UNITED STATES SAILING CENTER OF MARTIN COUNTY INC (EIN 650377617) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

DAVID BLOTNICK

Phone

7723348085

Tax Period

2023-10-01 to 2024-09-30

UNITED STATES SAILING CENTER OF MARTIN COUNTY INC, founded in 1992, is a community nonprofit in the Recreation & Sports sector that reported $1.3M in total revenue in fiscal year 2023. Net assets of $2.8M represent 26 months of operating reserves.

Mission

US SAILING CENTER OF MARTIN COUNTY, INC IS COMMITTED TO BROADENING THE BASE OF THE SPORT OF SAILING THROUGH DEDICATED, AFFORDABLE, COMMUNITY SAILING PROGRAMS FOR YOUTH AND ADULTS, AND PROVIDING SUPPORT FOR THE DEVELOPMENT OF FUTURE CHAMPIONS AND OLYMPIC RACERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $443,053

Program Service Revenue $761,244

Investment Income $45,965

Other Revenue $58,660

TOTAL REVENUE $1,308,922

Expense Breakdown

Grants Paid $0

Salaries & Benefits $745,943

Fundraising Expenses $61,897

Program Expenses $1,030,281

Other Expenses $541,638

TOTAL EXPENSES $1,287,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,308,922	$1,231,575	+0.1%
Expenses	$1,287,581	$1,122,401	+0.1%
Net Income	$21,341	$109,174	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BLOTNICK	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
LINDA GARDNER	DIRECTOR	2.00	Director	$0	$0	$0
JEFF LESLIE	TREASURER	3.00	Officer Director	$0	$0	$0
BRADFORD DAVEY	DIRECTOR	2.00	Director	$0	$0	$0
JIM ST JOHN	DIRECTOR	2.00	Director	$0	$0	$0
JEFF MILLAR	SECRETARY	3.00	Officer Director	$0	$0	$0
H B BARRETT	DIRECTOR	2.00	Director	$0	$0	$0
DON WOODWORTH	DIRECTOR	2.00	Director	$0	$0	$0
ROB WIRE	DIRECTOR	2.00	Director	$0	$0	$0
JOAN GIBBONS	DIRECTOR	2.00	Director	$0	$0	$0
CHARLIE MACNIDER	PRESIDENT	3.00	Officer Director	$0	$0	$0
ADAM GEE	EXECUTIVE DIRECTOR	40.00	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	$1,308,922	$1,287,581	$3,042,536	$21,341
2023	$1,231,575	$1,122,401	$2,880,343	$109,174
2023	$1,231,575	$1,122,401	$2,880,343	$109,174
2022	$1,472,740	$1,015,343	$2,637,919	$457,397
2021	$1,341,895	$836,789	$2,446,302	$505,106
2020	$1,088,190	$858,265	$1,911,106	$229,925
2019	$1,289,917	$736,512	$1,617,709	$553,405
2018	$883,976	$683,273	$1,049,851	$200,703

UNITED STATES SAILING CENTER OF MARTIN COUNTY INC