Fort Loudoun Yacht Club Inc (EIN 620633936) - 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

1960

Legal Domicile

Tax Period

2023-10-01 to 2024-09-30

Fort Loudoun Yacht Club Inc, founded in 1960, is a small nonprofit that reported $759K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $188K, a strong 25% operating margin.

Mission

To provide boating and social services to members.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $627,420

Investment Income $11,791

Other Revenue $119,434

TOTAL REVENUE $758,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $221,888

Fundraising Expenses $0

Program Expenses $570,246

Other Expenses $348,358

TOTAL EXPENSES $570,246

Year-over-Year Comparison

	2023	2022	Change
Revenue	$758,645	$676,818	+0.1%
Expenses	$570,246	$544,600	+0.0%
Net Income	$188,399	$132,218	+0.4%

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

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	Role	Reportable Comp	Other Comp	Total
John Dell	Director	Director	$0	$0	$0
Mike Sullivan	Director	Director	$0	$0	$0
Eric Hamilton	Director	Director	$0	$0	$0
Matt Lynch	Director	Director	$0	$0	$0
Tom Jones	Director	Director	$0	$0	$0
Justin Goins	Director	Director	$0	$0	$0
Eric Belcher	Vice Commodore	Officer Director	$0	$0	$0
Paul Kelly	Commodore	Officer Director	$0	$0	$0
Bud Sherrod	Rear Commodore	Officer Director	$0	$0	$0
Daniel Head	Treasurer	Officer Director	$0	$0	$0
Pat Sullivan	Secretary	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	$758,645	$570,246	$1,769,855	$188,399
2023	$676,818	$544,600	$1,606,217	$132,218
2022	$602,140	$506,676	$1,568,005	$95,464
2021	$602,935	$538,584	$1,423,070	$64,351
2020	$555,211	$478,745	$1,326,890	$76,466
2019	$481,994	$458,834	$1,213,141	$23,160
2018	$511,703	$491,733	$1,185,780	$19,970

Fort Loudoun Yacht Club Inc