Agamenticus Yacht Club Of York
Agamenticus Yacht Club Of York shows fluctuating annual revenues but maintains a solid asset base with no officer compensation.
EIN: 10017496 · York Harbor, ME · Updated: 2026-03-28
Is Agamenticus Yacht Club Of York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Agamenticus Yacht Club Of York directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Agamenticus Yacht Club Of York
Agamenticus Yacht Club Of York (EIN: 10017496) is a nonprofit organization based in York Harbor, ME. The organization reported total revenue of $325K and total assets of $409K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Agamenticus Yacht Club Of York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Agamenticus Yacht Club Of York with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Agamenticus Yacht Club Of York allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive compensation from the organization. This is a positive indicator for a nonprofit of its size, suggesting that leadership is likely volunteer-based or compensated through other means, thereby maximizing resources for its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Agamenticus Yacht Club Of York's IRS 990 filings:
- Revenue volatility, with significant swings between years (e.g., $372,818 in 2022 to $152,419 in 2023).
Strengths
The following positive indicators were identified for Agamenticus Yacht Club Of York:
- Consistent 0% officer compensation, indicating high efficiency in executive overhead.
- Strong asset base relative to liabilities, demonstrating financial resilience (e.g., $411,425 assets vs. $9,055 liabilities in 2023).
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Agamenticus Yacht Club Of York
Is Agamenticus Yacht Club Of York a legitimate charity?
Based on AI analysis of IRS 990 filings, Agamenticus Yacht Club Of York (EIN: 10017496) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Agamenticus Yacht Club Of York spend its money?
Agamenticus Yacht Club Of York directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Agamenticus Yacht Club Of York tax-deductible?
Agamenticus Yacht Club Of York is registered as a tax-exempt nonprofit (EIN: 10017496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Agamenticus Yacht Club Of York financially stable?
Yes, despite some annual deficits (e.g., 2023 with $152,419 revenue vs. $175,389 expenses), the organization maintains a strong asset base ($411,425 in 2023) relative to its liabilities ($9,055 in 2023), indicating overall financial stability.
How does Agamenticus Yacht Club Of York manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that its leadership serves on a volunteer basis or is compensated externally, which is a highly efficient practice for a nonprofit.
What is the trend in Agamenticus Yacht Club Of York's revenue?
Revenue has fluctuated significantly, from a low of $100,510 in 2016 to a high of $372,818 in 2022, and then down to $152,419 in 2023. This indicates variability in its funding sources or operational activities.
Filing History
IRS 990 filing history for Agamenticus Yacht Club Of York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Agamenticus Yacht Club Of York's revenue has grown by 34.7%, moving from $113K to $152K. Total assets increased by 67.3% over the same period, from $246K to $411K. Total functional expenses rose by 26.5%, from $139K to $175K. In its most recent filing year (2023), Agamenticus Yacht Club Of York reported a deficit of $23K, with expenses exceeding revenue. The organization holds $9K in liabilities against $411K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $402K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $175K | $411K | $9K | — | — |
| 2022 | $373K | $188K | $414K | $8K | — | View 990 |
| 2021 | $136K | $131K | $273K | $0 | — | View 990 |
| 2020 | $113K | $123K | $253K | $0 | — | View 990 |
| 2019 | $153K | $148K | $250K | $0 | — | View 990 |
| 2018 | $127K | $126K | $224K | $0 | — | View 990 |
| 2017 | $127K | $120K | $234K | $0 | — | View 990 |
| 2016 | $101K | $118K | $218K | $0 | — | View 990 |
| 2015 | $111K | $112K | $236K | $179 | — | View 990 |
| 2014 | $116K | $115K | $237K | $0 | — | View 990 |
| 2013 | $117K | $126K | $242K | $0 | — | View 990 |
| 2012 | $119K | $132K | $234K | $0 | — | View 990 |
| 2011 | $113K | $139K | $246K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $175K, and assets of $411K (revenue -59.1% year-over-year).
- 2022: Revenue of $373K, expenses of $188K, and assets of $414K (revenue +175.0% year-over-year).
- 2021: Revenue of $136K, expenses of $131K, and assets of $273K (revenue +20.2% year-over-year).
- 2020: Revenue of $113K, expenses of $123K, and assets of $253K (revenue -26.3% year-over-year).
- 2019: Revenue of $153K, expenses of $148K, and assets of $250K (revenue +20.4% year-over-year).
- 2018: Revenue of $127K, expenses of $126K, and assets of $224K (revenue +0.0% year-over-year).
- 2017: Revenue of $127K, expenses of $120K, and assets of $234K (revenue +26.4% year-over-year).
- 2016: Revenue of $101K, expenses of $118K, and assets of $218K (revenue -9.1% year-over-year).
- 2015: Revenue of $111K, expenses of $112K, and assets of $236K (revenue -4.7% year-over-year).
- 2014: Revenue of $116K, expenses of $115K, and assets of $237K (revenue -1.0% year-over-year).
- 2013: Revenue of $117K, expenses of $126K, and assets of $242K (revenue -1.9% year-over-year).
- 2012: Revenue of $119K, expenses of $132K, and assets of $234K (revenue +5.6% year-over-year).
- 2011: Revenue of $113K, expenses of $139K, and assets of $246K.
Data Sources and Methodology
This transparency report for Agamenticus Yacht Club Of York is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.