Drifters Club
EIN: 821428245 · Madison, NH · NTEE: P20
| Metric | Value |
|---|---|
| Total Expenses | $34K |
| Net Assets | $134K |
Is Drifters Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Drifters Club
Drifters Club (EIN: 821428245) is a nonprofit organization based in Madison, NH, classified under NTEE code P20. 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 Drifters Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Drifters Club is a micro nonprofit that has been operating for 5 years, with 8 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $34K |
| Surplus / Deficit | $-14,268 |
| Total Assets | $134K |
| Net Assets | $134K |
| Operating Margin | -71.5% |
| Months of Reserves | 46.9 months |
Financial Health Grade: B
In 2022, Drifters Club reported a deficit of $14K with expenses exceeding revenue, holds 46.9 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2015–2022), Drifters Club's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -39.3% | +21.6% | -9.6% |
| 2021 | -15.3% | -20.3% | +3.3% |
| 2020 | -23.3% | +15.7% | +2.5% |
| 2019 | -46.1% | +8.8% | +16.8% |
| 2018 | +168.7% | +6.1% | +122.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Drifters Club 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 Drifters Club 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 deficit of $14K, with expenses exceeding revenue.
Frequently Asked Questions about Drifters Club
Is Drifters Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Drifters Club (EIN: 821428245) insufficient data. 0 red flags identified, 0 strengths noted.
How does Drifters Club spend its money?
Detailed spending breakdown data is not yet available for Drifters Club. Check back for updated IRS 990 analysis.
Are donations to Drifters Club tax-deductible?
Drifters Club is registered as a tax-exempt nonprofit (EIN: 821428245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Drifters Club located?
Drifters Club is headquartered in Madison, New Hampshire and files with the IRS under EIN 821428245. It is classified under NTEE code P20.
How many years of IRS 990 filings does Drifters Club have?
Drifters Club has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Drifters Club showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2022), Drifters Club's revenue has declined by 40.5%, moving from $34K to $20K. Total assets increased by 192.5% over the same period, from $46K to $134K. Total functional expenses rose by 15.3%, from $30K to $34K. In its most recent filing year (2022), Drifters Club reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $20K | $34K | $134K | $0 | — | View 990 |
| 2021 | $33K | $28K | $148K | $0 | — | — |
| 2020 | $39K | $35K | $143K | $0 | — | View 990 |
| 2019 | $51K | $30K | $140K | $0 | — | View 990 |
| 2018 | $94K | $28K | $120K | $0 | — | View 990 |
| 2017 | $35K | $26K | $54K | $0 | — | View 990 |
| 2016 | $23K | $23K | $45K | $0 | — | View 990 |
| 2015 | $34K | $30K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $20K, expenses of $34K, and assets of $134K (revenue -39.3% year-over-year).
- 2021: Revenue of $33K, expenses of $28K, and assets of $148K (revenue -15.3% year-over-year).
- 2020: Revenue of $39K, expenses of $35K, and assets of $143K (revenue -23.3% year-over-year).
- 2019: Revenue of $51K, expenses of $30K, and assets of $140K (revenue -46.1% year-over-year).
- 2018: Revenue of $94K, expenses of $28K, and assets of $120K (revenue +168.7% year-over-year).
- 2017: Revenue of $35K, expenses of $26K, and assets of $54K (revenue +53.4% year-over-year).
- 2016: Revenue of $23K, expenses of $23K, and assets of $45K (revenue -32.1% year-over-year).
- 2015: Revenue of $34K, expenses of $30K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Drifters Club:
Data Sources and Methodology
This transparency report for Drifters 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.