FAIRHOPE, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FAIRHOPE YACHT CLUB, founded in 1944, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.
The organizations purpose is to support and encourage the sport of yachting including sailing racing power boating and cruising provide good fellowship among members and to encourage sportsmanship and general boating safety.
Harbor Slips: Sailing and power boat slips with boat ramp and one hoist 400+ members involved
Jr Sailing and training programs for4 high school programs for local high school students also with Jr Yacht Club Members. Race and Regatta including fleet committee boat and other sponsored regattas.
Mainsheet - Information publication
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,490,625 | $2,246,405 | +0.1% |
| Expenses | $2,495,655 | $2,273,960 | +0.1% |
| Net Income | $-5,030 | $-27,555 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Pat Colvin | Office Manager | 40.00 |
Key Emp
|
$60,113 | $0 | $60,113 |
| David Willits | General Manager | 40.00 |
Key Emp
|
$126,508 | $0 | $126,508 |
| Catherin Cromartie | Board Chairman | 8.00 |
Director
|
$0 | $0 | $0 |
| David Roberts | Board Member | 8.00 |
Director
|
$0 | $0 | $0 |
| John Cocke | Board Member | 8.00 |
Director
|
$0 | $0 | $0 |
| Michael Amos | Board Member | 8.00 |
Director
|
$0 | $0 | $0 |
| Monty Montgomery | Board Member | 8.00 |
Director
|
$0 | $0 | $0 |
| Scot Hartwell | Board Member | 8.00 |
Director
|
$0 | $0 | $0 |
| Bob Kinler | Board Member | 8.00 |
Director
|
$0 | $0 | $0 |
| Philip Durant | Commodore | 16.00 |
Officer
|
$0 | $0 | $0 |
| John Adams | Vice Commodore | 8.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,490,625 | $2,495,655 | $6,674,927 | $-5,030 |
| 2023 | $2,246,405 | $2,273,960 | $6,771,798 | $-27,555 |
| 2022 | $2,071,276 | $1,970,717 | $6,893,527 | $100,559 |
| 2021 | $1,926,688 | $1,800,932 | $6,876,311 | $125,756 |
| 2020 | $1,546,795 | $1,696,038 | $6,817,529 | $-149,243 |
Compare FAIRHOPE YACHT CLUB with other nonprofits in Alabama and across the country.