NORTH FLATHEAD YACHT CLUB

EIN: 810358284

SOMERS, MT

Total Revenue
$223,894
Total Expenses
$181,605
Total Assets
$1,041,723
Net Assets
$1,041,401
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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
MT
Principal Officer
M'LYNN SCHWARTZ
Tax Period
2025-01-01 to 2025-12-31

NORTH FLATHEAD YACHT CLUB, founded in 1975, is a small nonprofit that reported $224K in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $42K, a strong 19% operating margin.

Mission

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

Program Service Accomplishments

Program 1

A MEMBERSHIP ORGANIZATION FORMED TO ENHANCE ENJOYMENT OF THE SPORT OF SAILING AND PROVIDE AND MAINTAIN FACILITIES FOR THAT PURPOSE ON THE SHORES OF FLATHEAD LAKE. NFYC ALSO MAINTAINS A STRONG RACING...

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A MEMBERSHIP ORGANIZATION FORMED TO ENHANCE ENJOYMENT OF THE SPORT OF SAILING AND PROVIDE AND MAINTAIN FACILITIES FOR THAT PURPOSE ON THE SHORES OF FLATHEAD LAKE. NFYC ALSO MAINTAINS A STRONG RACING PROGRAM, AND PROVIDES CRUISING EVENTS, SOCIAL EVENTS, AND SAFETY PROGRAMS FOR ITS MEMBERS

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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 $0
Program Service Revenue $222,273
Investment Income $1,621
Other Revenue $0
TOTAL REVENUE $223,894

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,395
Fundraising Expenses $0
Other Expenses $163,210
TOTAL EXPENSES $181,605

Year-over-Year Comparison

2025 2024 Change
Revenue $223,894 $194,330 +0.2%
Expenses $181,605 $140,594 +0.3%
Net Income $42,289 $53,736 -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

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Governance

Voting Members
13
Independent Members
12
Employees
3
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
8
$4,676
Total Directors
13
$4,676
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
M'LYNN SCHWARTZ TREASURER 10.00
Officer Director
$4,676 $0 $4,676
HAILEY GRAF PAST COMMODORE 5.00
Officer Director
$0 $0 $0
GALEN HEALEY COMMODORE 5.00
Officer Director
$0 $0 $0
CHRIS HOLDEN VICE COMMODORE 5.00
Officer Director
$0 $0 $0
STAN STRATHMAN VICE COMMODORE OF RACING 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
JOSH MOHLER PORT CAPTAIN 1.00
Officer Director
$0 $0 $0
GAYLE GRAF BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
ANDREW MINER BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
ISAAC HALL BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
ERIN HARAPAT BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
GINJER YACHECHAK BOARD MEMBER AT LARGE 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
2025 $223,894 $181,605 $1,041,723 $42,289
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
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