Blue Knights Motorcycle Club
Blue Knights Motorcycle Club maintains stable assets and no officer compensation, with fluctuating annual surpluses and deficits.
EIN: 10355797 · Bangor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $434K |
| Total Expenses | $441K |
| Program Spending | 75% |
| Net Assets | $869K |
| Transparency Score | 85/100 |
Is Blue Knights Motorcycle Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Knights Motorcycle Club directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Knights Motorcycle Club
Blue Knights Motorcycle Club (EIN: 10355797) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $434K and total assets of $867K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Knights Motorcycle Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Knights Motorcycle Club is a small nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $411K |
| Total Expenses | $441K |
| Surplus / Deficit | $-30,423 |
| Total Assets | $887K |
| Total Liabilities | $19K |
| Net Assets | $869K |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 24.1 months |
Financial Health Grade: B
In 2023, Blue Knights Motorcycle Club reported a deficit of $30K with expenses exceeding revenue, holds 24.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Blue Knights Motorcycle Club's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | +26.8% | -3.3% |
| 2022 | -3.0% | +2.1% | +4.0% |
| 2021 | -4.7% | +4.5% | +8.5% |
| 2020 | -17.3% | -21.7% | +9.0% |
| 2019 | +11.2% | +13.7% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Blue Knights Motorcycle Club with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Blue Knights Motorcycle Club allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization with annual revenues consistently in the hundreds of thousands.
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 Blue Knights Motorcycle Club's IRS 990 filings:
- Occasional deficits where expenses exceed revenue (e.g., $30,423 deficit in 2023, $76,933 deficit in 2016), which could impact long-term sustainability if not managed.
Strengths
The following positive indicators were identified for Blue Knights Motorcycle Club:
- Consistent growth in assets, from $742,411 in 2014 to $887,290 in 2023, indicating strong financial health.
- 0% officer compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
- Low and stable liabilities, typically under $35,000, suggesting good debt management.
- Long history of IRS 990 filings (12 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Blue Knights Motorcycle Club
Is Blue Knights Motorcycle Club a legitimate charity?
Blue Knights Motorcycle Club (EIN: 10355797) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $434K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Blue Knights Motorcycle Club spend its money?
Blue Knights Motorcycle Club directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Blue Knights Motorcycle Club tax-deductible?
Blue Knights Motorcycle Club is registered as a tax-exempt nonprofit (EIN: 10355797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blue Knights Motorcycle Club's spending goes to programs?
Blue Knights Motorcycle Club directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Blue Knights Motorcycle Club located?
Blue Knights Motorcycle Club is headquartered in Bangor, Maine and files with the IRS under EIN 10355797.
How many years of IRS 990 filings does Blue Knights Motorcycle Club have?
Blue Knights Motorcycle Club has 12 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 $434K in total revenue.
Is Blue Knights Motorcycle Club financially stable?
Yes, the organization appears financially stable, with assets consistently growing from $742,411 in 2014 to $887,290 in 2023, and liabilities remaining low.
Does Blue Knights Motorcycle Club pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all periods, indicating officers are not paid salaries.
What is the trend in Blue Knights Motorcycle Club's revenue and expenses?
Revenue has generally fluctuated between $380,000 and $500,000 annually. Expenses have also varied, sometimes exceeding revenue (e.g., $440,939 expenses vs. $410,516 revenue in 2023) and sometimes falling below (e.g., $347,706 expenses vs. $384,455 revenue in 2022).
How has the organization's asset base changed over time?
The organization's assets have shown a positive growth trend, increasing from $742,411 in 2014 to $887,290 in 2023.
Filing History
IRS 990 filing history for Blue Knights Motorcycle Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Blue Knights Motorcycle Club's revenue has grown by 17.2%, moving from $350K to $411K. Total assets increased by 7.8% over the same period, from $823K to $887K. Total functional expenses rose by 5%, from $420K to $441K. In its most recent filing year (2023), Blue Knights Motorcycle Club reported a deficit of $30K, with expenses exceeding revenue. The organization holds $19K in liabilities against $887K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $869K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $411K | $441K | $887K | $19K | — | View 990 |
| 2022 | $384K | $348K | $918K | $19K | — | — |
| 2021 | $396K | $340K | $883K | $21K | — | View 990 |
| 2020 | $416K | $326K | $814K | $8K | — | — |
| 2019 | $503K | $416K | $747K | $28K | — | View 990 |
| 2018 | $452K | $366K | $644K | $13K | — | View 990 |
| 2017 | $428K | $404K | $579K | $34K | — | View 990 |
| 2016 | $400K | $477K | $601K | $24K | — | View 990 |
| 2015 | $398K | $506K | $671K | $31K | — | View 990 |
| 2014 | $387K | $441K | $742K | $0 | — | View 990 |
| 2013 | $449K | $475K | $796K | $0 | — | View 990 |
| 2012 | $350K | $420K | $823K | $752 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $411K, expenses of $441K, and assets of $887K (revenue +6.8% year-over-year).
- 2022: Revenue of $384K, expenses of $348K, and assets of $918K (revenue -3.0% year-over-year).
- 2021: Revenue of $396K, expenses of $340K, and assets of $883K (revenue -4.7% year-over-year).
- 2020: Revenue of $416K, expenses of $326K, and assets of $814K (revenue -17.3% year-over-year).
- 2019: Revenue of $503K, expenses of $416K, and assets of $747K (revenue +11.2% year-over-year).
- 2018: Revenue of $452K, expenses of $366K, and assets of $644K (revenue +5.7% year-over-year).
- 2017: Revenue of $428K, expenses of $404K, and assets of $579K (revenue +7.0% year-over-year).
- 2016: Revenue of $400K, expenses of $477K, and assets of $601K (revenue +0.3% year-over-year).
- 2015: Revenue of $398K, expenses of $506K, and assets of $671K (revenue +2.9% year-over-year).
- 2014: Revenue of $387K, expenses of $441K, and assets of $742K (revenue -13.7% year-over-year).
- 2013: Revenue of $449K, expenses of $475K, and assets of $796K (revenue +28.1% year-over-year).
- 2012: Revenue of $350K, expenses of $420K, and assets of $823K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Knights Motorcycle Club:
Data Sources and Methodology
This transparency report for Blue Knights Motorcycle 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.