U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-QSB

Quarterly Report Under Section 13 or 15 (d) of
Securities Exchange Act of 1934

For the Period ended March 31, 2007

Commission File Number 333-121863

YACHT FINDERS, INC.
(Name of small business issuer in its charter)

Delaware 76-0736467
(State of incorporation) (IRS Employer ID Number)

2045 Kettner Blvd, Ste 101
San Diego, CA 92101
(619) 232-1001
(Address and telephone number of principal executive offices)

Karen Batcher
4190 Bonita Road
Bonita, CA 91912
(619) 475-7882
(Name and Address of Agent for Service) (Telephone Number)

Check whether the registrant (1) has filed all reports required to be filed by
Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90 days. Yes [X] No [ ]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). [X]

There were 5,199,000 shares of Common Stock outstanding as of March 31, 2007.

ITEM 1. FINANCIAL STATEMENTS

The unaudited quarterly financial statements for the 3 months ended March 31,
2007, prepared by the company, immediately follow.

YACHT FINDERS, INC
(A Development Stage Company)
Condensed Balance Sheet
(Unaudited)
March 31, 2007

ASSETS
Current assets:
Cash ............................................................. $ 21,444
--------

$ 21,444
========

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:
Accounts payable and accrued liabilities ......................... $ 1,500
Indebtedness to related party (Note 2) ........................... 11,100
--------

Total liabilities ............................................ 12,600
--------

Shareholders' equity (Notes 2 and 3):
Preferred stock, $.0001 par value; 20,000,000 shares authorized,
-0- shares issued and outstanding ............................... --
Common stock, $.0001 par value; 80,000,000 shares authorized,
5,199,000 shares issued and outstanding ......................... 520
Additional paid-in capital ....................................... 48,680
Deficit accumulated during development stage ..................... (40,356)
--------

Total shareholders' equity ................................... 8,844
--------

$ 21,444
========

See accompanying notes to condensed financial statements

YACHT FINDERS, INC
(A Development Stage Company)
Condensed Statements of Operations
(Unaudited)

April 15, 2003
Three Months ended (Inception)
March 31, Through
------------------------------ March 31,
2007 2006 2007
----------- ----------- -----------

Expenses:
Contributed rent (Note 2) ............. $ 300 $ 300 $ 4,800
Professional fees ..................... 420 225 29,110
Website ............................... -- -- 4,516
Other ................................. 225 36 1,930
----------- ----------- -----------
Total expenses .................... 945 561 40,356
----------- ----------- -----------

Loss before income taxes .......... (945) (561) (40,356)

Income tax provision (Note 4) ........... -- -- --
----------- ----------- -----------

Net loss .......................... $ (945) $ (561) $ (40,356)
=========== =========== ===========

Basic and diluted loss per share ........ $ (0.00) $ (0.00)
=========== ===========

Basic and diluted weighted average
common shares outstanding .............. 5,182,333 5,139,000
=========== ===========

See accompanying notes to condensed financial statements

YACHT FINDERS, INC.
(A Development Stage Company)
Condensed Statement of Changes in Shareholders' Equity
(Unaudited)

Deficit
Accumulated
Common Stock Additional During
--------------------- Paid-In Development
Shares Par Value Capital Stage Total
------ --------- ------- ----- -----

Balance at December 31, 2006 ............. 5,179,000 $ 518 $ 38,382 $ (39,411) $ (511)

March 2007, common stock sold pursuant
to SB-2 registered offering at $.50
per share (Note 3) ...................... 20,000 20 9,980 -- 10,000
Office space contributed by an officer ... -- -- 300 -- 300
Net loss ................................. -- -- -- (945) (945)
--------- ------- --------- --------- ---------

Balance at March 31, 2007 ................ 5,199,000 $ 538 48,662 $ (40,356) $ 8,844
========= ======= ========= ========= =========

See accompanying notes to condensed financial statements

YACHT FINDERS, INC
(A Development Stage Company)
Condensed Statements of Cash Flows
(Unaudited)

April 15, 2003
Three Months ended (Inception)
March 31, Through
--------------------------- March 31,
2007 2006 2007
-------- -------- --------

