BELVIDERE BOAT CLUB

EIN: 844662812

MOUNT CLEMENS, MI

Total Revenue
$70,438
Total Expenses
$45,674
Total Assets
$73,457
Net Assets
$72,957
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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
2019
Legal Domicile
MI
Principal Officer
JOHN BURCHFIELD
Phone
5865534385
Tax Period
2023-01-01 to 2023-12-31

BELVIDERE BOAT CLUB, founded in 2019, is a micro nonprofit that reported $70K in total revenue in fiscal year 2023. The organization ran a surplus of $25K, a strong 35% operating margin.

Mission

TO OBTAIN AND IMPART TO THE MEMBERSHIP INFORMATION RELATING TO GOOD BOATMANSHIP AT ALL TIMES. TO KEEP ABREAST OF ALL NEW BOATING RULES AND REGULATIONS. TO SEE THAT ALL MEMBERS OBEY ALL RULES AND REGULATIONS PERTAINING TO THE OPERATION OF A BOAT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $21,440
Program Service Revenue $38,123
Investment Income $6
Other Revenue $10,869
TOTAL REVENUE $70,438

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $45,674
TOTAL EXPENSES $45,674

Year-over-Year Comparison

2023 2022 Change
Revenue $70,438 $71,420 0.0%
Expenses $45,674 $56,075 -0.2%
Net Income $24,764 $15,345 +0.6%
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
86
Independent Members
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BURCHFIELD PRESIDENT N/A
Officer
$0 $0 $0
LAURA CABBLE SECRETARY N/A
Officer
$0 $0 $0
CATHY KUNSELMAN TREASURER N/A
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
2024 No data No data No data No data
2023 $70,438 $45,674 $73,457 $24,764
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