Baileys Harbor Community Association Inc
EIN: 391342490 · Baileys Hbr, WI
| Metric | Value |
|---|---|
| Total Revenue | $271K |
| Total Expenses | $461K |
| Net Assets | $113K |
Is Baileys Harbor Community Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Baileys Harbor Community Association Inc
Baileys Harbor Community Association Inc (EIN: 391342490) is a nonprofit organization based in Baileys Hbr, WI. The organization reported total revenue of $271K and total assets of $223K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baileys Harbor Community Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baileys Harbor Community Association Inc is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $387K |
| Total Expenses | $461K |
| Surplus / Deficit | $-73,909 |
| Total Assets | $139K |
| Total Liabilities | $26K |
| Net Assets | $113K |
| Operating Margin | -19.1% |
| Debt-to-Asset Ratio | 18.5% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Baileys Harbor Community Association Inc reported a deficit of $74K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 18.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Baileys Harbor Community Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.1% | -4.0% | -30.8% |
| 2022 | +167.1% | +249.6% | +36.3% |
| 2021 | +47.2% | +51.5% | -13.3% |
| 2020 | -19.4% | -48.0% | +348.1% |
| 2019 | +3.4% | +9.7% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Baileys Harbor Community Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baileys Harbor Community Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.5%.
Frequently Asked Questions about Baileys Harbor Community Association Inc
Is Baileys Harbor Community Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Baileys Harbor Community Association Inc (EIN: 391342490) insufficient data. 0 red flags identified, 0 strengths noted.
How does Baileys Harbor Community Association Inc spend its money?
Detailed spending breakdown data is not yet available for Baileys Harbor Community Association Inc. Check back for updated IRS 990 analysis.
Are donations to Baileys Harbor Community Association Inc tax-deductible?
Baileys Harbor Community Association Inc is registered as a tax-exempt nonprofit (EIN: 391342490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Baileys Harbor Community Association Inc located?
Baileys Harbor Community Association Inc is headquartered in Baileys Hbr, Wisconsin and files with the IRS under EIN 391342490.
How many years of IRS 990 filings does Baileys Harbor Community Association Inc have?
Baileys Harbor Community Association Inc 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 $271K in total revenue.
Filing History
IRS 990 filing history for Baileys Harbor Community Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Baileys Harbor Community Association Inc's revenue has grown by 523.3%, moving from $62K to $387K. Total assets increased by 558.8% over the same period, from $21K to $139K. Total functional expenses rose by 697.3%, from $58K to $461K. In its most recent filing year (2023), Baileys Harbor Community Association Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $26K in liabilities against $139K in assets (debt-to-asset ratio: 18.5%), resulting in net assets of $113K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $387K | $461K | $139K | $26K | — | — |
| 2022 | $539K | $481K | $200K | $13K | — | View 990 |
| 2021 | $202K | $137K | $147K | $745 | — | View 990 |
| 2020 | $137K | $91K | $170K | $88K | — | View 990 |
| 2019 | $170K | $175K | $38K | $2K | — | View 990 |
| 2018 | $164K | $159K | $42K | $1K | — | View 990 |
| 2017 | $142K | $144K | $36K | $865 | — | View 990 |
| 2016 | $148K | $147K | $40K | $2K | — | View 990 |
| 2015 | $132K | $131K | $39K | $3K | — | View 990 |
| 2014 | $125K | $116K | $38K | $3K | — | View 990 |
| 2013 | $67K | $67K | $29K | $2K | — | View 990 |
| 2012 | $50K | $39K | $31K | $4K | — | View 990 |
| 2011 | $62K | $58K | $21K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $387K, expenses of $461K, and assets of $139K (revenue -28.1% year-over-year).
- 2022: Revenue of $539K, expenses of $481K, and assets of $200K (revenue +167.1% year-over-year).
- 2021: Revenue of $202K, expenses of $137K, and assets of $147K (revenue +47.2% year-over-year).
- 2020: Revenue of $137K, expenses of $91K, and assets of $170K (revenue -19.4% year-over-year).
- 2019: Revenue of $170K, expenses of $175K, and assets of $38K (revenue +3.4% year-over-year).
- 2018: Revenue of $164K, expenses of $159K, and assets of $42K (revenue +16.1% year-over-year).
- 2017: Revenue of $142K, expenses of $144K, and assets of $36K (revenue -4.0% year-over-year).
- 2016: Revenue of $148K, expenses of $147K, and assets of $40K (revenue +11.7% year-over-year).
- 2015: Revenue of $132K, expenses of $131K, and assets of $39K (revenue +5.7% year-over-year).
- 2014: Revenue of $125K, expenses of $116K, and assets of $38K (revenue +86.0% year-over-year).
- 2013: Revenue of $67K, expenses of $67K, and assets of $29K (revenue +34.3% year-over-year).
- 2012: Revenue of $50K, expenses of $39K, and assets of $31K (revenue -19.5% year-over-year).
- 2011: Revenue of $62K, expenses of $58K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baileys Harbor Community Association Inc:
Data Sources and Methodology
This transparency report for Baileys Harbor Community Association Inc 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.