Nansen Ski Club Inc
Nansen Ski Club Inc shows strong asset growth and zero officer compensation amidst fluctuating revenues.
EIN: 20405091 · Berlin, NH · NTEE: C50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $73K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $716,838. |
| Net Assets | $659K |
| Transparency Score | 92/100 |
Is Nansen Ski Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nansen Ski Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nansen Ski Club Inc
Nansen Ski Club Inc (EIN: 20405091) is a nonprofit organization based in Berlin, NH, classified under NTEE code C50. The organization reported total revenue of $164K and total assets of $717K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nansen Ski Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nansen Ski Club Inc is a small nonprofit that has been operating for 15 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 42.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $73K |
| Surplus / Deficit | +$55K |
| Total Assets | $659K |
| Net Assets | $659K |
| Operating Margin | 43.3% |
| Months of Reserves | 109.0 months |
Financial Health Grade: A
In 2023, Nansen Ski Club Inc reported a surplus of $55K with revenue exceeding expenses, holds 109.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Nansen Ski Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 42.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -72.1% | +85.5% | +8.9% |
| 2022 | +631.3% | +94.7% | +249.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Nansen Ski Club Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Nansen Ski Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $55K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for a nonprofit of this size with current assets of $716,838.
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 Nansen Ski Club Inc's IRS 990 filings:
- Significant revenue fluctuations year-over-year, which could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Nansen Ski Club Inc:
- Zero reported liabilities across all filings.
- Consistent and strong asset growth from $173,277 in 2021 to $716,838 currently.
- 0% officer compensation, indicating volunteer leadership or highly efficient use of funds.
- Low expense ratios relative to revenue, suggesting efficient operations.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Nansen Ski Club Inc
Is Nansen Ski Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nansen Ski Club Inc (EIN: 20405091) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Nansen Ski Club Inc spend its money?
Nansen Ski Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nansen Ski Club Inc tax-deductible?
Nansen Ski Club Inc is registered as a tax-exempt nonprofit (EIN: 20405091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nansen Ski Club Inc CEO make?
Nansen Ski Club Inc's highest-compensated officer earns $716,838. annually. The organization reported $164K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nansen Ski Club Inc's spending goes to programs?
Nansen Ski Club Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nansen Ski Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Nansen Ski Club Inc is above average for NTEE category C50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nansen Ski Club Inc located?
Nansen Ski Club Inc is headquartered in Berlin, New Hampshire and files with the IRS under EIN 20405091. It is classified under NTEE code C50.
How many years of IRS 990 filings does Nansen Ski Club Inc have?
Nansen Ski Club Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $164K in total revenue.
Is Nansen Ski Club Inc a good charity?
Based on the provided data, Nansen Ski Club Inc appears to be a very good charity. It has no liabilities, a strong and growing asset base, and reports 0% officer compensation, indicating that funds are likely directed towards its mission rather than administrative salaries. Its program efficiency seems high given the low expense ratios relative to revenue.
How does Nansen Ski Club Inc manage its expenses?
Nansen Ski Club Inc manages its expenses very efficiently. For example, in 2022, with revenue of $459,263, expenses were only $39,115, demonstrating a very low overhead. Even in 2023, expenses of $72,540 were well below the $128,017 in revenue, allowing for asset accumulation.
What is the trend in Nansen Ski Club Inc's assets?
The organization's assets have shown a strong upward trend, growing from $173,277 in 2021 to $658,615 in 2023, and currently standing at $716,838. This consistent growth, coupled with zero liabilities, indicates excellent financial stewardship and stability.
Filing History
IRS 990 filing history for Nansen Ski Club Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Nansen Ski Club Inc's revenue has grown by 103.9%, moving from $63K to $128K. Total assets increased by 280.1% over the same period, from $173K to $659K. Total functional expenses rose by 261.1%, from $20K to $73K. In its most recent filing year (2023), Nansen Ski Club Inc reported a surplus of $55K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $73K | $659K | $0 | — | View 990 |
| 2022 | $459K | $39K | $605K | $0 | — | View 990 |
| 2021 | $63K | $20K | $173K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $73K, and assets of $659K (revenue -72.1% year-over-year).
- 2022: Revenue of $459K, expenses of $39K, and assets of $605K (revenue +631.3% year-over-year).
- 2021: Revenue of $63K, expenses of $20K, and assets of $173K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nansen Ski Club Inc:
Data Sources and Methodology
This transparency report for Nansen Ski 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.