Cash flows from operating activities:
Net loss ............................................. $ (945) $ (561) $(40,356)
Adjustments to reconcile net loss to net cash
used in operating activities:
Office space contributed by an officer ............ 300 300 4,800
Loss on website development fees .................. -- -- 2,500
Changes in operating assets and liabilities:
Accrued liabilities ............................... (3,000) -- 1,500
-------- -------- --------
Net cash used in operating activities .......... (3,645) (261) (31,556)
-------- -------- --------
Cash flows from investing activities:
Payments for website development ..................... -- -- (2,500)
-------- -------- --------
Net cash used in investing activities .......... -- -- (2,500)
-------- -------- --------
Cash flows from financing activities:
Proceeds from the sale of common stock ............... 10,000 -- 44,400
Proceeds from officer advances ....................... -- -- 11,100
-------- -------- --------
Net cash provided by financing activities ...... 10,000 -- 55,500
-------- -------- --------

Net change in cash ............................. 6,355 (261) 21,444

Cash, beginning of period .............................. 15,089 556 --
-------- -------- --------

Cash, end of period .................................... $ 21,444 $ 295 $ 21,444
======== ======== ========

Supplemental disclosure of cash flow information:

Cash paid during the period for:
Income taxes ......................................... $ -- $ -- $ --
======== ======== ========
Interest ............................................. $ -- $ -- $ --
======== ======== ========

See accompanying notes to condensed financial statements

YACHT FINDERS, INC.
(A Development Stage Company)
Notes to Condensed Financial Statements
(Unaudited)

(1) BASIS OF PRESENTATION

The condensed financial statements presented herein have been prepared by the
Company in accordance with the accounting policies in its audited financial
statements for the period ended December 31, 2006 as filed in its Form 10-KSB
and should be read in conjunction with the notes thereto. The Company is in the
development stage in accordance with Statement of Financial Accounting Standards
("SFAS") No. 7.

In the opinion of management, the accompanying condensed financial statements
contain all adjustments (consisting only of normal recurring adjustments) which
are necessary to provide a fair presentation of operating results for the
interim periods presented. Certain information and footnote disclosures,
normally included in the financial statements prepared in accordance with
generally accepted accounting principles, have been condensed or omitted. The
results of operations presented for the three months ended March 31, 2007 are
not necessarily indicative of the results to be expected for the year.

Interim financial data presented herein are unaudited.

(2) RELATED PARTY TRANSACTIONS

In March 2007, the Company sold 5,000 shares of its common stock to the brother
of the Company's president for $2,500, or $.50 per share.

From inception through March 31, 2007, the Company's president has advanced the
Company $11,100 for working capital. The advances are non-interest bearing and
are due on demand. Management plans to settle the advances with cash or stock.
The advances are included in the accompanying financial statements as
"Indebtedness to related party".

The Company's president contributed office space to the Company for all periods
presented. The office space was valued at $100 per month based on the market
rate in the local area and is reflected in the accompanying financial statements
as contributed rent expense with a corresponding credit to additional paid-in
capital.

In September 2006, the Company sold 40,000 shares of its common stock to the
brother of the Company's president for $20,000, or $.50 per share.

In April 2003, the Company sold 5,000,000 shares of its restricted common stock
to its president for $500 ($.0001/share).

(3) SHAREHOLDERS' EQUITY

During March 2007, the Company sold 15,000 shares of its common stock at a price
of $.50 per share for total proceeds of $7,500. The offering was made pursuant
to the Company's SB-2 registration statement that became effective in 2006. All
sales were conducted through the Company's officer and director.

Between July and September 2003, the Company offered for sale 400,000 shares at
of its common stock at a price of $0.10 per share. The Company closed the
offering after selling 139,000 shares for proceeds of $13,900. The offering was

YACHT FINDERS, INC.
(A Development Stage Company)
Notes to Condensed Financial Statements
(Unaudited)

made in reliance on an exemption from registration of a trade in the United
States under Regulation S of the United States Securities Act of 1933, as
amended.

(4) INCOME TAXES

The Company records its income taxes in accordance with SFAS No. 109,
"Accounting for Income Taxes". The Company incurred net operating losses during
all periods presented resulting in a deferred tax asset, which was fully allowed
for; therefore, the net benefit and expense resulted in $-0- income taxes.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

RESULTS OF OPERATIONS

We are still in our development stage and have generated no revenues to date.

We incurred operating expenses of $945 for the three months ended March 31, 2007
and $561 for the three months ended March 31, 2006. These expenses consisted of
general operating expenses incurred in connection with the day to day operation
of our business and the preparation and filing of our periodic reports. Our net
loss for the three months ended March 31, 2007 and 2006 were ($945) and ($561)
respectively. Revenues for the three months ended March 31, 2007 and 2006 were
$0 and $0, respectively.

