Gate City Harley Owners Group
Gate City Harley Owners Group operates with minimal revenue and expenses, relying entirely on volunteers.
EIN: 20508950 · Nashua, NH · NTEE: Y12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $479 |
| Program Spending | 90% |
| Net Assets | $0 |
| Transparency Score | 75/100 |
Is Gate City Harley Owners Group Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gate City Harley Owners Group directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gate City Harley Owners Group
Gate City Harley Owners Group (EIN: 20508950) is a nonprofit organization based in Nashua, NH, classified under NTEE code Y12. The organization reported total revenue of $1K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gate City Harley Owners Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gate City Harley Owners Group is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2014–2019). Revenue has grown at a compound annual rate of -21.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $479 |
| Surplus / Deficit | +$628 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 56.7% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2019, Gate City Harley Owners Group reported a surplus of $628 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 2 years of filings (2014–2019), Gate City Harley Owners Group's revenue has declined at a compound annual growth rate (CAGR) of -21.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -70.5% | -94.2% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gate City Harley Owners Group with a Mission Score of 75 out of 100 (Good). 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, Gate City Harley Owners Group 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $628, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% in both available filings, indicating that all officers serve on a volunteer basis, which is appropriate for an organization of this size and type.
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.
Red Flags
The following concerns were identified during AI analysis of Gate City Harley Owners Group's IRS 990 filings:
- Extremely low assets ($1) suggesting minimal financial reserves.
Strengths
The following positive indicators were identified for Gate City Harley Owners Group:
- 100% volunteer leadership with 0% officer compensation.
- Low overhead indicated by minimal expenses relative to revenue in the latest filing ($479 expenses on $1,107 revenue).
Frequently Asked Questions about Gate City Harley Owners Group
Is Gate City Harley Owners Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Gate City Harley Owners Group (EIN: 20508950) some concerns. Mission Score: 75/100. 1 red flag identified, 2 strengths noted.
How does Gate City Harley Owners Group spend its money?
Gate City Harley Owners Group directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gate City Harley Owners Group tax-deductible?
Gate City Harley Owners Group is registered as a tax-exempt nonprofit (EIN: 20508950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Gate City Harley Owners Group compare to similar nonprofits?
With a transparency score of 75/100 (Good), Gate City Harley Owners Group is above average for NTEE category Y12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gate City Harley Owners Group located?
Gate City Harley Owners Group is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20508950. It is classified under NTEE code Y12.
How many years of IRS 990 filings does Gate City Harley Owners Group have?
Gate City Harley Owners Group 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 $1K in total revenue.
Is Gate City Harley Owners Group a good charity?
As a social club (NTEE Y12), it's not typically evaluated as a 'charity' in the traditional sense of public benefit. Its 'goodness' would be measured by its ability to serve its members effectively, which its low expenses and volunteer leadership suggest it does efficiently for its scale.
Why are assets so low ($1)?
The reported assets of $1 in the latest filing suggest the organization holds virtually no financial reserves or significant physical assets. This could be due to its nature as a very small, member-funded social club that spends most of its income on immediate activities.
What caused the revenue decline from $3,754 to $1,107?
The filings do not provide specific reasons for the revenue decline. It could be due to fewer members, reduced membership dues, or a decrease in fundraising activities or events over the period.
Filing History
IRS 990 filing history for Gate City Harley Owners Group showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2019), Gate City Harley Owners Group's revenue has declined by 70.5%, moving from $4K to $1K. Total assets decreased by 100% over the same period, from $8K to $1. Total functional expenses fell by 94.2%, from $8K to $479. In its most recent filing year (2019), Gate City Harley Owners Group reported a surplus of $628, with revenue exceeding expenses. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1K | $479 | $1 | $1 | — | View 990 |
| 2014 | $4K | $8K | $8K | $8K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gate City Harley Owners Group:
Data Sources and Methodology
This transparency report for Gate City Harley Owners Group 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.