ST CROIX YACHT CLUB INC (EIN 670251709) - 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

1952

Legal Domicile

Principal Officer

KARL GRUBER

Phone

3407739531

Tax Period

2023-01-01 to 2023-12-31

ST CROIX YACHT CLUB INC, founded in 1952, is a small nonprofit that reported $849K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

PROMOTING INTEREST AND ACTIVITY IN THE OWNERSHIP, RACING AND CRUISING OF YACHTS AND SMALL BOATS; PROVIDING A MEETING PLACE FOR MEMBERS; AUGMENTING THE RECREATIONAL FACILITIES AND VISITOR ATTRACTIONS OF THE ISLAND OF ST. CROIX.

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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 $520,772

Program Service Revenue $157,788

Investment Income $1,235

Other Revenue $169,668

TOTAL REVENUE $849,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $529,761

Fundraising Expenses $0

Other Expenses $318,107

TOTAL EXPENSES $847,868

Year-over-Year Comparison

	2023	2022	Change
Revenue	$849,463	$683,436	+0.2%
Expenses	$847,868	$686,024	+0.2%
Net Income	$1,595	$-2,588	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED BIBLE	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN BOSCHEN	REAR-COMMODO	5.00	Officer Director	$0	$0	$0
KARL GRUBER	COMMODORE	15.00	Officer Director	$0	$0	$0
NANCY HASSON	VICE-COMMODO	15.00	Officer Director	$0	$0	$0
CATHERINE HENDRY	DIRECTOR	2.00	Director	$0	$0	$0
BEECHER HIGBY	DIRECTOR	2.00	Officer Director	$0	$0	$0
STAN JOINES	FLEET CAPTAI	5.00	Director	$0	$0	$0
JUDY LEONARDIS	SECRETARY	5.00	Officer Director	$0	$0	$0
ANTHONY MAURO	DIRECTOR	2.00	Director	$0	$0	$0
RODNEY MOOREHEAD	DIRECTOR	2.00	Director	$0	$0	$0
JOHN MORRA	TREASURER	5.00	Officer Director	$0	$0	$0
DAVID NAGEL	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$849,463	$847,868	$1,150,799	$1,595
2022	$683,436	$686,024	$1,021,222	$-2,588
2021	$713,599	$744,707	$901,625	$-31,108
2020	$510,571	$536,448	$867,791	$-25,877
2019	$511,739	$610,653	$804,275	$-98,914
2018	$502,451	$467,074	$963,193	$35,377
2017	$390,543	$365,867	$656,476	$24,676

ST CROIX YACHT CLUB INC