Beaufort Community Sailing And Boating
Beaufort Community Sailing And Boating shows consistent revenue growth and zero officer compensation, with minor operating deficits in recent years.
EIN: 20546450 · Beaufort, SC · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $194K |
| Total Expenses | $154K |
| Program Spending | 85% |
| Net Assets | $35K |
| Transparency Score | 88/100 |
Is Beaufort Community Sailing And Boating Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beaufort Community Sailing And Boating directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beaufort Community Sailing And Boating
Beaufort Community Sailing And Boating (EIN: 20546450) is a nonprofit organization based in Beaufort, SC, classified under NTEE code N67. The organization reported total revenue of $194K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beaufort Community Sailing And Boating's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beaufort Community Sailing And Boating is a small nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $154K |
| Surplus / Deficit | $-9,586 |
| Total Assets | $37K |
| Total Liabilities | $2K |
| Net Assets | $35K |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 2.9 months |
Financial Health Grade: C
In 2023, Beaufort Community Sailing And Boating reported a deficit of $10K with expenses exceeding revenue, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Beaufort Community Sailing And Boating's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.8% | +49.6% | -53.9% |
| 2022 | +5.4% | -10.9% | +5.3% |
| 2021 | +84.2% | +67.7% | -10.1% |
| 2020 | -14.4% | +-0.0% | -10.3% |
| 2019 | -7.8% | +14.9% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Beaufort Community Sailing And Boating with a Mission Score of 88 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, Beaufort Community Sailing And Boating 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all nine available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a nonprofit of this size.
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 Beaufort Community Sailing And Boating's IRS 990 filings:
- Minor operating deficit in 2023 ($153,600 expenses vs $144,014 revenue)
Strengths
The following positive indicators were identified for Beaufort Community Sailing And Boating:
- Consistent 0% officer compensation across all filings
- Significant revenue growth trend from $49,626 in 2016 to $144,014 in 2023
- Low to zero liabilities in most reporting periods
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Beaufort Community Sailing And Boating
Is Beaufort Community Sailing And Boating a legitimate charity?
Beaufort Community Sailing And Boating (EIN: 20546450) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 88/100. It has 9 years of IRS 990 filings on record. Total revenue: $194K. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Beaufort Community Sailing And Boating spend its money?
Beaufort Community Sailing And Boating directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Beaufort Community Sailing And Boating tax-deductible?
Beaufort Community Sailing And Boating is registered as a tax-exempt nonprofit (EIN: 20546450). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Beaufort Community Sailing And Boating's spending goes to programs?
Beaufort Community Sailing And Boating directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Beaufort Community Sailing And Boating compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Beaufort Community Sailing And Boating is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beaufort Community Sailing And Boating located?
Beaufort Community Sailing And Boating is headquartered in Beaufort, South Carolina and files with the IRS under EIN 20546450. It is classified under NTEE code N67.
How many years of IRS 990 filings does Beaufort Community Sailing And Boating have?
Beaufort Community Sailing And Boating has 9 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 $194K in total revenue.
Is Beaufort Community Sailing And Boating a good charity?
Based on the available data, Beaufort Community Sailing And Boating appears to be a good charity. It demonstrates strong program focus with 0% officer compensation, indicating that all funds go towards its mission. While there was a slight operating deficit in 2023 ($153,600 expenses vs $144,014 revenue), the overall trend of revenue growth and minimal liabilities are positive indicators.
How has the organization's revenue trended over time?
The organization's revenue has shown a significant upward trend, growing from $49,626 in 2016 to $144,014 in 2023, with a peak of $194,410 in the latest reported period. This indicates increasing support and growth for its activities.
What is the organization's approach to executive compensation?
Beaufort Community Sailing And Boating has consistently reported 0% officer compensation in all nine available IRS 990 filings, meaning its executive leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Beaufort Community Sailing And Boating showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Beaufort Community Sailing And Boating's revenue has grown by 91.3%, moving from $75K to $144K. Total assets decreased by 50% over the same period, from $75K to $37K. Total functional expenses rose by 230.6%, from $46K to $154K. In its most recent filing year (2023), Beaufort Community Sailing And Boating reported a deficit of $10K, with expenses exceeding revenue. The organization holds $2K in liabilities against $37K in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $154K | $37K | $2K | — | — |
| 2022 | $107K | $103K | $81K | $0 | — | View 990 |
| 2021 | $101K | $115K | $77K | $0 | — | — |
| 2020 | $55K | $69K | $86K | $0 | — | View 990 |
| 2019 | $64K | $69K | $95K | $1K | — | View 990 |
| 2018 | $70K | $60K | $99K | $0 | — | View 990 |
| 2017 | $72K | $45K | $89K | $7 | — | View 990 |
| 2016 | $50K | $40K | $62K | $0 | — | View 990 |
| 2015 | $75K | $46K | $75K | $102 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $154K, and assets of $37K (revenue +34.8% year-over-year).
- 2022: Revenue of $107K, expenses of $103K, and assets of $81K (revenue +5.4% year-over-year).
- 2021: Revenue of $101K, expenses of $115K, and assets of $77K (revenue +84.2% year-over-year).
- 2020: Revenue of $55K, expenses of $69K, and assets of $86K (revenue -14.4% year-over-year).
- 2019: Revenue of $64K, expenses of $69K, and assets of $95K (revenue -7.8% year-over-year).
- 2018: Revenue of $70K, expenses of $60K, and assets of $99K (revenue -2.5% year-over-year).
- 2017: Revenue of $72K, expenses of $45K, and assets of $89K (revenue +44.1% year-over-year).
- 2016: Revenue of $50K, expenses of $40K, and assets of $62K (revenue -34.1% year-over-year).
- 2015: Revenue of $75K, expenses of $46K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beaufort Community Sailing And Boating:
Data Sources and Methodology
This transparency report for Beaufort Community Sailing And Boating 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.