Cash provided by financing activities for the three months ended March 31, 2007
was $10,000. We issued 20,000 shares of our common stock to 4 shareholders at
$.50 per share pursuant to our SB-2 offering which closed on April 3, 2007.

Our auditors have expressed their doubt about our ability to continue as a going
concern unless we are able to generate profitable operations.

LIQUIDITY AND CAPITAL RESOURCES

Currently, we anticipate our current cash balance of $21,444 will allow us to
complete the next six months of our operations in a limited scenario without
having to raise additional funds or seek bank loans. Our director has verbally
agreed to loan the company funds to continue operations in this limited scenario
until sales will support operations or until we receive additional funding. We
currently have no plans to hire additional employees in the next twelve months
unless sales are sufficient to cover the cost. If we have not yet generated
revenues sufficient to sustain business operations, we may have to raise
additional monies through sales of our equity securities or through loans from
banks or third parties to continue our business plans, however no such plans are
currently anticipated.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

DESCRIPTION OF BUSINESS

FORM AND YEAR OF ORGANIZATION

Yacht Finders, Inc. was incorporated in Delaware on August 15, 2000 as Sneeoosh
Corporation. On October 20, 2000 the company filed an amended Certificate of
Incorporation to change the name to Snohomish Corporation. On April 15, 2003 the
company filed a subsequent amendment to change the name to Yacht Finders, Inc.
Yacht Finder's Inc. intends to create an online database for public buyers and
yacht brokers to interface immediately with each other while capturing the
benefits of targeting a larger market. Our target market is yacht brokers, yacht
buyers, yacht sellers, yacht owners, yacht financing, insurance, manufacturing
and supply companies. We have taken the following steps: developed our business
plan, secured the URL www.yachtfindersguide.com, and initiated our website. Our
web site is currently in its development stages. The features are limited to the
logo and the web site currently does not have any users. We are a development
stage company with no revenues or profits.

BANKRUPTCY OR SIMILAR PROCEEDINGS

There has been no bankruptcy, receivership or similar proceedings.

REORGANIZATIONS, PURCHASE OR SALE OF ASSETS

There have been no material reclassifications, mergers, consolidations, or
purchase or sale of a significant amount of assets not in the ordinary course of
business.

PRINCIPAL PRODUCTS OR SERVICES AND THEIR MARKETS

Yacht Finders, Inc. intends to market and sell its internet based yacht locating
and brokering services to brokers seeking to streamline their marketing and
research efforts, and manage customer information more efficiently. Yacht

Finders' objective is to create a database for public buyers and yacht brokers
to interface immediately with each other while capturing the benefits of
targeting a larger market. Our target market is yacht brokers, yacht buyers,
yacht sellers, and yacht owners, yacht financing, insurance, manufacturing and
supply companies. Management has experience in developing online commercial
websites. Management does not have specific experience in the yacht brokering
business.

We intend to design and create a user friendly yacht broker intranet that
includes easy-to-use online tools that will enable brokers to create, update,
and manage currently listed vessels. Detailed information pages can be created
to contain all relevant data for each listing. Custom broker information pages
can be created for additional exposure in our Broker Listing Directory which
will be a comprehensive directory for buyers and sellers to be able to reference
direct contact information. The benefit to our public customer is the
consolidation of information and resources into a user friendly web site. This
platform will enable the user to search the database of yachts, find a broker,
apply for financing, compare and request insurance quotes, and access numerous
other related resources such as an online marine product outlet store that will
be sponsored by a commercial marine retail store like West Marine.

Our web site, www.yachtfindersguide.com, will operate as the main catalyst for
brokers to connect with sellers. The site is an industry specific professional
quality subscription based site for brokers within the yacht industry. The site
will contain many features to enable brokers to provide their clients with the
most current information in the industry. The site features such as; find a
yacht search engine, find a broker, insurance, financing, boat shows, boat
builders, sports fishing, boat charters, boat merchandising, ports directory,
yacht clubs, fishing contests, races, yachting news and events, maintenance and
rescue which will offer enable yachting clubs, industry professionals, and
individuals involved in yachting the ability to stay up-to-date on the industry.

