Michigan City Yacht Club Inc

Nonprofit profile at a glance

EIN
350512773
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025, Form 990-N 2019
Location
Michigan City, IN, USA
Phone
2198793363
Rating confidence
Limited

Reported finances

Revenue
$89,829
Expenses
$107,518
Assets
$437,200
Liabilities
$400,000

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DAVID THOMPSON (PRESIDENT)

People named in this filing

  • DAVID THOMPSON (PRESIDENT)
  • DONNA WEIST (TREASURER/SE)
  • MIKE JONES (VICE COMMODO)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Michigan city yacht club was founded as a non-profit corporation for the promotion of yachting. Every effort was made to increase racing activities for sail yachts, to organize club cruises for power yachts, and to carry on the social life of the club in both summer and winter in a manner of interest to all members.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -19.7%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 4.07; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 15.5% per year; rating input score 100; 79th 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 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 8 filing years from 2013 to 2025
  • 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 — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.