Cobbosseecontee Yacht Club
Cobbosseecontee Yacht Club reports no revenue or assets in latest filing.
EIN: 10374889 · East Winthrop, ME · NTEE: S99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 20/100 |
Is Cobbosseecontee Yacht Club Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cobbosseecontee Yacht Club
Cobbosseecontee Yacht Club (EIN: 10374889) is a nonprofit organization based in East Winthrop, ME, classified under NTEE code S99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cobbosseecontee Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cobbosseecontee Yacht Club with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Cobbosseecontee Yacht Club allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation data is available as the organization reported $0 in revenue and assets, suggesting no paid staff or significant financial operations.
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 Cobbosseecontee Yacht Club's IRS 990 filings:
- No reported revenue or assets, indicating potential inactivity or very early stage.
Frequently Asked Questions about Cobbosseecontee Yacht Club
Is Cobbosseecontee Yacht Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Cobbosseecontee Yacht Club (EIN: 10374889) significant concerns. Mission Score: 20/100. 1 red flag identified, 0 strengths noted.
How does Cobbosseecontee Yacht Club spend its money?
Detailed spending breakdown data is not yet available for Cobbosseecontee Yacht Club. Check back for updated IRS 990 analysis.
Are donations to Cobbosseecontee Yacht Club tax-deductible?
Cobbosseecontee Yacht Club is registered as a tax-exempt nonprofit (EIN: 10374889). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cobbosseecontee Yacht Club CEO make?
Cobbosseecontee Yacht Club's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Cobbosseecontee Yacht Club compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Cobbosseecontee Yacht Club is below average for NTEE category S99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cobbosseecontee Yacht Club located?
Cobbosseecontee Yacht Club is headquartered in East Winthrop, Maine and files with the IRS under EIN 10374889. It is classified under NTEE code S99.
Is Cobbosseecontee Yacht Club a good charity?
Based on the available IRS 990 data showing $0 in revenue and assets, it's not possible to assess if Cobbosseecontee Yacht Club is a 'good charity' in terms of financial performance or impact. There is no financial activity to evaluate.
What are Cobbosseecontee Yacht Club's primary programs?
The IRS 990 data does not provide details on specific programs, as the organization reported no revenue or assets, indicating no operational activities to fund programs.
Data Sources and Methodology
This transparency report for Cobbosseecontee Yacht 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.