Eastport Yacht Club Ltd
EIN: 521198273 · Annapolis, MD
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $1.9M |
| Net Assets | $6.2M |
Is Eastport Yacht Club Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eastport Yacht Club Ltd
Eastport Yacht Club Ltd (EIN: 521198273) is a nonprofit organization based in Annapolis, MD. The organization reported total revenue of $4.1M and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastport Yacht Club Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastport Yacht Club Ltd is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$706K |
| Total Assets | $10.2M |
| Total Liabilities | $4.0M |
| Net Assets | $6.2M |
| Operating Margin | 27.2% |
| Debt-to-Asset Ratio | 39.4% |
| Months of Reserves | 65.0 months |
Financial Health Grade: A
In 2023, Eastport Yacht Club Ltd reported a surplus of $706K with revenue exceeding expenses, holds 65.0 months of operating reserves (strong position), has a debt-to-asset ratio of 39.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eastport Yacht Club Ltd's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.7% | +6.2% | +4.3% |
| 2022 | +12.0% | +3.2% | +8.8% |
| 2021 | +50.5% | +0.8% | +5.3% |
| 2020 | -14.9% | -5.2% | -1.3% |
| 2019 | -3.3% | -6.1% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eastport Yacht Club Ltd 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 Eastport Yacht Club Ltd 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 $706K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.4%.
Frequently Asked Questions about Eastport Yacht Club Ltd
Is Eastport Yacht Club Ltd a legitimate charity?
Eastport Yacht Club Ltd (EIN: 521198273) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $4.1M. No red flags identified. Financial health grade: A.
How does Eastport Yacht Club Ltd spend its money?
Eastport Yacht Club Ltd reported $4.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eastport Yacht Club Ltd tax-deductible?
Eastport Yacht Club Ltd is registered as a tax-exempt nonprofit (EIN: 521198273). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eastport Yacht Club Ltd located?
Eastport Yacht Club Ltd is headquartered in Annapolis, Maryland and files with the IRS under EIN 521198273.
How many years of IRS 990 filings does Eastport Yacht Club Ltd have?
Eastport Yacht Club Ltd has 13 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 $4.1M in total revenue.
Filing History
IRS 990 filing history for Eastport Yacht Club Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastport Yacht Club Ltd's revenue has grown by 62.2%, moving from $1.6M to $2.6M. Total assets increased by 46.5% over the same period, from $7.0M to $10.2M. Total functional expenses rose by 58.2%, from $1.2M to $1.9M. In its most recent filing year (2023), Eastport Yacht Club Ltd reported a surplus of $706K, with revenue exceeding expenses. The organization holds $4.0M in liabilities against $10.2M in assets (debt-to-asset ratio: 39.4%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $1.9M | $10.2M | $4.0M | — | — |
| 2022 | $2.7M | $1.8M | $9.8M | $4.3M | — | View 990 |
| 2021 | $2.4M | $1.7M | $9.0M | $4.4M | — | View 990 |
| 2020 | $1.6M | $1.7M | $8.6M | $4.7M | — | — |
| 2019 | $1.9M | $1.8M | $8.7M | $4.7M | — | View 990 |
| 2018 | $1.9M | $1.9M | $8.7M | $4.7M | — | View 990 |
| 2017 | $1.9M | $1.7M | $8.8M | $4.8M | — | View 990 |
| 2016 | $2.2M | $1.7M | $8.9M | $5.1M | — | View 990 |
| 2015 | $1.8M | $1.7M | $9.3M | $5.9M | — | View 990 |
| 2014 | $1.7M | $1.6M | $9.1M | $5.8M | — | View 990 |
| 2013 | $1.7M | $1.5M | $9.2M | $6.0M | — | View 990 |
| 2012 | $1.8M | $1.1M | $8.8M | $5.8M | — | View 990 |
| 2011 | $1.6M | $1.2M | $7.0M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $1.9M, and assets of $10.2M (revenue -3.7% year-over-year).
- 2022: Revenue of $2.7M, expenses of $1.8M, and assets of $9.8M (revenue +12.0% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.7M, and assets of $9.0M (revenue +50.5% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.7M, and assets of $8.6M (revenue -14.9% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $8.7M (revenue -3.3% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $8.7M (revenue +2.6% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.7M, and assets of $8.8M (revenue -13.2% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.7M, and assets of $8.9M (revenue +22.3% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $9.3M (revenue +6.6% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.6M, and assets of $9.1M (revenue -2.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.5M, and assets of $9.2M (revenue -6.8% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.1M, and assets of $8.8M (revenue +14.5% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.2M, and assets of $7.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastport Yacht Club Ltd:
Data Sources and Methodology
This transparency report for Eastport Yacht Club Ltd 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.