WAVERLY MARINA ASSOCIATION (EIN 931176482) - 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

1997

Legal Domicile

Principal Officer

DAVID SOOTS

Phone

5032313985

Tax Period

2024-04-01 to 2025-03-31

WAVERLY MARINA ASSOCIATION, founded in 1997, is a small nonprofit that reported $444K in total revenue in fiscal year 2024. The organization ran a surplus of $117K, a strong 26% operating margin.

Mission

WAVERLY MARINA ASSOCIATION PROVIDES MOORAGE, FUEL DOCK, RECREATIONAL SERVICES, AND SOCIAL ACTIVITIES TO ITS MEMBERS. THE ORGANIZATION COLLECTS COMMON AREA FEES FROM THE MOORAGE MEMBERS TO MAINTAIN AND OPERATE THE MOORAGE SOLELY FOR THE BENEFIT OF MEMBERS.

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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 $322,618

Program Service Revenue $57,088

Investment Income $25,664

Other Revenue $38,263

TOTAL REVENUE $443,633

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,910

Fundraising Expenses $0

Other Expenses $264,366

TOTAL EXPENSES $326,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$443,633	$444,153	0.0%
Expenses	$326,276	$451,066	-0.3%
Net Income	$117,357	$-6,913	-18.0%

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

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
DAN TEKORIOUS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DAVID SOOTS	PRESIDENT	N/A	Officer Director	$0	$0	$0
COREY HILL	MEMBER AT LA	N/A	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
2025	$443,633	$326,276	$2,018,171	$117,357
2024	$444,153	$451,066	$1,942,853	$-6,913
2023	$890,130	$305,833	$1,949,694	$584,297
2022	$1,037,815	$359,803	$1,375,218	$678,012
2021	$10,688	$301,141	$881,262	$-290,453
2020	$396,184	$299,099	$981,438	$97,085
2019	$403,325	$267,507	$883,986	$135,818

WAVERLY MARINA ASSOCIATION