Arundel Yacht Club

Arundel Yacht Club consistently maintains a healthy financial surplus and zero liabilities.

EIN: 10286963 · Kennebunkport, ME · Updated: 2026-03-28

$239KRevenue

$621KAssets

90/100Mission Score (Excellent)

Is Arundel Yacht Club Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Arundel Yacht Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Arundel Yacht Club

Arundel Yacht Club (EIN: 10286963) is a nonprofit organization based in Kennebunkport, ME. The organization reported total revenue of $239K and total assets of $621K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arundel Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Arundel Yacht Club demonstrates consistent financial growth and stability over the past decade, with assets increasing from $295,458 in 2013 to $545,080 in 2022. The organization consistently operates with a surplus, as seen in 2022 where revenues of $239,659 exceeded expenses of $175,820. A notable strength is its complete lack of liabilities in most recent filings, indicating strong financial management and a healthy balance sheet. The club's transparency is high, with no reported officer compensation, suggesting a volunteer-driven leadership model, which is common for member-based organizations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Arundel Yacht Club with a Mission Score of 90 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: 85%
fundraising: 5%

According to IRS 990 filings, Arundel Yacht Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is a positive sign for donor confidence and efficient use of funds.

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 Arundel Yacht Club's IRS 990 filings:

NTEE Code is unknown, which can make it harder to categorize and compare with similar organizations.

Strengths

The following positive indicators were identified for Arundel Yacht Club:

Consistent financial surpluses, such as $239,659 revenue vs. $175,820 expenses in 2022.
Zero liabilities reported in multiple recent filings (e.g., 2022, 2018, 2017, 2016, 2015, 2014, 2013).
No officer compensation reported, indicating a volunteer-led organization.
Steady growth in assets over the past decade, from $295,458 in 2013 to $545,080 in 2022.

Frequently Asked Questions about Arundel Yacht Club

Is Arundel Yacht Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Arundel Yacht Club (EIN: 10286963) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

How does Arundel Yacht Club spend its money?

Arundel Yacht Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Arundel Yacht Club tax-deductible?

Arundel Yacht Club is registered as a tax-exempt nonprofit (EIN: 10286963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Arundel Yacht Club a good charity?

Based on its financial health, consistent surpluses, zero liabilities, and volunteer-led structure, Arundel Yacht Club appears to be a well-managed organization. However, as a yacht club, its primary purpose is likely member services rather than broad public charity.

How has Arundel Yacht Club's financial position changed over time?

The club has shown consistent growth in assets, from $295,458 in 2013 to $545,080 in 2022, and generally maintains a healthy revenue stream exceeding expenses, indicating strong financial management and stability.

What is the organization's approach to executive compensation?

Arundel Yacht Club reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model.

Filing History

IRS 990 filing history for Arundel Yacht Club showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Arundel Yacht Club's revenue has grown by 57.4%, moving from $152K to $240K. Total assets increased by 93% over the same period, from $282K to $545K. Total functional expenses rose by 24.7%, from $141K to $176K. In its most recent filing year (2022), Arundel Yacht Club reported a surplus of $64K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$240K	$176K	$545K	$0	—	View 990
2020	$795	$46K	$453K	$100	—	—
2020	$168K	$145K	$498K	$100	—	View 990
2019	$190K	$175K	$475K	$128	—	View 990
2018	$200K	$166K	$460K	$0	—	View 990
2017	$190K	$154K	$426K	$0	—	View 990
2016	$187K	$147K	$390K	$0	—	View 990
2015	$184K	$140K	$350K	$0	—	View 990
2014	$157K	$147K	$306K	$0	—	View 990
2013	$157K	$137K	$295K	$0	—	View 990
2012	$136K	$143K	$275K	$0	—	View 990
2011	$152K	$141K	$282K	$0	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $240K, expenses of $176K, and assets of $545K (revenue +30045.8% year-over-year).
2020: Revenue of $795, expenses of $46K, and assets of $453K (revenue -99.5% year-over-year).
2020: Revenue of $168K, expenses of $145K, and assets of $498K (revenue -11.8% year-over-year).
2019: Revenue of $190K, expenses of $175K, and assets of $475K (revenue -5.1% year-over-year).
2018: Revenue of $200K, expenses of $166K, and assets of $460K (revenue +5.6% year-over-year).
2017: Revenue of $190K, expenses of $154K, and assets of $426K (revenue +1.1% year-over-year).
2016: Revenue of $187K, expenses of $147K, and assets of $390K (revenue +1.9% year-over-year).
2015: Revenue of $184K, expenses of $140K, and assets of $350K (revenue +17.4% year-over-year).
2014: Revenue of $157K, expenses of $147K, and assets of $306K (revenue -0.4% year-over-year).
2013: Revenue of $157K, expenses of $137K, and assets of $295K (revenue +16.1% year-over-year).
2012: Revenue of $136K, expenses of $143K, and assets of $275K (revenue -10.9% year-over-year).
2011: Revenue of $152K, expenses of $141K, and assets of $282K.

Data Sources and Methodology

This transparency report for Arundel 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.