SANTA MONICA YACHT CLUB INC

EIN: 952676560 Recreation & Sports

MARINA DEL REY, CA

Total Revenue
$667,835
Total Expenses
$608,657
Total Assets
$582,391
Net Assets
$533,539
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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
1941
Legal Domicile
CA
Principal Officer
JAY NAGER
Phone
3108277692
Tax Period
2025-01-01 to 2025-12-31

SANTA MONICA YACHT CLUB INC, founded in 1941, is a small nonprofit in the Recreation & Sports sector that reported $668K in total revenue in fiscal year 2025. Expenses of $609K left a modest 9% surplus.

Mission

YACHT CLUB. PROVIDES GENERAL BOATING AND SOCIAL ACTIVITIES WITH SUBSTANTIAL COMMUNITY AND YOUTH PROGRAMS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $274,343
Program Service Revenue $367,949
Investment Income $15,218
Other Revenue $10,325
TOTAL REVENUE $667,835

Expense Breakdown

Grants Paid $0
Salaries & Benefits $242,825
Fundraising Expenses $0
Program Expenses $316,469
Other Expenses $365,832
TOTAL EXPENSES $608,657

Year-over-Year Comparison

2025 2024 Change
Revenue $667,835 $656,330 +0.0%
Expenses $608,657 $633,779 0.0%
Net Income $59,178 $22,551 +1.6%
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
13
Independent Members
13
Employees
25
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
6
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHE BASS Director 2.00
Director
$0 $0 $0
TIM JOENSON Director 2.00
Director
$0 $0 $0
THEMIS GLATMAN Director 5.00
Director
$0 $0 $0
MARCY RYE REAR COMMODORE 10.00
Officer Director
$0 $0 $0
LUKE DEBARDELABEN Director 2.00
Director
$0 $0 $0
PAUL WISNER Director 2.00
Director
$0 $0 $0
MIKE DUBOSE Director 2.00
Director
$0 $0 $0
NICK SHOSTAK Director 2.00
Director
$0 $0 $0
ROSS PROUT JR STAFF COMMOD 10.00
Officer
$0 $0 $0
JAY NAGER COMMODORE 10.00
Officer
$0 $0 $0
STEVE POTTER FLEET CAPTAIN 20.00
Officer
$0 $0 $0
RON ORR Treasurer 10.00
Officer
$0 $0 $0
BRIAN SIMON VICE COMMODORE 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 $667,835 $608,657 $582,391 $59,178
2024 No data No data No data No data
2023 $646,083 $563,133 $494,306 $82,950
2022 $613,203 $537,981 $385,101 $75,222
2021 $539,680 $452,062 $231,882 $87,618
2020 $396,068 $394,707 $200,110 $1,361
2019 $421,634 $356,721 $194,236 $64,913
2018 $446,074 $410,313 $150,137 $35,761
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