THE EVERETT YACHT CLUB (EIN 910215011) - 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

1907

Legal Domicile

Principal Officer

BERRY ZIMMERMAN

Phone

4254221167

Tax Period

2024-04-01 to 2025-03-31

THE EVERETT YACHT CLUB, founded in 1907, is a small nonprofit that reported $166K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $141K left a modest 15% surplus.

Mission

TO FOSTER RECREATIONAL BOATING ACTIVITIES WITHIN PUGET SOUND AND VICINITY BY PROVIDING A SUPPORT ORGANIZATION, A CLUBHOUSE, AND EQUIPMENT. TO SERVE THE SOCIAL NEEDS OF OUR MEMBERS WHILE MANAGING THE CLUB'S ASSETS IN A FISCALLY RESPONSIBLE MANNER.

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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 $98,922

Program Service Revenue $53,956

Investment Income $32

Other Revenue $12,761

TOTAL REVENUE $165,671

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $50

Other Expenses $141,401

TOTAL EXPENSES $141,401

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,671	$148,117	+0.1%
Expenses	$141,401	$127,626	+0.1%
Net Income	$24,270	$20,491	+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

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
DANIEL BOIRUM	TRUSTEE	2.00	Director	$0	$0	$0
KENNETH CHAPPEL	DIRECTOR	2.00	Director	$0	$0	$0
RONALD COLLINS	DIRECTOR	2.00	Director	$0	$0	$0
PETER EDGERS	TRUSTEE	2.00	Director	$0	$0	$0
ADAM KLETT	REAR COMMODO	5.00	Director	$0	$0	$0
PERRY MOORE	TRUSTEE	2.00	Director	$0	$0	$0
SCOTT TENHULZEN	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL THOMPSON	FLEET CAPTAI	5.00	Director	$0	$0	$0
JOANN TOLENTINO	DIRECTOR	2.00	Director	$0	$0	$0
KAREN BURNWORTH	SECRETARY	2.00	Officer	$0	$0	$0
STEVEN DITTOE	VICE COMMODO	5.00	Officer	$0	$0	$0
MICHELLE LUCKIE	COMMODORE	12.00	Officer	$0	$0	$0
BERRY ZIMMERMAN	TREASURER	10.00	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
2025	$165,671	$141,401	$1,461,040	$24,270
2024	$148,117	$127,626	$1,461,916	$20,491
2023	$115,944	$112,271	$1,294,698	$3,673
2022	$206,263	$95,090	$1,314,866	$111,173
2021	$44,740	$87,899	$1,277,018	$-43,159
2020	$129,358	$70,400	$1,187,714	$58,958

THE EVERETT YACHT CLUB