CHICAGO YACHT CLUB REGATTA ASSOCIATION INC (EIN 814439737) - 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

TED JONES

Phone

3128617777

Tax Period

2023-01-01 to 2023-12-31

CHICAGO YACHT CLUB REGATTA ASSOCIATION INC, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $514K in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum.

Mission

PROMOTE SOCIAL WELFARE OF THE COMMUNITY AND TO PROMOTE AMATEUR SAILING COMPETITIONS

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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 $0

Program Service Revenue $386,735

Investment Income $0

Other Revenue $126,822

TOTAL REVENUE $513,557

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,169

Fundraising Expenses $0

Program Expenses $513,556

Other Expenses $385,387

TOTAL EXPENSES $513,556

Year-over-Year Comparison

	2023	2022	Change
Revenue	$513,557	$279,362	+0.8%
Expenses	$513,556	$271,435	+0.9%
Net Income	$1	$7,927	-1.0%

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
TED JONES	PRESIDENT	10.00	Officer Director	$0	$0	$0
STEVE DORFMAN	TREASURER	10.00	Officer Director	$0	$0	$0
TOM FALCK	SECRETARY	10.00	Officer Director	$0	$0	$0
MARTIN SANDOVAL	BOARD MEMBER	10.00	Director	$0	$0	$0
IAN FISHER	BOARD MEMBER	10.00	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	$513,557	$513,556	$323,599	$1
2022	$279,362	$271,435	$312,953	$7,927
2021	$657,376	$659,595	$314,904	$-2,219
2020	$195,362	$194,883	$309,945	$479
2019	$742,528	$741,712	$744,925	$816

CHICAGO YACHT CLUB REGATTA ASSOCIATION INC