Belfast Curling Club Inc
Belfast Curling Club shows consistent revenue, asset growth, and no officer compensation.
EIN: 10275026 · Belfast, ME · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $328K |
| Total Expenses | $185K |
| Program Spending | 90% |
| Net Assets | $414K |
| Transparency Score | 92/100 |
Is Belfast Curling Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Belfast Curling Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Belfast Curling Club Inc
Belfast Curling Club Inc (EIN: 10275026) is a nonprofit organization based in Belfast, ME, classified under NTEE code A20. The organization reported total revenue of $328K and total assets of $926K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belfast Curling Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Belfast Curling Club Inc is a small nonprofit that has been operating for 11 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $185K |
| Surplus / Deficit | +$87K |
| Total Assets | $858K |
| Total Liabilities | $444K |
| Net Assets | $414K |
| Operating Margin | 31.9% |
| Debt-to-Asset Ratio | 51.8% |
| Months of Reserves | 55.5 months |
Financial Health Grade: A
In 2024, Belfast Curling Club Inc reported a surplus of $87K with revenue exceeding expenses, holds 55.5 months of operating reserves (strong position), has a debt-to-asset ratio of 51.8% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Belfast Curling Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -15.0% | +4.8% | +9.9% |
| 2023 | +31.8% | -51.0% | +19.7% |
| 2022 | +646.1% | +435.4% | +46.2% |
| 2021 | -81.5% | -54.3% | -8.2% |
| 2020 | +21.6% | +18.7% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
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 Belfast Curling Club Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Belfast Curling Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its 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 Belfast Curling Club Inc's IRS 990 filings:
- Significant increase in liabilities in 201603 to $44,219 from $50,483 in 201503, then a jump to $129,512 in 202103 and $444,182 in 202403, which warrants further investigation into the nature of these liabilities.
Strengths
The following positive indicators were identified for Belfast Curling Club Inc:
- Consistent asset growth, from $287,538 in 201503 to $857,926 in 202403, indicating strong financial health.
- Zero officer compensation reported across all filings, maximizing funds for programs and operations.
- Generally strong revenue generation and expense management, leading to surpluses in most years (e.g., $272,228 revenue vs. $185,373 expenses in 202403).
- Resilience in financial recovery, as demonstrated by the rebound from lower revenue in 202103.
- Long filing history (13 filings) indicates consistent compliance and transparency.
Frequently Asked Questions about Belfast Curling Club Inc
Is Belfast Curling Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Belfast Curling Club Inc (EIN: 10275026) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Belfast Curling Club Inc spend its money?
Belfast Curling Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Belfast Curling Club Inc tax-deductible?
Belfast Curling Club Inc is registered as a tax-exempt nonprofit (EIN: 10275026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Belfast Curling Club Inc's spending goes to programs?
Belfast Curling Club Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Belfast Curling Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Belfast Curling Club Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Belfast Curling Club Inc located?
Belfast Curling Club Inc is headquartered in Belfast, Maine and files with the IRS under EIN 10275026. It is classified under NTEE code A20.
How many years of IRS 990 filings does Belfast Curling Club Inc have?
Belfast Curling Club 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 $328K in total revenue.
Is Belfast Curling Club Inc. financially stable?
Yes, the club appears financially stable, consistently generating surpluses in most recent years (e.g., $272,228 revenue vs. $185,373 expenses in 202403) and showing steady asset growth from $287,538 in 201503 to $857,926 in 202403.
How does the club manage executive compensation?
The club reports 0% officer compensation in all available filings, indicating that its leadership operates on a volunteer basis, which is a strong indicator of efficiency and dedication to its mission.
Has the club experienced significant financial fluctuations?
While revenue and expenses have varied, particularly a dip in revenue to $32,569 in 202103, the club has consistently recovered and grown, demonstrating resilience and effective financial management, as seen by the rebound to $272,228 in 202403.
Filing History
IRS 990 filing history for Belfast Curling Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Belfast Curling Club Inc's revenue has grown by 129.1%, moving from $119K to $272K. Total assets increased by 329.9% over the same period, from $200K to $858K. Total functional expenses rose by 67.8%, from $110K to $185K. In its most recent filing year (2024), Belfast Curling Club Inc reported a surplus of $87K, with revenue exceeding expenses. The organization holds $444K in liabilities against $858K in assets (debt-to-asset ratio: 51.8%), resulting in net assets of $414K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $272K | $185K | $858K | $444K | — | — |
| 2023 | $320K | $177K | $781K | $454K | — | View 990 |
| 2022 | $243K | $361K | $652K | $464K | — | View 990 |
| 2021 | $33K | $67K | $446K | $130K | — | — |
| 2020 | $176K | $148K | $486K | $134K | — | View 990 |
| 2019 | $145K | $124K | $462K | $139K | — | View 990 |
| 2018 | $138K | $132K | $455K | $152K | — | — |
| 2017 | $136K | $122K | $460K | $163K | — | View 990 |
| 2016 | $171K | $125K | $327K | $44K | — | View 990 |
| 2015 | $180K | $104K | $288K | $50K | — | View 990 |
| 2014 | $124K | $108K | $221K | $57K | — | View 990 |
| 2013 | $122K | $104K | $211K | $62K | — | — |
| 2012 | $119K | $110K | $200K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $272K, expenses of $185K, and assets of $858K (revenue -15.0% year-over-year).
- 2023: Revenue of $320K, expenses of $177K, and assets of $781K (revenue +31.8% year-over-year).
- 2022: Revenue of $243K, expenses of $361K, and assets of $652K (revenue +646.1% year-over-year).
- 2021: Revenue of $33K, expenses of $67K, and assets of $446K (revenue -81.5% year-over-year).
- 2020: Revenue of $176K, expenses of $148K, and assets of $486K (revenue +21.6% year-over-year).
- 2019: Revenue of $145K, expenses of $124K, and assets of $462K (revenue +5.2% year-over-year).
- 2018: Revenue of $138K, expenses of $132K, and assets of $455K (revenue +0.9% year-over-year).
- 2017: Revenue of $136K, expenses of $122K, and assets of $460K (revenue -20.3% year-over-year).
- 2016: Revenue of $171K, expenses of $125K, and assets of $327K (revenue -5.0% year-over-year).
- 2015: Revenue of $180K, expenses of $104K, and assets of $288K (revenue +45.1% year-over-year).
- 2014: Revenue of $124K, expenses of $108K, and assets of $221K (revenue +1.5% year-over-year).
- 2013: Revenue of $122K, expenses of $104K, and assets of $211K (revenue +2.9% year-over-year).
- 2012: Revenue of $119K, expenses of $110K, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Belfast Curling Club Inc:
Data Sources and Methodology
This transparency report for Belfast Curling Club 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.