New Haven Ski Club Inc
New Haven Ski Club: Erratic Revenue, Minimal Program Spending
EIN: 223070719 · Bridgeport, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $281K |
| Total Expenses | $242K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $70K |
| Transparency Score | 30/100 |
Is New Haven Ski Club Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Haven Ski Club Inc
New Haven Ski Club Inc (EIN: 223070719) is a nonprofit organization based in Bridgeport, CT. The organization reported total revenue of $281K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Haven Ski Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Haven Ski Club Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $246K |
| Total Expenses | $242K |
| Surplus / Deficit | +$4K |
| Total Assets | $76K |
| Total Liabilities | $6K |
| Net Assets | $70K |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, New Haven Ski Club Inc reported a surplus of $4K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Haven Ski Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -264.4% | -62.5% | -5.7% |
| 2021 | -89.4% | -18.2% | +-0.0% |
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 New Haven Ski Club Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, New Haven Ski Club Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Executive Compensation Analysis
Executive compensation is not a concern as the organization consistently reports $0 in compensation for officers, directors, trustees, and key employees.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Haven Ski Club Inc's IRS 990 filings:
- Zero program service expenses reported in 202305, 202205, 202105, 202005, 201905, 201805, 201705, and 201605, raising questions about charitable activities.
- Significant revenue fluctuations, including negative revenue in 202205 ($-4,333) and 201905 ($-5,888), suggest financial instability.
- Total expenses in 202305 were $242,124, while program service expenses were $0, indicating all spending was on administration or fundraising (which is also $0).
Strengths
The following positive indicators were identified for New Haven Ski Club Inc:
- The organization consistently reports no compensation for officers, directors, trustees, or key employees, suggesting a volunteer-run structure.
- Despite erratic revenue, the organization has maintained positive net assets, reaching $76,068 in 202305.
Frequently Asked Questions about New Haven Ski Club Inc
Is New Haven Ski Club Inc a legitimate charity?
New Haven Ski Club Inc (EIN: 223070719) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 30/100. It has 13 years of IRS 990 filings on record. Total revenue: $281K. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does New Haven Ski Club Inc spend its money?
New Haven Ski Club Inc reported $281K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Haven Ski Club Inc tax-deductible?
New Haven Ski Club Inc is registered as a tax-exempt nonprofit (EIN: 223070719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Haven Ski Club Inc CEO make?
New Haven Ski Club Inc's highest-compensated officer earns $0 annually. The organization reported $281K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is New Haven Ski Club Inc located?
New Haven Ski Club Inc is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 223070719.
How many years of IRS 990 filings does New Haven Ski Club Inc have?
New Haven Ski Club Inc 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 $281K in total revenue.
What does New Haven Ski Club Inc do?
New Haven Ski Club Inc is a nonprofit organization in the Unknown sector, located in Bridgeport, Connecticut. It is classified under NTEE code Unknown.
How much revenue does New Haven Ski Club Inc have?
New Haven Ski Club Inc reported total revenue of $281,171. Based on 13 IRS 990 filings on record.
What are New Haven Ski Club Inc's total assets?
New Haven Ski Club Inc holds total assets of $78,148 as reported in IRS 990 filings.
Where is New Haven Ski Club Inc located?
New Haven Ski Club Inc is based in Bridgeport, Connecticut.
What is New Haven Ski Club Inc's EIN?
New Haven Ski Club Inc's Employer Identification Number (EIN) is 223070719. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Haven Ski Club Inc?
New Haven Ski Club Inc is classified under NTEE code Unknown (Unknown).
Is New Haven Ski Club Inc a registered 501(c)(3)?
New Haven Ski Club Inc appears in IRS records (EIN: 223070719). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Haven Ski Club Inc file IRS Form 990?
Yes, New Haven Ski Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was New Haven Ski Club Inc's revenue in 2023?
In the 202305 filing period, New Haven Ski Club Inc reported total revenue of $246,102, total expenses of $242,124, and net assets of $76,068.
Is New Haven Ski Club Inc's revenue growing or declining?
New Haven Ski Club Inc's revenue is relatively stable. Revenue went from $-4,333 (202205) to $246,102 (202305), a 0.0% change. Based on 13 filings on record.
What is New Haven Ski Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Haven Ski Club Inc covers tax period 202305. It shows revenue of $246,102, expenses of $242,124, total assets of $76,068, and liabilities of $5,606.
