Quick charity verification for Gilford Park Yacht Club (EIN: 210732584)
Verdict: Gilford Park Yacht Club appears trustworthy
75/100Mission Score
$764KRevenue
$1.5MAssets
1Red Flags
3Strengths
Red Flags
Consistent expense over revenue in recent years (e.g., 2023 and 2022), potentially indicating reliance on reserves or other funding to cover operational costs.
Strengths
Consistent 0% officer compensation, indicating strong volunteer leadership and efficient use of funds.
Maintains substantial assets (e.g., $1,479,579 in 2023), providing financial stability.
Long filing history (13 filings) suggests consistent operation and compliance.
Spending Breakdown
How Gilford Park Yacht Club allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Gilford Park Yacht Club
Is Gilford Park Yacht Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Gilford Park Yacht Club (EIN: 210732584) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is Gilford Park Yacht Club a good charity to donate to?
Gilford Park Yacht Club has a Mission Score of 75/100. Revenue: $764K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gilford Park Yacht Club?
The Employer Identification Number (EIN) for Gilford Park Yacht Club is 210732584. 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 Gilford Park Yacht Club spend its money?
Gilford Park Yacht Club allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gilford Park Yacht Club's tax-exempt status?
You can verify Gilford Park Yacht Club's tax-exempt status using EIN 210732584 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
Gilford Park Yacht Club appears to be a social and recreational organization, as indicated by its consistent revenue and expense patterns typical of a membership-based club rather than a traditional public charity. The organization's financial health shows some variability, with expenses exceeding revenue in several recent years, such as in 2023 ($519,978 expenses vs. $482,531 revenue) and 2022 ($526,198 expenses vs. $455,996 revenue). This suggests a reliance on accumulated assets or other funding sources to cover operational costs in those periods. However, the organization maintains substantial assets, reported at $1,479,579 in 2023, which provides a buffer. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of volunteer leadership, which is a positive sign for efficiency and mission focus, assuming the organization's primary purpose is member benefit rather than broad public good. Without a specific NTEE code or detailed program expense breakdown, it's challenging to fully assess spending efficiency in a typical charitable context, but for a yacht club, these figures likely reflect facility maintenance and member services.