Massasoit Gun Club Inc
Massasoit Gun Club: Stable Finances, Limited Public Mission Details
EIN: 223042315 · E Providence, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $284K |
| Total Expenses | $145K |
| Program Spending | 70% |
| Net Assets | $604K |
| Transparency Score | 40/100 |
Is Massasoit Gun Club Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massasoit Gun Club Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Massasoit Gun Club Inc
Massasoit Gun Club Inc (EIN: 223042315) is a nonprofit organization based in E Providence, RI. The organization reported total revenue of $284K and total assets of $894K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massasoit Gun Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massasoit Gun Club Inc is a small nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $145K |
| Surplus / Deficit | +$10K |
| Total Assets | $794K |
| Total Liabilities | $190K |
| Net Assets | $604K |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 24.0% |
| Months of Reserves | 65.5 months |
Financial Health Grade: A
In 2024, Massasoit Gun Club Inc reported a surplus of $10K with revenue exceeding expenses, holds 65.5 months of operating reserves (strong position), has a debt-to-asset ratio of 24.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Massasoit Gun Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -3.3% | +5.8% | +0.2% |
| 2023 | +16.6% | +7.0% | +1.8% |
| 2022 | -8.8% | +2.7% | +0.3% |
| 2021 | +14.3% | +9.7% | +2.3% |
| 2020 | +4.3% | +3.6% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Massasoit Gun Club Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Massasoit Gun Club Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.0%.
Executive Compensation Analysis
Executive compensation information is not available in the provided data, preventing an assessment.
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 Massasoit Gun Club Inc's IRS 990 filings:
- The organization's 'nt' (nonprofit type) is listed as '?', indicating a lack of clear mission or operational category.
- Despite consistent revenue, there's no clear breakdown of how expenses translate into specific programmatic impact.
- The name 'Gun Club' suggests a specific activity, but the filings lack details on community benefit or public programs.
Strengths
The following positive indicators were identified for Massasoit Gun Club Inc:
- Consistent revenue and expense patterns demonstrate financial predictability and stability over many years.
- Steady growth in assets from $738,465 to $894,202 indicates sound financial management and accumulation of resources.
- Low liabilities relative to assets suggest a healthy balance sheet.
Frequently Asked Questions about Massasoit Gun Club Inc
Is Massasoit Gun Club Inc a legitimate charity?
Massasoit Gun Club Inc (EIN: 223042315) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 40/100. It has 14 years of IRS 990 filings on record. Total revenue: $284K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Massasoit Gun Club Inc spend its money?
Massasoit Gun Club Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Massasoit Gun Club Inc tax-deductible?
Massasoit Gun Club Inc is registered as a tax-exempt nonprofit (EIN: 223042315). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Massasoit Gun Club Inc's spending goes to programs?
Massasoit Gun Club Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Massasoit Gun Club Inc located?
Massasoit Gun Club Inc is headquartered in E Providence, Rhode Island and files with the IRS under EIN 223042315.
How many years of IRS 990 filings does Massasoit Gun Club Inc have?
Massasoit Gun Club Inc has 14 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 $284K in total revenue.
What does Massasoit Gun Club Inc do?
Massasoit Gun Club Inc is a nonprofit organization in the Unknown sector, located in E Providence, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Massasoit Gun Club Inc have?
Massasoit Gun Club Inc reported total revenue of $284,056. Based on 14 IRS 990 filings on record.
What are Massasoit Gun Club Inc's total assets?
Massasoit Gun Club Inc holds total assets of $894,202 as reported in IRS 990 filings.
Where is Massasoit Gun Club Inc located?
Massasoit Gun Club Inc is based in E Providence, Rhode Island.
What is Massasoit Gun Club Inc's EIN?
Massasoit Gun Club Inc's Employer Identification Number (EIN) is 223042315. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Massasoit Gun Club Inc?
Massasoit Gun Club Inc is classified under NTEE code Unknown (Unknown).
Is Massasoit Gun Club Inc a registered 501(c)(3)?
Massasoit Gun Club Inc appears in IRS records (EIN: 223042315). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Massasoit Gun Club Inc file IRS Form 990?
Yes, Massasoit Gun Club Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202409.
What was Massasoit Gun Club Inc's revenue in 2024?
In the 202409 filing period, Massasoit Gun Club Inc reported total revenue of $155,806, total expenses of $145,388, and net assets of $793,677.
Is Massasoit Gun Club Inc's revenue growing or declining?
Massasoit Gun Club Inc's revenue is relatively stable. Revenue went from $161,202 (202309) to $155,806 (202409), a -3.3% change. Based on 14 filings on record.
What is Massasoit Gun Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Massasoit Gun Club Inc covers tax period 202409. It shows revenue of $155,806, expenses of $145,388, total assets of $793,677, and liabilities of $190,142.
