Is Agamenticus Yacht Club Of York Legit?

Quick charity verification for Agamenticus Yacht Club Of York (EIN: 10017496)

Verdict: Agamenticus Yacht Club Of York appears trustworthy

85/100Mission Score
$325KRevenue
$409KAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Agamenticus Yacht Club Of York demonstrates consistent financial activity, with revenues fluctuating but generally covering expenses over the past decade. For instance, in 2022, the organization reported a significant surplus with revenue of $372,818 against expenses of $188,198, indicating strong financial health in that period. However, the most recent filing for 2023 shows expenses ($175,389) exceeding revenue ($152,419), resulting in a deficit. The organization maintains a healthy asset base, with assets consistently above $200,000 and reaching $411,425 in 2023, significantly exceeding its liabilities, which were $9,055 in 2023. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to minimizing administrative overhead related to executive pay, contributing positively to its spending efficiency and transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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