New Orleans Yacht Club
EIN: 720629892 · New Orleans, LA · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $519K |
| Total Expenses | $438K |
| Net Assets | $344K |
Is New Orleans Yacht Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Orleans Yacht Club
New Orleans Yacht Club (EIN: 720629892) is a nonprofit organization based in New Orleans, LA, classified under NTEE code N67. The organization reported total revenue of $519K and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Orleans Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Orleans Yacht Club is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $411K |
| Total Expenses | $438K |
| Surplus / Deficit | $-26,726 |
| Total Assets | $426K |
| Total Liabilities | $82K |
| Net Assets | $344K |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 19.1% |
| Months of Reserves | 11.7 months |
Financial Health Grade: B
In 2023, New Orleans Yacht Club reported a deficit of $27K with expenses exceeding revenue, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 19.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Orleans Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +8.8% | -9.1% |
| 2022 | +28.8% | +27.0% | -1.1% |
| 2021 | -9.9% | +19.8% | -4.6% |
| 2020 | +6.7% | -14.3% | +19.7% |
| 2019 | -0.2% | -2.4% | -0.3% |
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 Analysis Pending
AI enrichment for New Orleans Yacht Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Orleans Yacht Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.1%.
Frequently Asked Questions about New Orleans Yacht Club
Is New Orleans Yacht Club a legitimate charity?
New Orleans Yacht Club (EIN: 720629892) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $519K. No red flags identified. Financial health grade: B.
How does New Orleans Yacht Club spend its money?
New Orleans Yacht Club reported $519K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Orleans Yacht Club tax-deductible?
New Orleans Yacht Club is registered as a tax-exempt nonprofit (EIN: 720629892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Orleans Yacht Club located?
New Orleans Yacht Club is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720629892. It is classified under NTEE code N67.
How many years of IRS 990 filings does New Orleans Yacht Club have?
New Orleans 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 $519K in total revenue.
Filing History
IRS 990 filing history for New Orleans Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Orleans Yacht Club's revenue has grown by 77.6%, moving from $232K to $411K. Total assets increased by 61.5% over the same period, from $264K to $426K. Total functional expenses rose by 85.8%, from $236K to $438K. In its most recent filing year (2023), New Orleans Yacht Club reported a deficit of $27K, with expenses exceeding revenue. The organization holds $82K in liabilities against $426K in assets (debt-to-asset ratio: 19.1%), resulting in net assets of $344K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $411K | $438K | $426K | $82K | — | — |
| 2022 | $378K | $403K | $468K | $96K | — | View 990 |
| 2021 | $293K | $317K | $474K | $77K | — | View 990 |
| 2020 | $325K | $265K | $497K | $76K | — | — |
| 2019 | $305K | $309K | $415K | $54K | — | View 990 |
| 2018 | $306K | $316K | $416K | $51K | — | View 990 |
| 2017 | $275K | $263K | $420K | $53K | — | View 990 |
| 2016 | $271K | $253K | $409K | $53K | — | View 990 |
| 2015 | $244K | $225K | $401K | $64K | — | View 990 |
| 2014 | $259K | $226K | $380K | $62K | — | View 990 |
| 2013 | $286K | $211K | $336K | $51K | — | View 990 |
| 2012 | $245K | $239K | $263K | $52K | — | View 990 |
| 2011 | $232K | $236K | $264K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $411K, expenses of $438K, and assets of $426K (revenue +8.9% year-over-year).
- 2022: Revenue of $378K, expenses of $403K, and assets of $468K (revenue +28.8% year-over-year).
- 2021: Revenue of $293K, expenses of $317K, and assets of $474K (revenue -9.9% year-over-year).
- 2020: Revenue of $325K, expenses of $265K, and assets of $497K (revenue +6.7% year-over-year).
- 2019: Revenue of $305K, expenses of $309K, and assets of $415K (revenue -0.2% year-over-year).
- 2018: Revenue of $306K, expenses of $316K, and assets of $416K (revenue +11.2% year-over-year).
- 2017: Revenue of $275K, expenses of $263K, and assets of $420K (revenue +1.3% year-over-year).
- 2016: Revenue of $271K, expenses of $253K, and assets of $409K (revenue +10.9% year-over-year).
- 2015: Revenue of $244K, expenses of $225K, and assets of $401K (revenue -5.6% year-over-year).
- 2014: Revenue of $259K, expenses of $226K, and assets of $380K (revenue -9.6% year-over-year).
- 2013: Revenue of $286K, expenses of $211K, and assets of $336K (revenue +16.8% year-over-year).
- 2012: Revenue of $245K, expenses of $239K, and assets of $263K (revenue +5.8% year-over-year).
- 2011: Revenue of $232K, expenses of $236K, and assets of $264K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Orleans Yacht Club:
Data Sources and Methodology
This transparency report for New Orleans 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.