZ SECRETARY 5.00
Officer Director
$0 $0 $0
JANE BOOTH TREASURER/VICE COMMODORE 5.00
Officer Director
$0 $0 $0
JAMES DONOVAN REAR COMMODORE 5.00
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
2024 $3,321,258 $2,893,226 $4,022,529 $428,032
2023 $3,216,641 $2,802,657 $3,589,312 $413,984
2022 $2,602,713 $2,399,740 $3,161,661 $202,973
2021 $2,111,597 $1,897,826 $2,869,008 $213,771
2019 $2,080,299 $1,845,942 $2,526,190 $234,357
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