Delaware Seaside Railroad Club Inc
Delaware Seaside Railroad Club Inc maintains strong financial health with zero liabilities and no officer compensation.
EIN: 205762923 · Ocean View, DE · NTEE: A50 · Updated: 2026-03-28
Is Delaware Seaside Railroad Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Delaware Seaside Railroad Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Delaware Seaside Railroad Club Inc
Delaware Seaside Railroad Club Inc (EIN: 205762923) is a nonprofit organization based in Ocean View, DE, classified under NTEE code A50. The organization reported total revenue of $73K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Seaside Railroad Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Delaware Seaside Railroad Club Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Delaware Seaside Railroad Club Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation is reported as 0%, indicating that no salaries are paid to officers, which is common for smaller, volunteer-driven organizations and suggests a high dedication of resources to the mission.
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.
Strengths
The following positive indicators were identified for Delaware Seaside Railroad Club Inc:
- Zero officer compensation, indicating high dedication of resources to mission.
- Strong financial position with $0 liabilities and $53,945 in assets.
- Positive net income in the latest reported period ($61,028 revenue vs. $42,564 expenses).
Frequently Asked Questions about Delaware Seaside Railroad Club Inc
Is Delaware Seaside Railroad Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Delaware Seaside Railroad Club Inc (EIN: 205762923) appears legitimate. Mission Score: 95/100. 0 red flags identified, 3 strengths noted.
How does Delaware Seaside Railroad Club Inc spend its money?
Delaware Seaside Railroad Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Delaware Seaside Railroad Club Inc tax-deductible?
Delaware Seaside Railroad Club Inc is registered as a tax-exempt nonprofit (EIN: 205762923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Delaware Seaside Railroad Club Inc a good charity?
Based on the available data, the Delaware Seaside Railroad Club Inc appears to be a well-managed organization. It reported zero officer compensation, indicating that all resources are directed towards its mission. Its strong financial position with $53,945 in assets and $0 in liabilities further supports its operational stability.
How does the club manage its expenses?
In the 2023 period, the club's expenses were $42,564 against revenues of $61,028, demonstrating effective cost management and a surplus of funds. The absence of officer compensation suggests a lean operational structure.
Filing History
IRS 990 filing history for Delaware Seaside Railroad Club Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Delaware Seaside Railroad Club Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $43K | $54K | $0 | — | — |
Data Sources and Methodology
This transparency report for Delaware Seaside Railroad 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.