Castine Golf Club Inc
EIN: 862141846 · Castine, ME · NTEE: N6A
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $820K |
| Net Assets | $1.6M |
Is Castine Golf Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Castine Golf Club Inc
Castine Golf Club Inc (EIN: 862141846) is a nonprofit organization based in Castine, ME, classified under NTEE code N6A. The organization reported total revenue of $1.3M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Castine Golf Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Castine Golf Club Inc is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 48.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $820K |
| Surplus / Deficit | +$655K |
| Total Assets | $1.6M |
| Total Liabilities | $20K |
| Net Assets | $1.6M |
| Operating Margin | 44.4% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 23.9 months |
Financial Health Grade: A
In 2023, Castine Golf Club Inc reported a surplus of $655K with revenue exceeding expenses, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Castine Golf Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 48.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.4% | -3.6% | +61.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Castine Golf Club Inc 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 Castine Golf Club Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $655K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Castine Golf Club Inc
Is Castine Golf Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Castine Golf Club Inc (EIN: 862141846) insufficient data. 0 red flags identified, 0 strengths noted.
How does Castine Golf Club Inc spend its money?
Detailed spending breakdown data is not yet available for Castine Golf Club Inc. Check back for updated IRS 990 analysis.
Are donations to Castine Golf Club Inc tax-deductible?
Castine Golf Club Inc is registered as a tax-exempt nonprofit (EIN: 862141846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Castine Golf Club Inc located?
Castine Golf Club Inc is headquartered in Castine, Maine and files with the IRS under EIN 862141846. It is classified under NTEE code N6A.
How many years of IRS 990 filings does Castine Golf Club Inc have?
Castine Golf Club Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Castine Golf Club Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Castine Golf Club Inc's revenue has grown by 48.4%, moving from $994K to $1.5M. Total assets increased by 61.1% over the same period, from $1.0M to $1.6M. Total functional expenses fell by 3.6%, from $851K to $820K. In its most recent filing year (2023), Castine Golf Club Inc reported a surplus of $655K, with revenue exceeding expenses. The organization holds $20K in liabilities against $1.6M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $820K | $1.6M | $20K | — | — |
| 2022 | $994K | $851K | $1.0M | $31K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Castine Golf Club Inc:
Data Sources and Methodology
This transparency report for Castine Golf 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.