Is Dayton Boat Club Legit?

The Dayton Boat Club demonstrates consistent financial growth and strong program efficiency based on its IRS 990 filings. Over the past decade, the organization has seen its revenue grow significantly, from $97,167 in 2014 to $307,866 in 2023, with assets increasing from $178,732 to $834,072 in the same period. This indicates effective financial management and an ability to build reserves. The club consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and a commitment to directing funds towards its mission. Their program spending ratio is excellent, with expenses consistently well below revenue, allowing for asset accumulation. The organization's liabilities have remained relatively low, further suggesting sound financial health and responsible fiscal practices. The NTEE code N67 (Boating & Sailing) aligns well with the organization's name and implied mission.