ADMIRALS COVE YACHT CLUB INC (EIN 650182857) - 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

1990

Legal Domicile

Principal Officer

PAULA JEAN HUNT

Phone

5617441700

Tax Period

2023-11-01 to 2024-10-31

ADMIRALS COVE YACHT CLUB INC, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $224K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

TO PROMOTE BOATING AND SOCIAL EVENTS, SAFETY AND EDUCATION, RENDEZVOUS AND CAMARADERIE.

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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 $136,159

Program Service Revenue $87,746

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $202,429

Other Expenses $218,122

TOTAL EXPENSES $218,122

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,905	$246,152	-0.1%
Expenses	$218,122	$245,207	-0.1%
Net Income	$5,783	$945	+5.1%

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

Employees

N/A

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
DR JOEL LEON	COMMODORE	5.00	Director	$0	$0	$0
JEFF BUCHALTER	VICE COMMODORE	5.00	Director	$0	$0	$0
RAYMOND NOLTE	REAR COMMODORE	5.00	Director	$0	$0	$0
TIMOTHY BOWE	FLEET CAPTAIN	5.00	Director	$0	$0	$0
RICHARD NORTH	TREASURER	5.00	Director	$0	$0	$0
ELIZABETH POLOSKEY	SECRETARY	5.00	Director	$0	$0	$0
BETH ROCKOFF	ASSISANT SECRETARY	5.00	Director	$0	$0	$0
DR MICHAEL SLAVIN	FLEET SURGEON	5.00	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	$223,905	$218,122	$51,228	$5,783
2023	$246,152	$245,207	$45,445	$945

ADMIRALS COVE YACHT CLUB INC