INTERNATIONAL YACHT BROKERS ASSOCIATION INC (EIN 650015349) - 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

1987

Legal Domicile

Principal Officer

PAUL FLANNERY

Phone

9545229270

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL YACHT BROKERS ASSOCIATION INC, founded in 1987, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Expenses of $2.9M exceeded revenue, resulting in a 33% operating deficit.

Mission

TO UNITE THOSE ENGAGED IN THE YACHT BROKERAGE BUSINESS FOR THE PURPOSE OF PROMOTING PROFESSIONALISM AND COOPERATION AMONG ITS MEMBERS, AND TO PROMOTE AND MAINTAIN A HIGH STANDARD OF CONDUCT IN TRANSACTING OF THE YACHT BROKERAGE BUSINESS.

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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 $1,607,541

Investment Income $51,494

Other Revenue $548,977

TOTAL REVENUE $2,208,012

Expense Breakdown

Grants Paid $64,500

Salaries & Benefits $738,851

Fundraising Expenses $271,631

Program Expenses $1,848,854

Other Expenses $2,144,043

TOTAL EXPENSES $2,947,394

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,208,012	$2,151,187	+0.0%
Expenses	$2,947,394	$2,212,662	+0.3%
Net Income	$-739,382	$-61,475	+11.0%

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

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

$332,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRANT HENDERSON	PRESIDENT	6.00	Officer Director	$0	$0	$0
TREVOR CARROLL	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
BOB SAXON	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
GARY SMITH	SECRETARY	6.00	Officer Director	$0	$0	$0
JEFF STANLEY	TREASURER	6.00	Officer Director	$0	$0	$0
CHUCK CASHMAN	DIRECTOR	3.00	Director	$0	$0	$0
ANDY MILES	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL SCALISI	DIRECTOR	3.00	Director	$0	$0	$0
CARMINE GALATI JR	DIRECTOR	3.00	Director	$0	$0	$0
COLE WATKINS	DIRECTOR	3.00	Director	$0	$0	$0
MIKE CARLSON	DIRECTOR	3.00	Director	$0	$0	$0
PAUL FLANNERY	EXECUTIVE DI	40.00	Officer	$332,500	$0	$332,500

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	$2,208,012	$2,947,394	$1,802,702	$-739,382
2023	$2,151,187	$2,212,662	$2,566,183	$-61,475
2022	$1,831,177	$1,523,104	$2,573,068	$308,073
2021	$650,100	$1,199,420	$2,191,880	$-549,320
2020	$1,075,753	$1,030,032	$2,665,967	$45,721
2019	$1,168,137	$1,046,134	$2,541,549	$122,003
2018	$1,108,615	$1,181,621	$2,335,942	$-73,006

INTERNATIONAL YACHT BROKERS ASSOCIATION INC