Norfolk Curling Club Inc
EIN: 60734873 · Norfolk, CT · NTEE: N70
Is Norfolk Curling Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norfolk Curling Club Inc
Norfolk Curling Club Inc (EIN: 60734873) is a nonprofit organization based in Norfolk, CT, classified under NTEE code N70. The organization reported total revenue of $162K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norfolk Curling Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norfolk Curling Club Inc is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -16.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $162K |
| Surplus / Deficit | $-49,974 |
| Total Assets | $1.2M |
| Total Liabilities | $7K |
| Net Assets | $1.2M |
| Operating Margin | -44.7% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 86.3 months |
Financial Health Grade: B
In 2024, Norfolk Curling Club Inc reported a deficit of $50K with expenses exceeding revenue, holds 86.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Norfolk Curling Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.9% | +9.5% | -3.9% |
| 2023 | +19.2% | +4.8% | -3.0% |
| 2022 | +354.2% | +95.6% | -3.1% |
| 2021 | -79.8% | -45.9% | -3.8% |
| 2020 | -13.9% | -1.7% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norfolk Curling Club Inc 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 Norfolk Curling Club Inc 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 $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Norfolk Curling Club Inc
Is Norfolk Curling Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Norfolk Curling Club Inc (EIN: 60734873) insufficient data. 0 red flags identified, 0 strengths noted.
How does Norfolk Curling Club Inc spend its money?
Detailed spending breakdown data is not yet available for Norfolk Curling Club Inc. Check back for updated IRS 990 analysis.
Are donations to Norfolk Curling Club Inc tax-deductible?
Norfolk Curling Club Inc is registered as a tax-exempt nonprofit (EIN: 60734873). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Norfolk Curling Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Norfolk Curling Club Inc's revenue has declined by 87.8%, moving from $914K to $112K. Total assets increased by 21.7% over the same period, from $957K to $1.2M. Total functional expenses rose by 74.5%, from $93K to $162K. In its most recent filing year (2024), Norfolk Curling Club Inc reported a deficit of $50K, with expenses exceeding revenue. The organization holds $7K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $112K | $162K | $1.2M | $7K | — | View 990 |
| 2023 | $114K | $148K | $1.2M | $4K | — | View 990 |
| 2022 | $96K | $141K | $1.2M | $8K | — | View 990 |
| 2021 | $21K | $72K | $1.3M | $3K | — | — |
| 2020 | $104K | $133K | $1.3M | $4K | — | View 990 |
| 2019 | $121K | $136K | $1.4M | $14K | — | View 990 |
| 2018 | $117K | $123K | $1.5M | $81K | — | View 990 |
| 2017 | $100K | $118K | $1.5M | $101K | — | View 990 |
| 2016 | $95K | $115K | $1.5M | $111K | — | View 990 |
| 2015 | $116K | $127K | $1.6M | $130K | — | View 990 |
| 2014 | $238K | $83K | $1.6M | $156K | — | View 990 |
| 2013 | $341K | $14K | $1.3M | $0 | — | View 990 |
| 2012 | $914K | $93K | $957K | $60 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $112K, expenses of $162K, and assets of $1.2M (revenue -1.9% year-over-year).
- 2023: Revenue of $114K, expenses of $148K, and assets of $1.2M (revenue +19.2% year-over-year).
- 2022: Revenue of $96K, expenses of $141K, and assets of $1.2M (revenue +354.2% year-over-year).
- 2021: Revenue of $21K, expenses of $72K, and assets of $1.3M (revenue -79.8% year-over-year).
- 2020: Revenue of $104K, expenses of $133K, and assets of $1.3M (revenue -13.9% year-over-year).
- 2019: Revenue of $121K, expenses of $136K, and assets of $1.4M (revenue +4.0% year-over-year).
- 2018: Revenue of $117K, expenses of $123K, and assets of $1.5M (revenue +17.0% year-over-year).
- 2017: Revenue of $100K, expenses of $118K, and assets of $1.5M (revenue +4.9% year-over-year).
- 2016: Revenue of $95K, expenses of $115K, and assets of $1.5M (revenue -18.1% year-over-year).
- 2015: Revenue of $116K, expenses of $127K, and assets of $1.6M (revenue -51.3% year-over-year).
- 2014: Revenue of $238K, expenses of $83K, and assets of $1.6M (revenue -30.3% year-over-year).
- 2013: Revenue of $341K, expenses of $14K, and assets of $1.3M (revenue -62.6% year-over-year).
- 2012: Revenue of $914K, expenses of $93K, and assets of $957K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norfolk Curling Club Inc:
Data Sources and Methodology
This transparency report for Norfolk Curling 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.