Gipsy Trail Club Inc
Gipsy Trail Club Inc. maintains strong asset growth and consistent financial stability with no reported officer compensation.
EIN: 140694810 · Carmel, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.3M |
| Program Spending | 80% |
| Net Assets | $10.1M |
| Transparency Score | 85/100 |
Is Gipsy Trail Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gipsy Trail Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gipsy Trail Club Inc
Gipsy Trail Club Inc (EIN: 140694810) is a nonprofit organization based in Carmel, NY. The organization reported total revenue of $3.8M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gipsy Trail Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gipsy Trail Club Inc is a mid-size nonprofit that has been operating for 74 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-8,044 |
| Total Assets | $10.7M |
| Total Liabilities | $573K |
| Net Assets | $10.1M |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 38.7 months |
Financial Health Grade: B
In 2023, Gipsy Trail Club Inc reported a deficit of $8K with expenses exceeding revenue, holds 38.7 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gipsy Trail Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.4% | +14.1% | -5.7% |
| 2022 | +8.5% | -2.2% | +4.8% |
| 2021 | +19.7% | +23.8% | +7.4% |
| 2020 | +8.3% | +5.1% | +1.0% |
| 2019 | +2.1% | +0.9% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1952 |
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 Gipsy Trail Club Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gipsy Trail Club Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting a volunteer-led executive team or that compensation is categorized differently, which is a positive indicator for resource allocation relative to the organization's size and revenue.
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 Gipsy Trail Club Inc's IRS 990 filings:
- NTEE code is unknown, making it difficult to benchmark against similar organizations or understand specific mission focus.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits a precise assessment of spending efficiency.
Strengths
The following positive indicators were identified for Gipsy Trail Club Inc:
- Consistent asset growth, from $9,004,358 in 201503 to $10,952,712 currently, indicating strong financial stewardship.
- Generally operates with a surplus, demonstrating sound financial management and sustainability.
- No reported officer compensation across all filings, suggesting efficient use of funds or a volunteer-driven leadership.
- Significant reduction in liabilities from $1,903,509 in 201403 to $572,574 in 202303, improving financial stability.
Frequently Asked Questions about Gipsy Trail Club Inc
Is Gipsy Trail Club Inc a legitimate charity?
Gipsy Trail Club Inc (EIN: 140694810) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Gipsy Trail Club Inc spend its money?
Gipsy Trail Club Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gipsy Trail Club Inc tax-deductible?
Gipsy Trail Club Inc is registered as a tax-exempt nonprofit (EIN: 140694810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gipsy Trail Club Inc's spending goes to programs?
Gipsy Trail Club Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Gipsy Trail Club Inc located?
Gipsy Trail Club Inc is headquartered in Carmel, New York and files with the IRS under EIN 140694810.
How many years of IRS 990 filings does Gipsy Trail Club Inc have?
Gipsy Trail Club Inc 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 $3.8M in total revenue.
What are the specific program activities of Gipsy Trail Club Inc.?
The provided IRS 990 data does not specify the program activities of Gipsy Trail Club Inc., as its NTEE code is unknown. Further investigation into their mission statement or website would be necessary to understand their core programs.
How does Gipsy Trail Club Inc. manage its liabilities?
Liabilities have fluctuated, reaching a high of $1,903,509 in 201403 and decreasing to $572,574 in 202303. This trend suggests effective management and reduction of financial obligations over time, contributing to a healthier balance sheet.
Is the 0% officer compensation truly indicative of no executive pay?
While the filings consistently report 0% officer compensation, it's possible that executive salaries are reported under other expense categories (e.g., salaries and wages for employees) rather than specifically as 'officer compensation.' Further detail from the full 990 form would clarify this.
What caused the slight deficit in the 202303 fiscal period?
In 202303, expenses ($3,309,154) slightly exceeded revenue ($3,301,110). The specific reasons for this minor deficit are not detailed in the provided summary data, but it does not appear to significantly impact the organization's overall strong financial health given its substantial assets.
Filing History
IRS 990 filing history for Gipsy Trail Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gipsy Trail Club Inc's revenue has grown by 56%, moving from $2.1M to $3.3M. Total assets increased by 58.3% over the same period, from $6.7M to $10.7M. Total functional expenses rose by 65.8%, from $2.0M to $3.3M. In its most recent filing year (2023), Gipsy Trail Club Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $573K in liabilities against $10.7M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $10.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.3M | $10.7M | $573K | — | View 990 |
| 2022 | $3.6M | $2.9M | $11.3M | $1.2M | — | View 990 |
| 2021 | $3.3M | $3.0M | $10.8M | $1.4M | — | — |
| 2020 | $2.8M | $2.4M | $10.0M | $1.0M | — | — |
| 2019 | $2.6M | $2.3M | $10.0M | $1.3M | — | View 990 |
| 2018 | $2.5M | $2.3M | $9.5M | $1.1M | — | View 990 |
| 2017 | $2.6M | $2.2M | $9.4M | $1.2M | — | View 990 |
| 2016 | $2.5M | $2.2M | $9.2M | $1.4M | — | View 990 |
| 2015 | $2.3M | $2.2M | $9.0M | $1.6M | — | View 990 |
| 2014 | $2.3M | $2.2M | $9.2M | $1.9M | — | View 990 |
| 2013 | $3.4M | $2.1M | $8.5M | $1.4M | — | View 990 |
| 2012 | $2.3M | $2.0M | $7.0M | $1.2M | — | View 990 |
| 2011 | $2.1M | $2.0M | $6.7M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.3M, and assets of $10.7M (revenue -8.4% year-over-year).
- 2022: Revenue of $3.6M, expenses of $2.9M, and assets of $11.3M (revenue +8.5% year-over-year).
- 2021: Revenue of $3.3M, expenses of $3.0M, and assets of $10.8M (revenue +19.7% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.4M, and assets of $10.0M (revenue +8.3% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.3M, and assets of $10.0M (revenue +2.1% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.3M, and assets of $9.5M (revenue -1.8% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.2M, and assets of $9.4M (revenue +0.8% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.2M, and assets of $9.2M (revenue +7.8% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $9.0M (revenue +0.1% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $9.2M (revenue -31.9% year-over-year).
- 2013: Revenue of $3.4M, expenses of $2.1M, and assets of $8.5M (revenue +51.8% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.0M, and assets of $7.0M (revenue +7.3% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.0M, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gipsy Trail Club Inc:
Data Sources and Methodology
This transparency report for Gipsy Trail 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.