Greenwich Boat And Yacht Club Incorporated
EIN: 237334077 · Greenwich, CT
| Metric | Value |
|---|---|
| Total Revenue | $219K |
| Total Expenses | $188K |
| Net Assets | $763K |
Is Greenwich Boat And 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 Greenwich Boat And Yacht Club Incorporated
Greenwich Boat And Yacht Club Incorporated (EIN: 237334077) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $219K and total assets of $835K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenwich Boat And Yacht Club Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenwich Boat And Yacht Club Incorporated is a small nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $188K |
| Surplus / Deficit | +$31K |
| Total Assets | $773K |
| Total Liabilities | $11K |
| Net Assets | $763K |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 49.3 months |
Financial Health Grade: A
In 2023, Greenwich Boat And Yacht Club Incorporated reported a surplus of $31K with revenue exceeding expenses, holds 49.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Greenwich Boat And Yacht Club Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.3% | +16.0% | +81.1% |
| 2022 | +15.5% | +43.7% | -42.2% |
| 2021 | +160.6% | — | +73942900.0% |
| 2019 | -53.0% | -100.0% | -100.0% |
| 2018 | -2.5% | -2.3% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greenwich Boat And 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 Greenwich Boat And 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 surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Greenwich Boat And Yacht Club Incorporated
Is Greenwich Boat And Yacht Club Incorporated a legitimate charity?
Greenwich Boat And Yacht Club Incorporated (EIN: 237334077) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $219K. No red flags identified. Financial health grade: A.
How does Greenwich Boat And Yacht Club Incorporated spend its money?
Greenwich Boat And Yacht Club Incorporated reported $219K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greenwich Boat And Yacht Club Incorporated tax-deductible?
Greenwich Boat And Yacht Club Incorporated is registered as a tax-exempt nonprofit (EIN: 237334077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greenwich Boat And Yacht Club Incorporated located?
Greenwich Boat And Yacht Club Incorporated is headquartered in Greenwich, Connecticut and files with the IRS under EIN 237334077.
How many years of IRS 990 filings does Greenwich Boat And Yacht Club Incorporated have?
Greenwich Boat And Yacht Club Incorporated has 12 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 $219K in total revenue.
Filing History
IRS 990 filing history for Greenwich Boat And Yacht Club Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Greenwich Boat And Yacht Club Incorporated's revenue has grown by 22.8%, moving from $178K to $219K. Total assets increased by 230.3% over the same period, from $234K to $773K. Total functional expenses rose by 110.3%, from $90K to $188K. In its most recent filing year (2023), Greenwich Boat And Yacht Club Incorporated reported a surplus of $31K, with revenue exceeding expenses. The organization holds $11K in liabilities against $773K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $763K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $188K | $773K | $11K | — | — |
| 2022 | $188K | $162K | $427K | $7K | — | View 990 |
| 2021 | $163K | $113K | $739K | $0 | — | View 990 |
| 2019 | $63K | $0 | $1 | $0 | — | View 990 |
| 2018 | $133K | $135K | $429K | $0 | — | View 990 |
| 2017 | $136K | $138K | $431K | $0 | — | View 990 |
| 2016 | $156K | $125K | $432K | $0 | — | View 990 |
| 2015 | $181K | $167K | $401K | $0 | — | View 990 |
| 2014 | $0 | $142K | $390K | $0 | — | View 990 |
| 2013 | $369K | $250K | $313K | $0 | — | View 990 |
| 2012 | $175K | $123K | $287K | $0 | — | View 990 |
| 2011 | $178K | $90K | $234K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $188K, and assets of $773K (revenue +16.3% year-over-year).
- 2022: Revenue of $188K, expenses of $162K, and assets of $427K (revenue +15.5% year-over-year).
- 2021: Revenue of $163K, expenses of $113K, and assets of $739K (revenue +160.6% year-over-year).
- 2019: Revenue of $63K, expenses of $0, and assets of $1 (revenue -53.0% year-over-year).
- 2018: Revenue of $133K, expenses of $135K, and assets of $429K (revenue -2.5% year-over-year).
- 2017: Revenue of $136K, expenses of $138K, and assets of $431K (revenue -12.4% year-over-year).
- 2016: Revenue of $156K, expenses of $125K, and assets of $432K (revenue -14.0% year-over-year).
- 2015: Revenue of $181K, expenses of $167K, and assets of $401K.
- 2014: Revenue of $0, expenses of $142K, and assets of $390K (revenue -100.0% year-over-year).
- 2013: Revenue of $369K, expenses of $250K, and assets of $313K (revenue +110.1% year-over-year).
- 2012: Revenue of $175K, expenses of $123K, and assets of $287K (revenue -1.7% year-over-year).
- 2011: Revenue of $178K, expenses of $90K, and assets of $234K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenwich Boat And Yacht Club Incorporated:
Data Sources and Methodology
This transparency report for Greenwich Boat And 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.