Cedar Creek Racquet Club Inc
EIN: 561711907 · Cashiers, NC · NTEE: N50
Is Cedar Creek Racquet 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 Cedar Creek Racquet Club Inc
Cedar Creek Racquet Club Inc (EIN: 561711907) is a nonprofit organization based in Cashiers, NC, classified under NTEE code N50. The organization reported total revenue of $4.7M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedar Creek Racquet Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cedar Creek Racquet Club Inc is a mid-size nonprofit that has been operating for 4 years.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$706K |
| Total Assets | $4.0M |
| Total Liabilities | $1.7M |
| Net Assets | $2.3M |
| Operating Margin | 24.3% |
| Debt-to-Asset Ratio | 43.0% |
| Months of Reserves | 21.8 months |
Financial Health Grade: A
In 2022, Cedar Creek Racquet Club Inc reported a surplus of $706K with revenue exceeding expenses, holds 21.8 months of operating reserves (strong position), has a debt-to-asset ratio of 43.0% (moderate leverage).
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 Cedar Creek Racquet 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 Cedar Creek Racquet 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $706K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.0%.
Frequently Asked Questions about Cedar Creek Racquet Club Inc
Is Cedar Creek Racquet Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cedar Creek Racquet Club Inc (EIN: 561711907) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cedar Creek Racquet Club Inc spend its money?
Detailed spending breakdown data is not yet available for Cedar Creek Racquet Club Inc. Check back for updated IRS 990 analysis.
Are donations to Cedar Creek Racquet Club Inc tax-deductible?
Cedar Creek Racquet Club Inc is registered as a tax-exempt nonprofit (EIN: 561711907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Cedar Creek Racquet Club Inc showing financial trends over 1 year of public records:
In its most recent filing year (2022), Cedar Creek Racquet Club Inc reported a surplus of $706K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $4.0M in assets (debt-to-asset ratio: 43.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.9M | $2.2M | $4.0M | $1.7M | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cedar Creek Racquet Club Inc:
Data Sources and Methodology
This transparency report for Cedar Creek Racquet 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.