Cape Fear Club
EIN: 560161690 · Wilmington, NC
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $823K |
| Net Assets | $2.0M |
Is Cape Fear Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cape Fear Club
Cape Fear Club (EIN: 560161690) is a nonprofit organization based in Wilmington, NC. The organization reported total revenue of $1.5M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape Fear Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cape Fear Club is a mid-size nonprofit that has been operating for 81 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $943K |
| Total Expenses | $823K |
| Surplus / Deficit | +$120K |
| Total Assets | $2.0M |
| Total Liabilities | $16K |
| Net Assets | $2.0M |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 29.8 months |
Financial Health Grade: A
In 2022, Cape Fear Club reported a surplus of $120K with revenue exceeding expenses, holds 29.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Cape Fear Club's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -8.3% | -1.9% | -5.8% |
| 2021 | +27.2% | +56.8% | +19.2% |
| 2020 | +1.0% | -12.9% | +29.4% |
| 2019 | +47.1% | +20.6% | +15.2% |
| 2018 | +8.9% | +5.7% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cape Fear Club 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 Cape Fear Club 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Cape Fear Club
Is Cape Fear Club a legitimate charity?
Cape Fear Club (EIN: 560161690) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Cape Fear Club spend its money?
Cape Fear Club reported $1.5M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cape Fear Club tax-deductible?
Cape Fear Club is registered as a tax-exempt nonprofit (EIN: 560161690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cape Fear Club located?
Cape Fear Club is headquartered in Wilmington, North Carolina and files with the IRS under EIN 560161690.
How many years of IRS 990 filings does Cape Fear Club have?
Cape Fear 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Cape Fear Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Cape Fear Club's revenue has grown by 116.8%, moving from $435K to $943K. Total assets increased by 174% over the same period, from $746K to $2.0M. Total functional expenses rose by 84.4%, from $446K to $823K. In its most recent filing year (2022), Cape Fear Club reported a surplus of $120K, with revenue exceeding expenses. The organization holds $16K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $943K | $823K | $2.0M | $16K | — | View 990 |
| 2021 | $1.0M | $839K | $2.2M | $261K | — | View 990 |
| 2020 | $808K | $535K | $1.8M | $157K | — | View 990 |
| 2019 | $800K | $614K | $1.4M | $17K | — | View 990 |
| 2018 | $544K | $510K | $1.2M | $16K | — | View 990 |
| 2017 | $499K | $482K | $1.2M | $15K | — | View 990 |
| 2016 | $523K | $501K | $1.2M | $16K | — | View 990 |
| 2015 | $585K | $486K | $1.1M | $14K | — | View 990 |
| 2014 | $589K | $449K | $1.1M | $57K | — | View 990 |
| 2013 | $590K | $427K | $989K | $95K | — | View 990 |
| 2012 | $443K | $444K | $741K | $11K | — | View 990 |
| 2011 | $435K | $446K | $746K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $943K, expenses of $823K, and assets of $2.0M (revenue -8.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $839K, and assets of $2.2M (revenue +27.2% year-over-year).
- 2020: Revenue of $808K, expenses of $535K, and assets of $1.8M (revenue +1.0% year-over-year).
- 2019: Revenue of $800K, expenses of $614K, and assets of $1.4M (revenue +47.1% year-over-year).
- 2018: Revenue of $544K, expenses of $510K, and assets of $1.2M (revenue +8.9% year-over-year).
- 2017: Revenue of $499K, expenses of $482K, and assets of $1.2M (revenue -4.6% year-over-year).
- 2016: Revenue of $523K, expenses of $501K, and assets of $1.2M (revenue -10.5% year-over-year).
- 2015: Revenue of $585K, expenses of $486K, and assets of $1.1M (revenue -0.6% year-over-year).
- 2014: Revenue of $589K, expenses of $449K, and assets of $1.1M (revenue -0.3% year-over-year).
- 2013: Revenue of $590K, expenses of $427K, and assets of $989K (revenue +33.3% year-over-year).
- 2012: Revenue of $443K, expenses of $444K, and assets of $741K (revenue +1.9% year-over-year).
- 2011: Revenue of $435K, expenses of $446K, and assets of $746K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cape Fear Club:
Data Sources and Methodology
This transparency report for Cape Fear 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.