PADRE ISLAND YACHT CLUB (EIN 742491234) - 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

1986

Legal Domicile

Principal Officer

LINDA SCHAEFFER

Phone

3619492248

Tax Period

2024-01-01 to 2024-12-31

PADRE ISLAND YACHT CLUB, founded in 1986, is a small nonprofit that reported $253K in total revenue in fiscal year 2024. The organization ran a surplus of $59K, a strong 23% operating margin.

Mission

BOATING, EDUCATION, AND RECREATION

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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 $138,244

Investment Income $8,804

Other Revenue $105,619

TOTAL REVENUE $252,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $193,670

TOTAL EXPENSES $193,670

Year-over-Year Comparison

	2024	2023	Change
Revenue	$252,667	$248,910	+0.0%
Expenses	$193,670	$200,111	0.0%
Net Income	$58,997	$48,799	+0.2%

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

186

Independent Members

186

Employees

N/A

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
DREW DIGGINS	PAST COMMODORE	2.00	Officer	$0	$0	$0
MIKE HETTICK	COMMODORE	10.00	Officer	$0	$0	$0
ANN AYLESWORTH	REAR COMMODORE	2.00	Officer	$0	$0	$0
LINDA SCHAEFFER	TREASURER	6.00	Officer	$0	$0	$0
GAIL IWANIAK	VICE COMMODORE	20.00	Officer	$0	$0	$0
LEE ELLEDGE	COMMUNICATIONS DIRECTOR	3.00	Director	$0	$0	$0
TIM LOCKMAN	CRUISE DIRECTOR	4.00	Director	$0	$0	$0
LYNN SILBERBERG	SOCIAL DIRECTOR	3.00	Director	$0	$0	$0
JOAN SCHULTZ	SECRETARY	2.00	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
2025	No data	No data	No data	No data
2024	$252,667	$193,670	$586,450	$58,997
2023	$248,910	$200,111	$524,618	$48,799
2022	$199,202	$163,998	$471,139	$35,204
2021	$185,970	$180,088	$451,057	$5,882
2020	$185,740	$140,967	$438,329	$44,773
2019	$221,768	$182,098	$389,633	$39,670

PADRE ISLAND YACHT CLUB