OLYMPIA YACHT CLUB (EIN 910346680) - 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

1904

Legal Domicile

Principal Officer

STEVE PARROTT

Phone

3603576767

Tax Period

2023-01-01 to 2023-12-31

OLYMPIA YACHT CLUB, founded in 1904, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. The organization ran a surplus of $258K, a strong 21% operating margin.

Mission

OLYMPIA YACHT CLUB IS A CLUB ORGANIZED FOR PLEASURE AND RECREATION, OF WHICH NO PART OF THE NET EARNINGS BENEFIT ANY PRIVATE MEMBER.

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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 $538,092

Program Service Revenue $679,930

Investment Income $28,689

Other Revenue $2,141

TOTAL REVENUE $1,248,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,943

Fundraising Expenses $0

Other Expenses $861,079

TOTAL EXPENSES $991,022

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,248,852	$1,211,972	+0.0%
Expenses	$991,022	$1,018,904	0.0%
Net Income	$257,830	$193,068	+0.3%

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

Volunteers

208

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
RICH BERGHOLZ	TRUSTEE	N/A	Director	$0	$0	$0
SHANNON CURTIS	SECRETARY	N/A	Officer Director	$0	$0	$0
JOHN ERWIN	TRUSTEE	N/A	Director	$0	$0	$0
RION GROVES	TREASURER	N/A	Officer Director	$0	$0	$0
STEVE PARROTT	TRUSTEE CHAI	N/A	Officer Director	$0	$0	$0
BOB SANDS	TRUSTEE	N/A	Director	$0	$0	$0
ED STOLARIK	TRUSTEE	N/A	Director	$0	$0	$0
LENORA TANAKA	COMMODORE	N/A	Director	$0	$0	$0
TIM WHIPPLE	TRUSTEE	N/A	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	$1,248,852	$991,022	$5,897,490	$257,830
2022	$1,211,972	$1,018,904	$5,633,817	$193,068
2021	$1,171,402	$1,051,772	$5,462,170	$119,630
2020	$1,195,856	$927,575	$5,355,560	$268,281
2019	$1,299,258	$935,168	$5,150,068	$364,090
2018	$1,213,341	$945,054	$4,774,798	$268,287

OLYMPIA YACHT CLUB