Is Riverton Yacht Club Legit?

Strengths

Consistent asset growth, from $131,641 in 2014 to $247,261 in 2023.
Zero reported officer compensation across all filings, indicating volunteer leadership.
Minimal to no liabilities reported, demonstrating strong financial stability.
Consistent filing of IRS Form 990s over 14 periods, indicating high transparency.
Revenues generally exceed or closely match expenses, showing sound financial management.

Spending Breakdown

How Riverton 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

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 Riverton Yacht Club

Is Riverton Yacht Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Riverton Yacht Club (EIN: 210694156) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Riverton Yacht Club a good charity to donate to?

Riverton Yacht Club has a Mission Score of 90/100. Revenue: $221K. Assets: $290K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Riverton Yacht Club?

The Employer Identification Number (EIN) for Riverton Yacht Club is 210694156. 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 Riverton Yacht Club spend its money?

Riverton Yacht Club allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Riverton Yacht Club's tax-exempt status?

You can verify Riverton Yacht Club's tax-exempt status using EIN 210694156 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

The Riverton Yacht Club demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2022, revenue was $202,735 against expenses of $144,808, indicating a surplus. However, in 2023, expenses ($203,290) slightly surpassed revenue ($200,110). The organization maintains a healthy asset base, growing from $131,641 in 2014 to $247,261 in 2023, with minimal to no liabilities reported across all filings, suggesting strong financial stability and responsible management of resources. The consistent reporting of 0% officer compensation across all available filings indicates a volunteer-driven leadership structure, which is a positive sign for donor confidence and efficient use of funds.

Given the nature of a yacht club, the 'program' spending would likely encompass activities directly related to sailing, club maintenance, and member services. Without a detailed functional expense breakdown, it's challenging to precisely assess spending efficiency in terms of program versus administrative costs. However, the overall financial health appears robust, with a steady accumulation of assets and a history of operating within its means. The absence of reported liabilities further reinforces its sound financial standing.

Transparency is high due to the consistent filing of IRS Form 990s over 14 periods, providing a clear historical financial picture. The lack of officer compensation is a significant positive indicator of the organization's commitment to directing funds towards its mission rather than executive salaries. The organization's financial practices appear prudent, focusing on maintaining and growing its asset base while managing operational costs effectively.

Verdict: Riverton Yacht Club appears trustworthy