PLATINUM POINT YACHT CLUB INC (EIN 592601311) - 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

1984

Legal Domicile

Principal Officer

DREW MYERS

Phone

9416390733

Tax Period

2024-11-01 to 2025-10-31

PLATINUM POINT YACHT CLUB INC, founded in 1984, is a small nonprofit that reported $246K in total revenue in fiscal year 2024. Expenses of $223K left a modest 9% surplus.

Mission

SOCIAL AND EDUCATIONAL BOAT 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $167,853

Investment Income $11,058

Other Revenue $67,040

TOTAL REVENUE $245,951

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,329

Fundraising Expenses $0

Program Expenses $159,783

Other Expenses $177,492

TOTAL EXPENSES $222,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$245,951	$239,097	+0.0%
Expenses	$222,821	$238,584	-0.1%
Net Income	$23,130	$513	+44.1%

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

N/A

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
BILL LANGER	Director	1.00	Director	$0	$0	$0
SCOTT KINGDON	Director	1.00	Director	$0	$0	$0
TINA DELF	Director	1.00	Director	$0	$0	$0
KELLEE GABEL	Director	1.00	Director	$0	$0	$0
DOUG TERRELL	Director	1.00	Director	$0	$0	$0
PAUL CHLAN	Director	1.00	Director	$0	$0	$0
MANNY PEREZ	Director	1.00	Director	$0	$0	$0
HANS BOERMA	Director	1.00	Director	$0	$0	$0
MIKE KOKINDA	Director	1.00	Director	$0	$0	$0
DIANE SEGGER	PAST COMMODORE	1.00	Director	$0	$0	$0
JACK BUTLER	Treasurer	2.00	Officer	$0	$0	$0
KATIE SAUER	VICE COMMODORE	2.00	Officer	$0	$0	$0
GEORGE STAPLES	REAR COMMODORE	2.00	Officer	$0	$0	$0
SUE SMITH	Secretary	2.00	Officer	$0	$0	$0
JACK BUTLER	Treasurer	2.00	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
2025	$245,951	$222,821	$1,467,446	$23,130
2024	$239,097	$238,584	$1,472,898	$513
2023	$219,662	$223,852	$1,428,841	$-4,190
2022	$206,689	$195,974	$1,416,063	$10,715
2021	$160,672	$154,145	$1,364,202	$6,527
2020	$181,908	$229,978	$1,297,425	$-48,070
2019	$177,340	$207,087	$1,365,230	$-29,747
2018	$164,544	$174,374	$1,817,905	$-9,830

PLATINUM POINT YACHT CLUB INC