Northwest Yacht Brokers Association

EIN: 911455403

Seattle, WA

Total Revenue
$1,023,580
Total Expenses
$1,071,106
Total Assets
$376,781
Net Assets
$371,732
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
WA
Principal Officer
Paul Groesbeck
Phone
2067480012
Tax Period
2023-01-01 to 2023-12-31

Northwest Yacht Brokers Association, founded in 1988, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

To promote boating to the general public by means of a boat show, clinics and seminars for business owners. To promote high standards for boating operations through conduct in the transacting of the yacht sales business, to instill into the boating public a greater confidence in yacht brokers and dealers, to encourage greater interest in the welfare and safety of the boating public through such endeavors as public education, lobbying efforts and cooperation with other organizations.

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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 $0
Program Service Revenue $1,011,164
Investment Income $12,416
Other Revenue $0
TOTAL REVENUE $1,023,580

Expense Breakdown

Grants Paid $0
Salaries & Benefits $95,496
Fundraising Expenses $0
Other Expenses $975,610
TOTAL EXPENSES $1,071,106

Year-over-Year Comparison

2023 2022 Change
Revenue $1,023,580 $883,525 +0.2%
Expenses $1,071,106 $1,139,521 -0.1%
Net Income $-47,526 $-255,996 -0.8%
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
11
Independent Members
11
Employees
1
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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Byron Shirley Director 1.00
Director
$0 $0 $0
Frank O'Neil Director 1.00
Director
$0 $0 $0
Ken Monaghan Director 1.00
Director
$0 $0 $0
Harry Walp Pst Pres/Ex Brd 1.00
Officer Director
$0 $0 $0
Lesley Bishop Director 1.00
Director
$0 $0 $0
Amy Thornton Director 1.00
Director
$0 $0 $0
Ben Johnson Secretary 1.00
Officer Director
$0 $0 $0
Tony Witek Vice President 1.00
Officer Director
$0 $0 $0
Kevin Blake Treasurer 1.00
Officer Director
$0 $0 $0
Ray Prokorym Director 1.00
Director
$0 $0 $0
Paul Groesbeck President 1.00
Officer 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 $1,023,580 $1,071,106 $376,781 $-47,526
2022 $883,525 $1,139,521 $413,265 $-255,996
2021 $550,614 $632,996 $720,404 $-82,382
2020 $566,341 $742,017 $809,988 $-175,676
2019 $1,201,454 $1,107,284 $1,135,615 $94,170
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