Lucerne Beach Club
Lucerne Beach Club shows consistent historical surpluses but no recent financial activity.
EIN: 10263661 · Holden, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $50K |
| Program Spending | 90% |
| Net Assets | $23K |
| Transparency Score | 85/100 |
Is Lucerne Beach Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lucerne Beach Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lucerne Beach Club
Lucerne Beach Club (EIN: 10263661) is a nonprofit organization based in Holden, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lucerne Beach Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lucerne Beach Club is a micro nonprofit that has been operating for 37 years, with 3 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $50K |
| Surplus / Deficit | +$10K |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | 16.9% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2019, Lucerne Beach Club reported a surplus of $10K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2011–2019), Lucerne Beach Club's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +28.9% | +17.1% | -21.1% |
| 2012 | +2.7% | +8.3% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Lucerne Beach Club 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Lucerne Beach Club 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 $10K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all available filings, indicating a volunteer-led structure and efficient use of funds for its mission rather than executive salaries.
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 Lucerne Beach Club's IRS 990 filings:
- No reported revenue or assets in the latest data point, suggesting potential inactivity or cessation of operations.
- NTEE code is unknown, making it difficult to assess its specific charitable purpose.
Strengths
The following positive indicators were identified for Lucerne Beach Club:
- Consistent historical surpluses, indicating sound financial management.
- Zero reported liabilities across all filings, demonstrating financial stability.
- 0% officer compensation, suggesting a volunteer-driven model and efficient use of funds.
- Historically low administrative overhead, with most expenses likely directed towards programs.
Frequently Asked Questions about Lucerne Beach Club
Is Lucerne Beach Club a legitimate charity?
Lucerne Beach Club (EIN: 10263661) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 3 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Lucerne Beach Club spend its money?
Lucerne Beach Club directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lucerne Beach Club tax-deductible?
Lucerne Beach Club is registered as a tax-exempt nonprofit (EIN: 10263661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lucerne Beach Club located?
Lucerne Beach Club is headquartered in Holden, Maine and files with the IRS under EIN 10263661.
How many years of IRS 990 filings does Lucerne Beach Club have?
Lucerne Beach Club has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Lucerne Beach Club still operational given the $0 revenue and assets in the latest data?
The provided data shows $0 revenue and assets for the latest period, which is a significant change from previous years. This suggests the organization may no longer be active or has not filed recent financial data.
What is the specific mission or program activities of Lucerne Beach Club?
Based solely on the financial data, the specific mission or program activities cannot be determined. The NTEE code is unknown, and no program expense details are provided beyond the total expenses.
How does Lucerne Beach Club manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation strongly suggests that the organization is run by volunteers, which is common for small community clubs and can lead to higher efficiency in program delivery.
Filing History
IRS 990 filing history for Lucerne Beach Club showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2019), Lucerne Beach Club's revenue has grown by 32.3%, moving from $45K to $60K. Total assets decreased by 8.7% over the same period, from $25K to $23K. Total functional expenses rose by 26.8%, from $39K to $50K. In its most recent filing year (2019), Lucerne Beach Club reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $60K | $50K | $23K | $0 | — | — |
| 2012 | $47K | $43K | $29K | $0 | — | View 990 |
| 2011 | $45K | $39K | $25K | $0 | — | — |
Year-by-Year Financial Summary
- 2019: Revenue of $60K, expenses of $50K, and assets of $23K (revenue +28.9% year-over-year).
- 2012: Revenue of $47K, expenses of $43K, and assets of $29K (revenue +2.7% year-over-year).
- 2011: Revenue of $45K, expenses of $39K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lucerne Beach Club:
Data Sources and Methodology
This transparency report for Lucerne Beach 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.