Quick charity verification for Brant Beach Yacht Club (EIN: 220650122)
Verdict: Brant Beach Yacht Club appears trustworthy
85/100Mission Score
$2.1MRevenue
$3.8MAssets
1Red Flags
4Strengths
Red Flags
Significant asset decrease between 2019 and 2020 without clear explanation in provided data.
Strengths
Consistent revenue growth over the past decade, from $856,307 in 2014 to $1,821,362 in 2023.
Zero officer compensation reported across all filings, indicating volunteer leadership.
Healthy asset base relative to liabilities, suggesting financial stability.
Expenses generally align with revenue, indicating active operations.
Spending Breakdown
How Brant Beach Yacht Club allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Brant Beach Yacht Club
Is Brant Beach Yacht Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Brant Beach Yacht Club (EIN: 220650122) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Brant Beach Yacht Club a good charity to donate to?
Brant Beach Yacht Club has a Mission Score of 85/100. Revenue: $2.1M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Brant Beach Yacht Club?
The Employer Identification Number (EIN) for Brant Beach Yacht Club is 220650122. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Brant Beach Yacht Club spend its money?
Brant Beach Yacht Club allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Brant Beach Yacht Club's tax-exempt status?
You can verify Brant Beach Yacht Club's tax-exempt status using EIN 220650122 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Brant Beach Yacht Club demonstrates consistent financial growth and appears to maintain a healthy financial position. Over the past decade, revenue has steadily increased from $856,307 in 2014 to $1,821,362 in 2023, indicating strong member engagement or other income streams. Expenses have also risen proportionally, suggesting active operations. The organization consistently reports zero officer compensation, which is a significant indicator of volunteer leadership and potentially lower administrative overhead.
The club's assets have shown substantial growth, from $2,955,257 in 2014 to $3,191,241 in 2023, although there was a dip in assets between 2019 and 2020. Liabilities have remained relatively low compared to assets, suggesting good financial management and limited reliance on debt. The absence of reported officer compensation enhances transparency and indicates that resources are likely directed towards the club's operational activities and facilities rather than executive salaries. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency, but the zero officer compensation is a positive sign.