American Yacht Club
American Yacht Club shows consistent revenue growth and healthy asset accumulation with no reported officer compensation.
EIN: 131695650 · Rye, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.2M |
| Total Expenses | $10.2M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $14.8M |
| Transparency Score | 65/100 |
Is American Yacht Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Yacht Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Yacht Club
American Yacht Club (EIN: 131695650) is a nonprofit organization based in Rye, NY. The organization reported total revenue of $13.2M and total assets of $16.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Yacht Club is a large nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.0M |
| Total Expenses | $10.2M |
| Surplus / Deficit | +$815K |
| Total Assets | $15.2M |
| Total Liabilities | $443K |
| Net Assets | $14.8M |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, American Yacht Club reported a surplus of $815K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +1.8% | +6.0% |
| 2022 | +7.5% | +12.2% | +1.8% |
| 2021 | +7.1% | +10.1% | +11.2% |
| 2020 | +7.8% | -10.5% | +8.5% |
| 2019 | -3.2% | +3.7% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1943 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Yacht Club with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, American Yacht Club allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $815K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $10 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which could obscure the true cost of leadership.
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 American Yacht Club's IRS 990 filings:
- NTEE code is unknown, hindering peer comparison
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate lack of transparency in reporting leadership costs
- Lack of detailed expense breakdown (program, admin, fundraising) prevents a thorough assessment of spending efficiency.
Strengths
The following positive indicators were identified for American Yacht Club:
- Consistent revenue growth over the past decade, from $7.2M in 2014 to $10.9M in 2023.
- Healthy asset growth, increasing from $11.1M in 2014 to $15.2M in 2023.
- Consistently operates with a financial surplus, indicating sound financial management (e.g., $815,048 surplus in 2023).
- Low liabilities relative to assets, suggesting strong financial solvency (e.g., $443,360 liabilities vs. $15.2M assets in 2023).
Frequently Asked Questions about American Yacht Club
Is American Yacht Club a legitimate charity?
Based on AI analysis of IRS 990 filings, American Yacht Club (EIN: 131695650) some concerns. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.
How does American Yacht Club spend its money?
American Yacht Club directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Yacht Club tax-deductible?
American Yacht Club is registered as a tax-exempt nonprofit (EIN: 131695650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Yacht Club CEO make?
American Yacht Club's highest-compensated officer earns $10 annually. The organization reported $13.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Yacht Club's spending goes to programs?
American Yacht Club directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is American Yacht Club located?
American Yacht Club is headquartered in Rye, New York and files with the IRS under EIN 131695650.
How many years of IRS 990 filings does American Yacht Club have?
American Yacht Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $13.2M in total revenue.
What is the NTEE code for American Yacht Club?
The NTEE code for American Yacht Club is currently unknown based on the provided data, which limits comparative analysis with similar organizations.
How does American Yacht Club manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation suggests either a fully volunteer executive team or that executive salaries are included within other expense categories, rather than being separately disclosed as officer compensation.
What is the primary purpose of American Yacht Club given its financial scale?
Without a detailed mission statement or program expense breakdown, it's difficult to ascertain the primary purpose beyond general club operations, despite its significant revenue and asset base.
Filing History
IRS 990 filing history for American Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Yacht Club's revenue has grown by 58.2%, moving from $6.9M to $11.0M. Total assets increased by 59.7% over the same period, from $9.5M to $15.2M. Total functional expenses rose by 59.7%, from $6.4M to $10.2M. In its most recent filing year (2023), American Yacht Club reported a surplus of $815K, with revenue exceeding expenses. The organization holds $443K in liabilities against $15.2M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $14.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.0M | $10.2M | $15.2M | $443K | — | View 990 |
| 2022 | $10.5M | $10.0M | $14.4M | $374K | — | View 990 |
| 2021 | $9.8M | $8.9M | $14.1M | $312K | — | — |
| 2020 | $9.1M | $8.1M | $12.7M | $207K | — | — |
| 2019 | $8.5M | $9.0M | $11.7M | $157K | — | View 990 |
| 2018 | $8.7M | $8.7M | $12.4M | $513K | — | View 990 |
| 2017 | $8.4M | $8.2M | $12.1M | $161K | — | View 990 |
| 2016 | $8.2M | $7.7M | $11.9M | $261K | — | View 990 |
| 2015 | $7.8M | $7.4M | $11.5M | $320K | — | View 990 |
| 2014 | $7.2M | $7.4M | $11.1M | $272K | — | View 990 |
| 2013 | $7.9M | $7.4M | $11.2M | $213K | — | View 990 |
| 2012 | $7.6M | $6.7M | $10.7M | $415K | — | View 990 |
| 2011 | $6.9M | $6.4M | $9.5M | $205K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.0M, expenses of $10.2M, and assets of $15.2M (revenue +4.6% year-over-year).
- 2022: Revenue of $10.5M, expenses of $10.0M, and assets of $14.4M (revenue +7.5% year-over-year).
- 2021: Revenue of $9.8M, expenses of $8.9M, and assets of $14.1M (revenue +7.1% year-over-year).
- 2020: Revenue of $9.1M, expenses of $8.1M, and assets of $12.7M (revenue +7.8% year-over-year).
- 2019: Revenue of $8.5M, expenses of $9.0M, and assets of $11.7M (revenue -3.2% year-over-year).
- 2018: Revenue of $8.7M, expenses of $8.7M, and assets of $12.4M (revenue +4.3% year-over-year).
- 2017: Revenue of $8.4M, expenses of $8.2M, and assets of $12.1M (revenue +2.6% year-over-year).
- 2016: Revenue of $8.2M, expenses of $7.7M, and assets of $11.9M (revenue +4.6% year-over-year).
- 2015: Revenue of $7.8M, expenses of $7.4M, and assets of $11.5M (revenue +7.6% year-over-year).
- 2014: Revenue of $7.2M, expenses of $7.4M, and assets of $11.1M (revenue -8.9% year-over-year).
- 2013: Revenue of $7.9M, expenses of $7.4M, and assets of $11.2M (revenue +4.5% year-over-year).
- 2012: Revenue of $7.6M, expenses of $6.7M, and assets of $10.7M (revenue +9.7% year-over-year).
- 2011: Revenue of $6.9M, expenses of $6.4M, and assets of $9.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Yacht Club:
Data Sources and Methodology
This transparency report for American Yacht Club 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.