Classic Yacht Association

Nonprofit profile at a glance

EIN
900396800
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
Glendora, CA, USA
Phone
2069376211
Rating confidence
Limited
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$75,264
Expenses
$78,054
Assets
$3,991

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • MIKE FAZIO (President)

People named in this filing

  • MARTINE ROUDIER (OFFICER)
  • JOHN PECKHAM (REAR COMMODORE)
  • ALAN ALMQUIST (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Since 1969, the clasic yacht association's purpose is to educate its members, related marine groups, and the general public in the promotion, preservation, restoration, and maintenance of fine, old, power-driven craft. Similarly, the organization also cultivates a spirit of friendship among its members and promotes the welfare and happiness of its members.the classic yacht association has an active calendar of yachting, educational, and social activities to support this mission. The classic yacht association is located across geographies and members can participate in activities among all its fleets. Join us in focusing attention on the unique craftmanship and design of the classic era.

What it reported doing in 2024

Originally formed of thirteen charter members, the membership numbers over 300 and continues to grow. More than 600 classics have been registered by the association since 1969. Significant historical records have been preserved on vessels in the association's archives, and in one instance, an entire yard's records have been preserved in a local mueseum available for the general public.in general, the qualifications for membership of a boat that it be of good design, construction, and maintenance, built prior to december 31, 1964, and show no external altertions that detract from the designer's original intent. Additional objectives of the classic yacht assocaitoin are to promote, sponsor, and develop yachting activities for the association and its fleets and to cultivate a spirit of friendship among its members and those interested in the old boats and their era. Classic yachting is a demanding but rewarding activity that is enjoyed by the members, their families, and their friends. Scraping, varnishing, replacing, and repairing takes up much of the time. However, all of the fleets maintain an active schedule of cruises and other events. Cya fleets participate in many community activities, opening day parades in most areas, and fun get-togethers.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.7%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -18.3% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: 8.4% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: -28.6% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.