Huntington Yacht Club
Huntington Yacht Club maintains stable operations with growing assets but significant liabilities.
EIN: 110900170 · Halesite, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.3M |
| Program Spending | 80% |
| Net Assets | $551K |
| Transparency Score | 70/100 |
Is Huntington Yacht Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Huntington Yacht Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Huntington Yacht Club
Huntington Yacht Club (EIN: 110900170) is a nonprofit organization based in Halesite, NY. The organization reported total revenue of $3.4M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huntington Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huntington Yacht Club is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$255K |
| Total Assets | $3.8M |
| Total Liabilities | $3.3M |
| Net Assets | $551K |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 85.7% |
| Months of Reserves | 20.1 months |
Financial Health Grade: A
In 2023, Huntington Yacht Club reported a surplus of $255K with revenue exceeding expenses, holds 20.1 months of operating reserves (strong position), has a debt-to-asset ratio of 85.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Huntington Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +1.5% | -10.5% |
| 2022 | +11.9% | +26.8% | +5.6% |
| 2021 | +31.0% | +6.6% | +7.3% |
| 2020 | -23.1% | -16.0% | +1.7% |
| 2019 | -1.5% | -4.8% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Huntington Yacht Club with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Huntington Yacht Club 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 surplus of $255K, with revenue exceeding expenses.
- Debt-to-asset ratio: 85.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through means not classified as officer compensation on the 990, which is a positive for minimizing administrative overhead.
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 Huntington Yacht Club's IRS 990 filings:
- High liabilities relative to assets (e.g., $3,298,106 in liabilities vs. $3,848,677 in assets in 2023), which could indicate significant debt or other financial obligations.
Strengths
The following positive indicators were identified for Huntington Yacht Club:
- Consistent revenue generation, with revenues generally exceeding expenses in recent years (e.g., $2,554,006 revenue vs. $2,299,122 expenses in 2023).
- Growing asset base over the past decade, from $2,843,735 in 2014 to $3,848,677 in 2023.
- No reported officer compensation, suggesting a volunteer-driven leadership or highly efficient administrative cost structure.
Frequently Asked Questions about Huntington Yacht Club
Is Huntington Yacht Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Huntington Yacht Club (EIN: 110900170) some concerns. Mission Score: 70/100. 1 red flag identified, 3 strengths noted.
How does Huntington Yacht Club spend its money?
Huntington Yacht Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Huntington Yacht Club tax-deductible?
Huntington Yacht Club is registered as a tax-exempt nonprofit (EIN: 110900170). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Huntington Yacht Club's spending goes to programs?
Huntington Yacht Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Huntington Yacht Club located?
Huntington Yacht Club is headquartered in Halesite, New York and files with the IRS under EIN 110900170.
How many years of IRS 990 filings does Huntington Yacht Club have?
Huntington Yacht Club 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 $3.4M in total revenue.
What is the nature of the significant liabilities reported by the Huntington Yacht Club?
The IRS 990 filings show liabilities consistently ranging from $2.09 million to $3.29 million. Understanding if these are primarily related to mortgages, capital improvements, or operational debt is crucial for a complete financial picture.
How does the Huntington Yacht Club generate its revenue?
While total revenue is reported, the specific breakdown of revenue sources (e.g., membership dues, event fees, donations) is not detailed in the provided summary, which would offer insight into its financial sustainability.
What are the primary program activities of the Huntington Yacht Club?
Given its name, it's likely related to boating and social activities for members. A clearer understanding of its program services would help assess its impact and alignment with its tax-exempt status.
Filing History
IRS 990 filing history for Huntington Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Huntington Yacht Club's revenue has grown by 23.4%, moving from $2.1M to $2.6M. Total assets increased by 19.9% over the same period, from $3.2M to $3.8M. Total functional expenses rose by 5.4%, from $2.2M to $2.3M. In its most recent filing year (2023), Huntington Yacht Club reported a surplus of $255K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $3.8M in assets (debt-to-asset ratio: 85.7%), resulting in net assets of $551K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.3M | $3.8M | $3.3M | — | — |
| 2022 | $2.5M | $2.3M | $4.3M | $2.7M | — | View 990 |
| 2021 | $2.2M | $1.8M | $4.1M | $2.7M | — | View 990 |
| 2020 | $1.7M | $1.7M | $3.8M | $2.9M | — | View 990 |
| 2019 | $2.2M | $2.0M | $3.7M | $2.8M | — | — |
| 2018 | $2.2M | $2.1M | $3.8M | $3.0M | — | View 990 |
| 2017 | $2.1M | $2.0M | $3.4M | $2.8M | — | View 990 |
| 2016 | $1.9M | $1.9M | $3.2M | $2.6M | — | View 990 |
| 2015 | $2.0M | $2.1M | $2.9M | $2.2M | — | View 990 |
| 2014 | $2.1M | $2.2M | $2.8M | $2.1M | — | View 990 |
| 2013 | $2.2M | $2.2M | $3.1M | $2.2M | — | View 990 |
| 2012 | $2.1M | $2.2M | $3.1M | $2.3M | — | View 990 |
| 2011 | $2.1M | $2.2M | $3.2M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.3M, and assets of $3.8M (revenue +4.1% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.3M, and assets of $4.3M (revenue +11.9% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.8M, and assets of $4.1M (revenue +31.0% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $3.8M (revenue -23.1% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.0M, and assets of $3.7M (revenue -1.5% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.1M, and assets of $3.8M (revenue +4.7% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.0M, and assets of $3.4M (revenue +13.8% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $3.2M (revenue -6.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $2.9M (revenue -5.2% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.2M, and assets of $2.8M (revenue -6.3% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.2M, and assets of $3.1M (revenue +4.2% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.2M, and assets of $3.1M (revenue +3.7% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.2M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huntington Yacht Club:
Data Sources and Methodology
This transparency report for Huntington Yacht Club 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.