BEVERLY BEACH IMPROVEMENT CLUB (EIN 916054664) - 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

1995

Legal Domicile

Principal Officer

KAREN SELBOE

Phone

3607301203

Tax Period

2023-08-01 to 2024-07-31

BEVERLY BEACH IMPROVEMENT CLUB, founded in 1995, is a small nonprofit that reported $128K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $47K, a strong 37% operating margin.

Mission

MAINTAINS AND OPERATES A COMMUNITY WELL, WATER TREATMENT, AND DISTRIBUTION SYSTEM

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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 $98,676

Program Service Revenue $4,365

Investment Income $24,990

Other Revenue $0

TOTAL REVENUE $128,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $76,696

Other Expenses $80,702

TOTAL EXPENSES $80,702

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,031	$111,119	+0.2%
Expenses	$80,702	$71,584	+0.1%
Net Income	$47,329	$39,535	+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
ALEX WAGNER	TRUSTEE	1.00	Director	$0	$0	$0
RANDY WEISZ	TRUSTEE	1.00	Director	$0	$0	$0
HUGH GERRARD	SECRETARY	2.00	Director	$0	$0	$0
LAURA LAHM	TREASURER	4.00	Officer	$0	$0	$0
KIP MCKENZIE	CO-PRESIDENT	2.00	Officer	$0	$0	$0
KAREN SELBOE	TRUSTEE	1.00	Officer	$0	$0	$0
JOHN HORN	CO-PRESIDENT	2.00	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	No data	No data	No data	No data
2024	$128,031	$80,702	$774,715	$47,329
2023	$111,119	$71,584	$710,657	$39,535
2022	$91,111	$72,688	$660,468	$18,423
2021	$84,682	$59,038	$631,077	$25,644
2020	$80,796	$72,805	$573,779	$7,991
2019	$62,914	$87,933	$543,790	$-25,019

BEVERLY BEACH IMPROVEMENT CLUB