Upper Minnetonka Yacht Club

Nonprofit profile at a glance

EIN
410888761
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Shorewood, MN, USA
Phone
9522218316
Rating confidence
Limited
Sector
Amateur Sports

Official website

Reported finances

Revenue
$101,129
Expenses
$112,291
Assets
$438,713
Liabilities
$40,475

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

Leadership & pay

9 people listed

People named in this filing

  • KEITH MORICAL WESTONKA SAILING DIR (REAR COMMODORE)
  • SCOTT COLESWORTHY (COMMODORE)
  • KEVIN KENNY (RACING 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the advancement of member interests in aquatic and other water-related recreational sports, encouraging and teaching safe boating and yachting. Inviting the public to engage in umyc activities both socially on land and on the water. Promoting sailboat racing and providing access to lake minnetonka for those interested in canoeing, kayaking, paddle boards, kona boards, and similar craft. Advancing for members and open to the public, mc scow clinics to advance learning about sailing and sailboat racing, and providing watercraft to advance skills and use for teaching purposes.

What it reported doing in 2025

The club actively promotes sailing clinics for both mc scows and keelboats, welcoming the public. The annual open house, in collaboration with the sailing school, showcased sailing, cruising, and racing of sailboats. Regular updates via email, social media, and website (umyc.org) kept members and the public informed about events, encouraging ongoing participation in all programs, including keelboat sailing.

Operating model

Revenue model
Other-operating. 63% of the money available for current operations came from other operating revenue.
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: 43
  • Growth: 60

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: -11%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 3.91; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 9.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 0% per year; rating input score 100; 26th 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 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2020 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 13/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.