The pricing and sales structure for Yacht Finders, Inc. is to maximize monthly
revenue generated from subscription fees and advertisement sales. Comparative
services such as boats.com and Yachtcouncil.com are charging between $39.95 -
$240 a month for membership subscriptions. The majority of brokers are
subscribing to the lower price option. Our sales plan is to offer these
customers a better solution for their online listings at a competitive price.

Our target market, yacht owners, sellers, and potential yacht buyers may access
our web site at no charge. We intend to offer the following pricing plans to
yacht brokers under the following membership packages:

* PREMIUM BROKER MEMBER PACKAGE- $29.99 per month
This service provides our preferred broker members access to all of Yacht
Finders' tools and utilities. Features include: Unlimited listings and detailed
reports, broker administration tools, broker directory listing and custom broker
page, which include listing company name, phone number, address, URL listing and
e-mail link.

* DELUXE BROKER MEMBER PACKAGE- $19.99 per month
This service provides our deluxe broker members a broker listing directory
and custom broker page. Deluxe listings include: company name, phone number,
address, URL listing link and email link.

* LIMITED BROKER MEMBER PACKAGE- $9.99 per month
This service provides our limited broker members access to a limited
version of Yacht Finders tools and utilities. Features included are; five custom
listings, broker directory listing custom broker page.

* BASIC BROKER MEMBER PACKAGE - Free
This service provides our basic broker members a listing in Yacht Finders'
broker directory. Basic listing includes: company name, phone number and
address.

In addition to charging yacht brokers for their listings, we intend to earn
commission revenues from referring our customers to selected financing and
insurance brokers, and from selling advertising space at our site to industry
suppliers and manufacturers.

We were able to raise minimal funding of $10,000 in our recent offering far less
than our our projected budget of $495,000. We will continue operations in a
limited scenario until sales will support operations or until we receive
additional funding. Our director has verbally agreed to loan the company funds
to continue operations in this limited scenario until sales will support
operations or until we receive additional funding. If we have not yet generated
revenues sufficient to sustain modified business operations, we may have to
raise additional monies through sales of our equity securities or through loans
from banks or third parties to continue our business plans, however no such
plans are currently anticipated. There is no guarantee we will be successful in
implementing our modified business plan.

Although Yacht Finders intends to implement its business plan through the
foreseeable future and will do its best to mitigate the risks associated with
its business plan, there can be no assurance that such efforts will be
successful. If we are incapable of executing our business plan we would then
investigate reasonable business options available to retain value for our
shareholders. This could possibly be achieved by offering the leads generated on
our web site or through other efforts to other firms. We could continue making
progress on our business plan by developing alternatives such as limiting the
scope of the services we offer clients to reduce costs, adjusting or reducing
our in-house marketing costs, or reducing the costs for the development of our
web site, and adjusting our timeline for the delivery of our services. If only
partial funding is received we intend to follow our twelve month time frame, but
in a reduced capacity. The level or reduction of our business operations could
be commensurate with any given level of funding. We could decrease the number of
services we offer, number of clients we handle, reduce in-house marketing
efforts, and adjust our general overhead to any partial funding conditions. We
could reduce or eliminate salaries, postpone furniture purchases, and reduce the
number of computers purchased.

DISTRIBUTION METHODS OF PRODUCTS OR SERVICES

Yacht Finders plans to market and sell its internet based yacht locating and
brokering services to brokers seeking to streamline their marketing and research
efforts, and manage customer information more efficiently at its own proposed
website. Our primary target customers are yacht brokers, public yacht buyers,
yacht owners and yacht enthusiasts.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The unaudited financial statements as of March 31, 2007 included herein have
been prepared without audit pursuant to the rules and regulations of the U.S.
Securities and Exchange Commission. Certain information and footnote disclosures
normally included in financial statements prepared in accordance with general
accepted accounting procedures have been condensed or omitted pursuant to such
rules and regulations. In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have
been included. It is suggested that these financial statements be read in
conjunction with our December 31, 2006 audited financial statements and notes
thereto, which can be found in our 10KSB filing on the SEC website at
www.sec.gov under our SEC File Number333-121863 .

The financial statements have, in management's opinion, been properly prepared
within reasonable limits of materiality and within the framework of the
significant accounting policies summarized below:

A. BASIS OF ACCOUNTING

The financial statements have been prepared using the accrual basis of
accounting. Under the accrual basis of accounting, revenues are recorded as
earned and expenses are recorded at the time liabilities are incurred. The
Company has adopted a December 31 year-end.

