East End Yacht Club Incorporated
EIN: 60329082 · Bridgeport, CT · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $683K |
| Total Expenses | $582K |
| Net Assets | $749K |
Is East End Yacht Club Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About East End Yacht Club Incorporated
East End Yacht Club Incorporated (EIN: 60329082) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code N50. The organization reported total revenue of $683K and total assets of $692K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East End Yacht Club Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East End Yacht Club Incorporated is a small nonprofit that has been operating for 9 years, with 10 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $557K |
| Total Expenses | $582K |
| Surplus / Deficit | $-24,659 |
| Total Assets | $752K |
| Total Liabilities | $3K |
| Net Assets | $749K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 15.5 months |
Financial Health Grade: B
In 2023, East End Yacht Club Incorporated reported a deficit of $25K with expenses exceeding revenue, holds 15.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2010–2023), East End Yacht Club Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +15.4% | -4.1% |
| 2022 | -7.8% | -19.7% | -8.3% |
| 2021 | +2.2% | +9.0% | -19.6% |
| 2019 | -7.3% | -16.6% | -5.2% |
| 2018 | +14.6% | +16.3% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for East End Yacht Club Incorporated 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 East End Yacht Club Incorporated 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 deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about East End Yacht Club Incorporated
Is East End Yacht Club Incorporated a legitimate charity?
East End Yacht Club Incorporated (EIN: 60329082) is a registered tax-exempt nonprofit based in Connecticut. It has 10 years of IRS 990 filings on record. Total revenue: $683K. No red flags identified. Financial health grade: B.
How does East End Yacht Club Incorporated spend its money?
East End Yacht Club Incorporated reported $683K 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 East End Yacht Club Incorporated tax-deductible?
East End Yacht Club Incorporated is registered as a tax-exempt nonprofit (EIN: 60329082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is East End Yacht Club Incorporated located?
East End Yacht Club Incorporated is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 60329082. It is classified under NTEE code N50.
How many years of IRS 990 filings does East End Yacht Club Incorporated have?
East End Yacht Club Incorporated 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 $683K in total revenue.
Filing History
IRS 990 filing history for East End Yacht Club Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2023), East End Yacht Club Incorporated's revenue has declined by 11.1%, moving from $627K to $557K. Total assets decreased by 46.2% over the same period, from $1.4M to $752K. Total functional expenses rose by 8.3%, from $538K to $582K. In its most recent filing year (2023), East End Yacht Club Incorporated reported a deficit of $25K, with expenses exceeding revenue. The organization holds $3K in liabilities against $752K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $749K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $557K | $582K | $752K | $3K | — | — |
| 2022 | $537K | $504K | $784K | $2K | — | View 990 |
| 2021 | $582K | $628K | $856K | $81K | — | View 990 |
| 2019 | $570K | $576K | $1.1M | $223K | — | View 990 |
| 2018 | $615K | $690K | $1.1M | $276K | — | View 990 |
| 2017 | $536K | $593K | $1.2M | $295K | — | View 990 |
| 2016 | $557K | $628K | $1.3M | $300K | — | View 990 |
| 2012 | $492K | $575K | $1.7M | $452K | — | View 990 |
| 2011 | $515K | $558K | $1.4M | $9K | — | View 990 |
| 2010 | $627K | $538K | $1.4M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $557K, expenses of $582K, and assets of $752K (revenue +3.8% year-over-year).
- 2022: Revenue of $537K, expenses of $504K, and assets of $784K (revenue -7.8% year-over-year).
- 2021: Revenue of $582K, expenses of $628K, and assets of $856K (revenue +2.2% year-over-year).
- 2019: Revenue of $570K, expenses of $576K, and assets of $1.1M (revenue -7.3% year-over-year).
- 2018: Revenue of $615K, expenses of $690K, and assets of $1.1M (revenue +14.6% year-over-year).
- 2017: Revenue of $536K, expenses of $593K, and assets of $1.2M (revenue -3.7% year-over-year).
- 2016: Revenue of $557K, expenses of $628K, and assets of $1.3M (revenue +13.3% year-over-year).
- 2012: Revenue of $492K, expenses of $575K, and assets of $1.7M (revenue -4.5% year-over-year).
- 2011: Revenue of $515K, expenses of $558K, and assets of $1.4M (revenue -17.9% year-over-year).
- 2010: Revenue of $627K, expenses of $538K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for East End Yacht Club Incorporated:
Data Sources and Methodology
This transparency report for East End Yacht Club Incorporated 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.