Lake Worth Boating and Ski Club

EIN: 750905906

Fort Worth, TX

Total Revenue
$153,532
Total Expenses
$149,632
Total Assets
$69,177
Net Assets
$68,988
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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
1951
Legal Domicile
TX
Principal Officer
Laurie Hamm
Phone
8172374731
Tax Period
2025-01-01 to 2025-12-31

Lake Worth Boating and Ski Club, founded in 1951, is a small nonprofit that reported $154K in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

Social and recreational club to support innocent sport, to wit, a private boating and ski club.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $71,045
Program Service Revenue $51,085
Investment Income $0
Other Revenue $31,402
TOTAL REVENUE $153,532

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $57,959
Other Expenses $149,632
TOTAL EXPENSES $149,632

Year-over-Year Comparison

2025 2024 Change
Revenue $153,532 $127,174 +0.2%
Expenses $149,632 $147,292 +0.0%
Net Income $3,900 $-20,118 -1.2%
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

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Governance

Voting Members
11
Independent Members
11
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
11
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sterling Kenyon Commodore 10.00
Officer
$0 $0 $0
Matt Blackstock Vice Commodore 2.00
Officer
$0 $0 $0
Jackie Broussard Secretary 2.00
Officer
$0 $0 $0
Laurie Hamm Treasurer 10.00
Officer
$0 $0 $0
Tommy Anderson Business Manager 10.00
Officer
$0 $0 $0
Nick Dear Board Member 2.00
Officer
$0 $0 $0
Tommy Roland Board Member 2.00
Officer
$0 $0 $0
Heather West Board Member 2.00
Officer
$0 $0 $0
Thomas Sonnier Board Member 2.00
Officer
$0 $0 $0
Jerry Mullings Board Member 2.00
Officer
$0 $0 $0
Jon Fincher Board Member 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 $153,532 $149,632 $69,177 $3,900
2024 $127,174 $147,292 $74,333 $-20,118
2023 $152,825 $145,474 $96,939 $7,351
2022 $171,808 $178,500 $89,588 $-6,692
2021 $117,265 $113,484 $134,444 $3,781
2020 $75,573 $96,197 $130,663 $-20,624
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