Is New Haven Ski Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Haven Ski Club Inc has notable concerns. Mission Score: 30/100 (Poor). 3 red flags identified. 2 strengths noted.
What are the red flags for New Haven Ski Club Inc?
The following concerns were identified: Zero program service expenses reported in 202305, 202205, 202105, 202005, 201905, 201805, 201705, and 201605, raising questions about charitable activities.. Significant revenue fluctuations, including negative revenue in 202205 ($-4,333) and 201905 ($-5,888), suggest financial instability.. Total expenses in 202305 were $242,124, while program service expenses were $0, indicating all spending was on administration or fundraising (which is also $0).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Haven Ski Club Inc's strengths?
Positive indicators for New Haven Ski Club Inc include: The organization consistently reports no compensation for officers, directors, trustees, or key employees, suggesting a volunteer-run structure.. Despite erratic revenue, the organization has maintained positive net assets, reaching $76,068 in 202305.. These findings are derived from AI analysis of the organization's financial filings.
How does New Haven Ski Club Inc compensate executives?
Executive compensation is not a concern as the organization consistently reports $0 in compensation for officers, directors, trustees, and key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 in program service expenses across all available filings, what specific activities does the New Haven Ski Club Inc. undertake to fulfill its mission?
The filings do not provide details on specific program activities. The consistent $0 in program service expenses suggests that any mission-related activities are either not incurring direct costs or are being miscategorized within administrative expenses.
How does the New Haven Ski Club Inc. manage to operate with such volatile revenue, including negative figures in some years, while maintaining positive net assets?
The club appears to manage its finances by keeping expenses very low in years with negative or low revenue, and by accumulating assets during years of higher revenue, such as the $246,102 in revenue reported in 202305.
Filing History
IRS 990 filing history for New Haven Ski Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Haven Ski Club Inc's revenue has grown by 1800.7%, moving from $13K to $246K. Total assets decreased by 8.3% over the same period, from $83K to $76K. Total functional expenses rose by 3564.7%, from $7K to $242K. In its most recent filing year (2023), New Haven Ski Club Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $6K in liabilities against $76K in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $70K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $246K | $242K | $76K | $6K | — | View 990 |
| 2022 | $-4,333 | $1K | $69K | $3K | — | View 990 |
| 2021 | $3K | $3K | $74K | $2K | — | View 990 |
| 2020 | $25K | $4K | $74K | $1K | — | View 990 |
| 2019 | $-5,888 | $5K | $53K | $2K | — | View 990 |
| 2018 | $-11,281 | $7K | $63K | $1K | — | View 990 |
| 2017 | $16K | $7K | $82K | $2K | — | View 990 |
| 2016 | $-4,694 | $12K | $73K | $2K | — | View 990 |
| 2015 | $16K | $13K | $90K | $2K | — | View 990 |
| 2014 | $16K | $8K | $82K | $1K | — | View 990 |
| 2013 | $7K | $8K | $74K | $995 | — | View 990 |
| 2012 | $-806 | $8K | $74K | $449 | — | View 990 |
| 2011 | $13K | $7K | $83K | $318 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $246K, expenses of $242K, and assets of $76K.
- 2022: Revenue of $-4,333, expenses of $1K, and assets of $69K (revenue -264.4% year-over-year).
- 2021: Revenue of $3K, expenses of $3K, and assets of $74K (revenue -89.4% year-over-year).
- 2020: Revenue of $25K, expenses of $4K, and assets of $74K.
- 2019: Revenue of $-5,888, expenses of $5K, and assets of $53K.
- 2018: Revenue of $-11,281, expenses of $7K, and assets of $63K (revenue -172.2% year-over-year).
- 2017: Revenue of $16K, expenses of $7K, and assets of $82K.
- 2016: Revenue of $-4,694, expenses of $12K, and assets of $73K (revenue -129.1% year-over-year).
- 2015: Revenue of $16K, expenses of $13K, and assets of $90K (revenue -0.4% year-over-year).
- 2014: Revenue of $16K, expenses of $8K, and assets of $82K (revenue +130.3% year-over-year).
- 2013: Revenue of $7K, expenses of $8K, and assets of $74K.
- 2012: Revenue of $-806, expenses of $8K, and assets of $74K (revenue -106.2% year-over-year).
- 2011: Revenue of $13K, expenses of $7K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Haven Ski Club Inc:
Data Sources and Methodology
This transparency report for New Haven 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.