Newport Ski Club
EIN: 223487146 · Middletown, RI
| Metric | Value |
|---|---|
| Total Revenue | $87K |
| Total Expenses | $85K |
| Net Assets | $781K |
Is Newport Ski Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Newport Ski Club
Newport Ski Club (EIN: 223487146) is a nonprofit organization based in Middletown, RI. The organization reported total revenue of $87K and total assets of $801K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newport Ski Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newport Ski Club is a micro nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $85K |
| Surplus / Deficit | $-27,169 |
| Total Assets | $781K |
| Net Assets | $781K |
| Operating Margin | -46.8% |
| Months of Reserves | 109.9 months |
Financial Health Grade: B
In 2024, Newport Ski Club reported a deficit of $27K with expenses exceeding revenue, holds 109.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Newport Ski Club's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -31.8% | +10.1% | -3.4% |
| 2023 | -14.1% | +48.4% | +1.0% |
| 2022 | +280.0% | +53.2% | -0.3% |
| 2021 | -55.3% | -31.3% | -0.9% |
| 2020 | -12.6% | -40.5% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Newport Ski 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 Newport Ski 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
Frequently Asked Questions about Newport Ski Club
Is Newport Ski Club a legitimate charity?
Newport Ski Club (EIN: 223487146) is a registered tax-exempt nonprofit based in Rhode Island. It has 14 years of IRS 990 filings on record. Total revenue: $87K. No red flags identified. Financial health grade: B.
How does Newport Ski Club spend its money?
Newport Ski Club reported $87K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Newport Ski Club tax-deductible?
Newport Ski Club is registered as a tax-exempt nonprofit (EIN: 223487146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Newport Ski Club located?
Newport Ski Club is headquartered in Middletown, Rhode Island and files with the IRS under EIN 223487146.
How many years of IRS 990 filings does Newport Ski Club have?
Newport Ski Club 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 $87K in total revenue.
Filing History
IRS 990 filing history for Newport Ski Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Newport Ski Club's revenue has grown by 28.3%, moving from $45K to $58K. Total assets decreased by 1.5% over the same period, from $793K to $781K. Total functional expenses rose by 103.2%, from $42K to $85K. In its most recent filing year (2024), Newport Ski Club reported a deficit of $27K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $58K | $85K | $781K | $0 | — | — |
| 2023 | $85K | $77K | $808K | $0 | — | View 990 |
| 2022 | $99K | $52K | $800K | $0 | — | — |
| 2021 | $26K | $34K | $803K | $0 | — | — |
| 2020 | $58K | $50K | $810K | $0 | — | View 990 |
| 2019 | $67K | $83K | $801K | $0 | — | View 990 |
| 2018 | $76K | $78K | $818K | $0 | — | — |
| 2017 | $81K | $73K | $819K | $0 | — | View 990 |
| 2016 | $85K | $88K | $812K | $0 | — | View 990 |
| 2015 | $113K | $103K | $814K | $0 | — | View 990 |
| 2014 | $101K | $91K | $801K | $0 | — | View 990 |
| 2013 | $54K | $58K | $791K | $0 | — | View 990 |
| 2012 | $44K | $40K | $797K | $0 | — | View 990 |
| 2011 | $45K | $42K | $793K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $58K, expenses of $85K, and assets of $781K (revenue -31.8% year-over-year).
- 2023: Revenue of $85K, expenses of $77K, and assets of $808K (revenue -14.1% year-over-year).
- 2022: Revenue of $99K, expenses of $52K, and assets of $800K (revenue +280.0% year-over-year).
- 2021: Revenue of $26K, expenses of $34K, and assets of $803K (revenue -55.3% year-over-year).
- 2020: Revenue of $58K, expenses of $50K, and assets of $810K (revenue -12.6% year-over-year).
- 2019: Revenue of $67K, expenses of $83K, and assets of $801K (revenue -12.5% year-over-year).
- 2018: Revenue of $76K, expenses of $78K, and assets of $818K (revenue -5.2% year-over-year).
- 2017: Revenue of $81K, expenses of $73K, and assets of $819K (revenue -5.2% year-over-year).
- 2016: Revenue of $85K, expenses of $88K, and assets of $812K (revenue -25.0% year-over-year).
- 2015: Revenue of $113K, expenses of $103K, and assets of $814K (revenue +12.6% year-over-year).
- 2014: Revenue of $101K, expenses of $91K, and assets of $801K (revenue +85.0% year-over-year).
- 2013: Revenue of $54K, expenses of $58K, and assets of $791K (revenue +23.6% year-over-year).
- 2012: Revenue of $44K, expenses of $40K, and assets of $797K (revenue -2.7% year-over-year).
- 2011: Revenue of $45K, expenses of $42K, and assets of $793K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newport Ski Club:
Data Sources and Methodology
This transparency report for Newport Ski 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.