Palmers Cove Yacht Club Inc
Salem, Massachusetts
BHealth Score
61B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$515K
Total Revenue
📊
$549K
Total Expenses
🏦
$1.5M
Net Assets
📋
$571K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-6.9%
Year-over-year change (2022 → 2023)
Net Margin
-6.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.72
Net assets divided by total expenses
Liabilities-to-Assets
27.6%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $515,336↓7% | $548,545↑15% | $2,063,508↑2% | — |
| 2022 | $553,515↑10% | $477,563↑31% | $2,031,921↑32% | — |
| 2021 | $505,004↑52% | $363,648↑20% | $1,539,931↑8% | — |
| 2020 | $331,953↓37% | $304,133↓22% | $1,425,118↑5% | — |
| 2019 | $527,470↑1% | $387,863↓3% | $1,358,124↑13% | — |
| 2018 | $520,780↑7% | $400,781↓12% | $1,204,901↑13% | — |
| 2017 | $484,662↓11% | $457,574↑18% | $1,064,480↑3% | — |
| 2016 | $547,235↑29% | $389,122↑11% | $1,032,429↑21% | — |
| 2015 | $424,143↑34% | $349,805↓3% | $851,558↑1% | — |
| 2014 | $316,388↓2% | $359,858↑6% | $845,620 | — |
| 2013 | $323,418↑17% | $338,249↑26% | $842,114↓3% | — |
| 2012 | $276,761↓12% | $268,260↓17% | $868,029↑3% | — |
| 2011 | $312,990↓1% | $322,127↑10% | $845,514 | — |
| 2010 | $317,526 | $293,109 | $845,798 | — |
Frequently Asked Questions
What does Palmers Cove Yacht Club Inc do?▼
Palmers Cove Yacht Club Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Palmers Cove Yacht Club Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Palmers Cove Yacht Club Inc.
How much revenue does Palmers Cove Yacht Club Inc generate?▼
Palmers Cove Yacht Club Inc reports $685K in annual revenue and holds $2.2M in total assets, based on IRS filings.
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