Club Associates Inc
EIN: 60387365 · Rockfall, CT
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $29K |
| Net Assets | $606K |
Is Club Associates Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Club Associates Inc
Club Associates Inc (EIN: 60387365) is a nonprofit organization based in Rockfall, CT. The organization reported total revenue of $37K and total assets of $606K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Club Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Club Associates Inc is a micro nonprofit that has been operating for 63 years, with 10 years of IRS 990 filings on record (2010–2019).
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $29K |
| Surplus / Deficit | $-2,783 |
| Total Assets | $606K |
| Net Assets | $606K |
| Operating Margin | -10.8% |
| Months of Reserves | 254.4 months |
Financial Health Grade: B
In 2019, Club Associates Inc reported a deficit of $3K with expenses exceeding revenue, holds 254.4 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +359.6% | -27.3% | +14.4% |
| 2018 | -92.3% | +61.8% | -4.3% |
| 2017 | +223.5% | -6.6% | +13.4% |
| 2016 | +37.7% | +36.2% | +0.2% |
| 2015 | -21.0% | -50.4% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Club Associates 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 Club Associates 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Club Associates Inc
Is Club Associates Inc a legitimate charity?
Club Associates Inc (EIN: 60387365) is a registered tax-exempt nonprofit based in Connecticut. It has 10 years of IRS 990 filings on record. Total revenue: $37K. No red flags identified. Financial health grade: B.
How does Club Associates Inc spend its money?
Club Associates Inc reported $37K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Club Associates Inc tax-deductible?
Club Associates Inc is registered as a tax-exempt nonprofit (EIN: 60387365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Club Associates Inc located?
Club Associates Inc is headquartered in Rockfall, Connecticut and files with the IRS under EIN 60387365.
How many years of IRS 990 filings does Club Associates Inc have?
Club Associates Inc has 10 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 $37K in total revenue.
Filing History
IRS 990 filing history for Club Associates Inc showing financial trends over 10 years of public records:
Total assets increased by 56.5% over the same period, from $387K to $606K. Total functional expenses rose by 9.3%, from $26K to $29K. In its most recent filing year (2019), Club Associates Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $26K | $29K | $606K | $0 | — | View 990 |
| 2018 | $6K | $39K | $530K | $0 | — | View 990 |
| 2017 | $73K | $24K | $553K | $0 | — | View 990 |
| 2016 | $23K | $26K | $488K | $0 | — | View 990 |
| 2015 | $16K | $19K | $487K | $0 | — | View 990 |
| 2014 | $21K | $39K | $462K | $0 | — | View 990 |
| 2013 | $22K | $24K | $479K | $0 | — | View 990 |
| 2012 | $2K | $27K | $405K | $0 | — | View 990 |
| 2011 | $18K | $19K | $387K | $0 | — | View 990 |
| 2010 | $-4,198 | $26K | $387K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $26K, expenses of $29K, and assets of $606K (revenue +359.6% year-over-year).
- 2018: Revenue of $6K, expenses of $39K, and assets of $530K (revenue -92.3% year-over-year).
- 2017: Revenue of $73K, expenses of $24K, and assets of $553K (revenue +223.5% year-over-year).
- 2016: Revenue of $23K, expenses of $26K, and assets of $488K (revenue +37.7% year-over-year).
- 2015: Revenue of $16K, expenses of $19K, and assets of $487K (revenue -21.0% year-over-year).
- 2014: Revenue of $21K, expenses of $39K, and assets of $462K (revenue -4.3% year-over-year).
- 2013: Revenue of $22K, expenses of $24K, and assets of $479K (revenue +1023.7% year-over-year).
- 2012: Revenue of $2K, expenses of $27K, and assets of $405K (revenue -89.2% year-over-year).
- 2011: Revenue of $18K, expenses of $19K, and assets of $387K.
- 2010: Revenue of $-4,198, expenses of $26K, and assets of $387K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Club Associates Inc:
Data Sources and Methodology
This transparency report for Club Associates 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.