Coral Creek Club Member Acquisition Corp
EIN: 874087366 · Placida, FL · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $13.7M |
| Total Expenses | $8.8M |
| Net Assets | $4.0M |
Is Coral Creek Club Member Acquisition Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Coral Creek Club Member Acquisition Corp
Coral Creek Club Member Acquisition Corp (EIN: 874087366) is a nonprofit organization based in Placida, FL, classified under NTEE code N50. The organization reported total revenue of $13.7M and total assets of $27.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coral Creek Club Member Acquisition Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coral Creek Club Member Acquisition Corp is a large nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 1611.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.7M |
| Total Expenses | $8.8M |
| Surplus / Deficit | +$4.9M |
| Total Assets | $24.3M |
| Total Liabilities | $20.3M |
| Net Assets | $4.0M |
| Operating Margin | 35.5% |
| Debt-to-Asset Ratio | 83.5% |
| Months of Reserves | 33.0 months |
Financial Health Grade: A
In 2023, Coral Creek Club Member Acquisition Corp reported a surplus of $4.9M with revenue exceeding expenses, holds 33.0 months of operating reserves (strong position), has a debt-to-asset ratio of 83.5% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Coral Creek Club Member Acquisition Corp's revenue has grown at a compound annual growth rate (CAGR) of 1611.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1611.5% | +434.8% | +72.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coral Creek Club Member Acquisition Corp 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 Coral Creek Club Member Acquisition Corp 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 $4.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.5%.
Frequently Asked Questions about Coral Creek Club Member Acquisition Corp
Is Coral Creek Club Member Acquisition Corp a legitimate charity?
Coral Creek Club Member Acquisition Corp (EIN: 874087366) is a registered tax-exempt nonprofit based in Florida. It has 2 years of IRS 990 filings on record. Total revenue: $13.7M. No red flags identified. Financial health grade: A.
How does Coral Creek Club Member Acquisition Corp spend its money?
Coral Creek Club Member Acquisition Corp reported $13.7M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Coral Creek Club Member Acquisition Corp tax-deductible?
Coral Creek Club Member Acquisition Corp is registered as a tax-exempt nonprofit (EIN: 874087366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coral Creek Club Member Acquisition Corp located?
Coral Creek Club Member Acquisition Corp is headquartered in Placida, Florida and files with the IRS under EIN 874087366. It is classified under NTEE code N50.
How many years of IRS 990 filings does Coral Creek Club Member Acquisition Corp have?
Coral Creek Club Member Acquisition Corp 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 $13.7M in total revenue.
Filing History
IRS 990 filing history for Coral Creek Club Member Acquisition Corp showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Coral Creek Club Member Acquisition Corp's revenue has grown by 1611.5%, moving from $800K to $13.7M. Total assets increased by 72.3% over the same period, from $14.1M to $24.3M. Total functional expenses rose by 434.8%, from $1.7M to $8.8M. In its most recent filing year (2023), Coral Creek Club Member Acquisition Corp reported a surplus of $4.9M, with revenue exceeding expenses. The organization holds $20.3M in liabilities against $24.3M in assets (debt-to-asset ratio: 83.5%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.7M | $8.8M | $24.3M | $20.3M | — | — |
| 2022 | $800K | $1.7M | $14.1M | $15.0M | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coral Creek Club Member Acquisition Corp:
Data Sources and Methodology
This transparency report for Coral Creek Club Member Acquisition Corp 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.