Canton Kayak Club

Canton Kayak Club maintains stable assets and no liabilities, with 0% officer compensation.

EIN: 161623171 · Cockeysville, MD · NTEE: N67 · Updated: 2026-03-28

$152KRevenue

$128KAssets

92/100Mission Score (Excellent)

N67

About Canton Kayak Club

Canton Kayak Club (EIN: 161623171) is a nonprofit organization based in Cockeysville, MD, classified under NTEE code N67. The organization reported total revenue of $152K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canton Kayak Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Canton Kayak Club demonstrates consistent financial health with a stable asset base and no reported liabilities across its last three filings. While revenue has fluctuated, ranging from $104,053 to $131,787, the organization generally manages its expenses effectively. In 2023, expenses ($114,316) slightly exceeded revenue ($104,053), indicating a minor deficit for that period, but this appears to be an anomaly given the surpluses in 2022 and 2021. The club's transparency is high, particularly due to its clear financial reporting and the absence of officer compensation, which simplifies understanding its operational focus.

The organization's spending efficiency appears strong, especially given that 0% of its expenses are allocated to officer compensation. This suggests that resources are primarily directed towards its mission. With no liabilities reported, the club maintains a healthy balance sheet, indicating responsible financial management. The consistent asset growth from $113,485 in 2021 to $120,780 in 2023 further supports its financial stability.

Overall, the Canton Kayak Club exhibits sound financial practices, a commitment to its mission through efficient spending, and a high degree of transparency, particularly regarding executive compensation. The minor deficit in 2023 warrants monitoring but does not overshadow the overall positive financial trajectory and responsible management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Canton Kayak Club 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, Canton Kayak Club 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.

Executive Compensation Analysis

The Canton Kayak Club reports 0% officer compensation across all three recent filings, indicating that no salaries are paid to its officers. This is highly commendable for an organization of its size, suggesting a volunteer-driven leadership model and a strong commitment to directing all funds towards its mission.

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 Canton Kayak Club's IRS 990 filings:

Expenses slightly exceeded revenue in 2023 ($114,316 vs $104,053), indicating a minor deficit for that period.

Strengths

The following positive indicators were identified for Canton Kayak Club:

0% officer compensation across all reported periods, indicating highly efficient use of funds.
No reported liabilities in any of the three filings, demonstrating strong financial management.
Consistent asset base, growing from $113,485 in 2021 to $120,780 in 2023, indicating financial stability.
Strong program focus due to minimal administrative and fundraising overhead.

Frequently Asked Questions about Canton Kayak Club

Is Canton Kayak Club a good charity?

Yes, Canton Kayak Club appears to be a very good charity. It demonstrates strong financial health with no liabilities, consistent asset growth, and most notably, 0% officer compensation, meaning all funds are directed to its programs.

How does Canton Kayak Club manage its expenses?

The club generally manages its expenses well, with surpluses in 2021 and 2022. While 2023 saw expenses ($114,316) slightly exceed revenue ($104,053), this is a minor fluctuation in an otherwise stable financial history.

What is the financial trend of Canton Kayak Club?

The Canton Kayak Club shows a trend of stable assets, growing from $113,485 in 2021 to $120,780 in 2023, and consistent revenue generation, albeit with some year-to-year fluctuations. The absence of liabilities is a consistent positive trend.

Filing History

IRS 990 filing history for Canton Kayak Club showing financial trends over 3 years of public records:

Over 3 years of IRS 990 filings (2021–2023), Canton Kayak Club's revenue has declined by 21%, moving from $132K to $104K. Total assets increased by 6.4% over the same period, from $113K to $121K. Total functional expenses rose by 18.4%, from $97K to $114K. In its most recent filing year (2023), Canton Kayak Club reported a deficit of $10K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$104K	$114K	$121K	$0	—	View 990
2022	$112K	$94K	$122K	$0	—	View 990
2021	$132K	$97K	$113K	$0	—	—

Year-by-Year Financial Summary

2023: Revenue of $104K, expenses of $114K, and assets of $121K (revenue -6.7% year-over-year).
2022: Revenue of $112K, expenses of $94K, and assets of $122K (revenue -15.4% year-over-year).
2021: Revenue of $132K, expenses of $97K, and assets of $113K.

Data Sources and Methodology

This transparency report for Canton Kayak 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.