STFYC INTERNATIONAL YACHT RACING FOUNDATION (EIN 813298806) - 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

2016

Legal Domicile

Principal Officer

ROBERT KEEFE

Phone

4155616662

Tax Period

2023-01-01 to 2023-12-31

STFYC INTERNATIONAL YACHT RACING FOUNDATION, founded in 2016, is a micro nonprofit in the Recreation & Sports sector that reported $38K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $47K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO FOSTER NATIONAL & INTERNATIONAL AMATEUR SPORTS COMPETITION IN SAILING AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THIS PURPOSE. THE FOUNDATION BELIEVES THIS PURPOSE IS ESPECIALLY WELL SERVED WHEN FOCUSED ON ENCOURAGING PARTICIPATION BY YOUTH & WOMEN SAILORS.

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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 $37,700

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $37,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,469

Other Expenses $46,946

TOTAL EXPENSES $46,946

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,700	$44,250	-0.1%
Expenses	$46,946	$23,977	+1.0%
Net Income	$-9,246	$20,273	-1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT KEEFE	PRESIDENT/CEO	4.00	Officer Director	$0	$0	$0
MARK DAHM	TREASURER	4.00	Officer Director	$0	$0	$0
SOPHIA SOLE	SECRETARY	2.00	Officer Director	$0	$0	$0
SEAN SVENDSEN	CHIEF FINANCIAL OFFICER	2.00	Director	$0	$0	$0
YURI NAMIKAWA	OPERATIONS	1.00	Director	$0	$0	$0
RISLEY SAMS	VICE PRESIDENT	1.00	Director	$0	$0	$0
DICK SWANSON	OPERATIONS	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	No data	No data	No data	No data
2023	$37,700	$46,946	$56,466	$-9,246
2022	$44,250	$23,977	$65,712	$20,273

STFYC INTERNATIONAL YACHT RACING FOUNDATION