How much does Massasoit Gun Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Massasoit Gun Club Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Massasoit Gun Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Massasoit Gun Club Inc shows mixed signals. Mission Score: 40/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for Massasoit Gun Club Inc?
The following concerns were identified: The organization's 'nt' (nonprofit type) is listed as '?', indicating a lack of clear mission or operational category.. Despite consistent revenue, there's no clear breakdown of how expenses translate into specific programmatic impact.. The name 'Gun Club' suggests a specific activity, but the filings lack details on community benefit or public programs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Massasoit Gun Club Inc's strengths?
Positive indicators for Massasoit Gun Club Inc include: Consistent revenue and expense patterns demonstrate financial predictability and stability over many years.. Steady growth in assets from $738,465 to $894,202 indicates sound financial management and accumulation of resources.. Low liabilities relative to assets suggest a healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does Massasoit Gun Club Inc compensate executives?
Executive compensation information is not available in the provided data, preventing an assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent financial performance and asset growth, what specific activities or community benefits does the Massasoit Gun Club Inc. provide to justify its nonprofit status?
The provided data, which is primarily financial, does not detail specific programmatic activities or community benefits. Further investigation into their operational reports or public statements would be necessary to understand their nonprofit mission beyond financial stability.
How does the organization allocate its expenses between direct club operations, community outreach, or educational programs, if any?
The financial data only provides total expenses (e.g., $145,388 in 2024) without a detailed breakdown into program, administrative, or fundraising categories. Without this granular detail, it's impossible to assess expense allocation for specific activities.
Filing History
IRS 990 filing history for Massasoit Gun Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Massasoit Gun Club Inc's revenue has grown by 80.7%, moving from $86K to $156K. Total assets increased by 138.4% over the same period, from $333K to $794K. Total functional expenses rose by 106.1%, from $71K to $145K. In its most recent filing year (2024), Massasoit Gun Club Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $190K in liabilities against $794K in assets (debt-to-asset ratio: 24.0%), resulting in net assets of $604K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $156K | $145K | $794K | $190K | — | — |
| 2023 | $161K | $137K | $792K | $199K | — | View 990 |
| 2022 | $138K | $128K | $778K | $209K | — | View 990 |
| 2021 | $152K | $125K | $776K | $216K | — | — |
| 2020 | $133K | $114K | $758K | $225K | — | — |
| 2019 | $127K | $110K | $748K | $233K | — | View 990 |
| 2018 | $128K | $123K | $738K | $241K | — | View 990 |
| 2017 | $125K | $104K | $740K | $249K | — | View 990 |
| 2016 | $121K | $102K | $471K | $70 | — | View 990 |
| 2015 | $100K | $94K | $451K | $70 | — | View 990 |
| 2014 | $101K | $86K | $445K | $70 | — | View 990 |
| 2013 | $123K | $66K | $431K | $70 | — | View 990 |
| 2012 | $104K | $64K | $373K | $70 | — | View 990 |
| 2011 | $86K | $71K | $333K | $70 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $156K, expenses of $145K, and assets of $794K (revenue -3.3% year-over-year).
- 2023: Revenue of $161K, expenses of $137K, and assets of $792K (revenue +16.6% year-over-year).
- 2022: Revenue of $138K, expenses of $128K, and assets of $778K (revenue -8.8% year-over-year).
- 2021: Revenue of $152K, expenses of $125K, and assets of $776K (revenue +14.3% year-over-year).
- 2020: Revenue of $133K, expenses of $114K, and assets of $758K (revenue +4.3% year-over-year).
- 2019: Revenue of $127K, expenses of $110K, and assets of $748K (revenue -1.0% year-over-year).
- 2018: Revenue of $128K, expenses of $123K, and assets of $738K (revenue +2.6% year-over-year).
- 2017: Revenue of $125K, expenses of $104K, and assets of $740K (revenue +3.3% year-over-year).
- 2016: Revenue of $121K, expenses of $102K, and assets of $471K (revenue +20.9% year-over-year).
- 2015: Revenue of $100K, expenses of $94K, and assets of $451K (revenue -0.6% year-over-year).
- 2014: Revenue of $101K, expenses of $86K, and assets of $445K (revenue -18.0% year-over-year).
- 2013: Revenue of $123K, expenses of $66K, and assets of $431K (revenue +17.7% year-over-year).
- 2012: Revenue of $104K, expenses of $64K, and assets of $373K (revenue +21.2% year-over-year).
- 2011: Revenue of $86K, expenses of $71K, and assets of $333K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massasoit Gun Club Inc:
Data Sources and Methodology
This transparency report for Massasoit Gun 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.