B. CASH EQUIVALENTS

The Company considers all highly liquid investments with a maturity of three
months or less when purchased to be cash equivalents.

C. USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that

affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

D. DEVELOPMENT STAGE

The Company continues to devote substantially all of its efforts in developing a
database for public buyers and yacht brokers to interface immediately with each
other while capturing the benefits of targeting a larger market. Our target
market is yacht brokers, yacht buyers, yacht sellers, and yacht owners, yacht
financing, insurance, manufacturing and supply companies.

E. BASIC EARNINGS PER SHARE

In February 1997, the FASB issued SFAS No. 128, "Earnings Per Share", which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities with publicly held common stock. SFAS No. 128
supersedes the provisions of APB No. 15, and requires the presentation of basic
earnings (loss) per share and diluted earnings (loss) per share.

Basic net loss per share amounts is computed by dividing the net income by the
weighted average number of common shares outstanding. Diluted earnings per share
are the same as basic earnings per share due to the lack of dilutive items in
the Company.

F. INCOME TAXES

Income taxes are provided in accordance with Statement of Financial accounting
Standards No. 109 (SFAS 109), Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss carry forwards. Deferred tax expense (benefit)
results from the net change during the year of deferred tax assets and
liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely than not that some portion of all of the deferred
tax assets will be realized. Deferred tax assets and liabilities are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

G. REVENUE RECOGNITION

The Company recognizes revenues and the related costs for their unique
collection of Educational Learning Resources and other services along with
product sales when persuasive evidence of an arrangement exists, delivery has
occurred or service has been rendered, the fee is fixed or determinable, and
collection of the resulting receivable is probable.

FORWARD LOOKING STATEMENTS

Some of the statements contained in this Form 10-QSB that are not historical
facts are "forward-looking statements" which can be identified by the use of
terminology such as "estimates," "projects," "plans," "believes," "expects,"
"anticipates," "intends," or the negative or other variations, or by discussions
of strategy that involve risks and uncertainties. We urge you to be cautious of
the forward-looking statements, that such statements, which are contained in
this Form 10-QSB, reflect our current beliefs with respect to future events and
involve known and unknown risks, uncertainties and other factors affecting our
operations, market growth, services, products and licenses. No assurances can be
given regarding the achievement of future results, as actual results may differ
materially as a result of the risks we face, and actual events may differ from
the assumptions underlying the statements that have been made regarding
anticipated events.

All written forward-looking statements made in connection with this Form 10-QSB
that are attributable to us or persons acting on our behalf are expressly
qualified in their entirety by these cautionary statements. Given the
uncertainties that surround such statements, you are cautioned not to place
undue reliance on such forward-looking statements.

The safe harbors of forward-looking statements provided by the Securities
Litigation Reform Act of 1995 are unavailable to issuers not subject to the
reporting requirements set forth under Section 13(a) or 15(D) of the Securities
Exchange Act of 1934, as amended. As we have not registered our securities
pursuant to Section 12 of the Exchange Act, such safe harbors set forth under
the Reform Act are unavailable to us.

ITEM 3. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have no identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

PART II - OTHER INFORMATION

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

The following exhibits are included with this registration statement filing.
Those marked with an asterisk and required to be filed hereunder, are
incorporated by reference and can be found in their entirety in our original
Form SB-2 Registration Statement, filed under SEC File Number 333-121863, at the
SEC website at www.sec.gov:

Exhibit No. Description
----------- -----------
3.1 Articles of Incorporation*
3.2 Bylaws*
31.1 Sec. 302 Certification of Principal Executive Officer
31.2 Sec. 302 Certification of Principal Financial Officer
32.1 Sec. 906 Certification of Principal Executive Officer
32.2 Sec. 906 Certification of Principal Financial Officer

There were no reports filed on Form 8-K during the quarter ended March 31, 2007.

SIGNATURES

Pursuant to the requirements of Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

May 1, 2007 Yacht Finders, Inc., Registrant

By: /s/ Geoffrey Greenwood
-----------------------------------
Geoffrey Greenwood, President and
Chief Executive Officer

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.

May 1, 2007 Yacht Finders, Inc., Registrant

By: /s/ Geoffrey Greenwood
------------------------------------
Geoffrey Greenwood, President and
Chief Executive Officer, Treasurer,
Chief Financial Officer, and
Principal Accounting Officer