PRIVATEER YACHT CLUB (EIN 626007575) - 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

1940

Legal Domicile

Principal Officer

Bill Jennings

Phone

4238779411

Tax Period

2024-01-01 to 2024-12-31

PRIVATEER YACHT CLUB, founded in 1940, is a small nonprofit that reported $198K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Net assets of $823K represent 50 months of operating reserves.

Mission

PROMOTE SAILING, WATERSPORTS AND ATHLETIC ENDEAVORS ON AND IN THE VICINITY OF THE TENNESSEE VALLEY LAKES.

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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 $109,420

Program Service Revenue $56,016

Investment Income $3,939

Other Revenue $28,520

TOTAL REVENUE $197,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,771

Other Expenses $199,771

TOTAL EXPENSES $199,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$197,895	$210,531	-0.1%
Expenses	$199,771	$166,654	+0.2%
Net Income	$-1,876	$43,877	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
ORENDA GREGORY	COMMODORE	15.00	Officer	$0	$0	$0
BILL ROBERTSON	VICE COMMODORE	10.00	Officer	$0	$0	$0
ANDREW POSTELL	REAR COMMODORE	10.00	Officer	$0	$0	$0
BILL JENNINGS	TREASURER	15.00	Officer	$0	$0	$0
ADAM ANKAR	SECRETARY	5.00	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	$197,895	$199,771	$829,202	$-1,876
2023	$210,531	$166,654	$854,837	$43,877
2022	$196,282	$195,505	$828,711	$777
2021	$185,526	$207,228	$909,717	$-21,702
2020	$152,208	$121,736	$818,807	$30,472
2019	$168,589	$151,164	$796,627	$17,425

PRIVATEER YACHT CLUB