NORTH FLATHEAD YACHT CLUB (EIN 810358284) - 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

1975

Legal Domicile

Principal Officer

M'LYNN SCHWARTZ

Tax Period

2024-01-01 to 2024-12-31

NORTH FLATHEAD YACHT CLUB, founded in 1975, is a small nonprofit that reported $194K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $54K, a strong 28% operating margin.

Mission

PROVIDE/MAINTAIN FACILITIES AND ENCOURAGE PARTICIPATION IN THE SPORT OF SAILING

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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 $192,771

Investment Income $1,498

Other Revenue $61

TOTAL REVENUE $194,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,090

Fundraising Expenses $0

Other Expenses $124,504

TOTAL EXPENSES $140,594

Year-over-Year Comparison

	2024	2023	Change
Revenue	$194,330	$215,884	-0.1%
Expenses	$140,594	$144,036	0.0%
Net Income	$53,736	$71,848	-0.3%

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

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
GALEN HEALEY	COMMODORE	5.00	Officer Director	$0	$0	$0
CHRIS HOLDEN	VICE COMMODORE	5.00	Officer Director	$0	$0	$0
CHRIS WIGLEY	REAR COMMODORE	5.00	Officer Director	$0	$0	$0
SARAH BENEDICT	SECRETARY	5.00	Officer Director	$0	$0	$0
M'LYNN SCHWARTZ	TREASURER	5.00	Officer Director	$0	$0	$0
JOSH MOHLER	PORT CAPTAIN	5.00	Officer Director	$0	$0	$0
STAN STRATHMAN	VICE COMMODORE OF RACING	5.00	Officer Director	$0	$0	$0
HAILEY GRAF	PAST COMMODORE	1.00	Director	$0	$0	$0
ERIN HARAPAT	BOARD MEMBER	1.00	Director	$0	$0	$0
GINJER YACHECHAK	BOARD MEMBER	1.00	Director	$0	$0	$0
GAYLE GRAF	BOARD MEMBER	1.00	Director	$0	$0	$0
ISAAC HALL	BOARD MEMBER	1.00	Director	$0	$0	$0
DREW MINER	BOARD MEMBER	1.00	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	$194,330	$140,594	$1,053,637	$53,736
2023	$215,884	$144,036	$1,049,671	$71,848
2022	$190,164	$130,634	$1,023,055	$59,530
2021	$185,134	$127,460	$1,008,881	$57,674
2020	$155,516	$117,669	$989,853	$37,847
2019	$172,186	$115,087	$981,436	$57,099
2018	$200,150	$127,188	$953,219	$72,962

NORTH FLATHEAD YACHT CLUB