Oakland County Boat Club
EIN: 380888643 · Sylvan Lake, MI
| Metric | Value |
|---|---|
| Total Revenue | $780K |
| Total Expenses | $711K |
| Net Assets | $108K |
Is Oakland County Boat Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oakland County Boat Club
Oakland County Boat Club (EIN: 380888643) is a nonprofit organization based in Sylvan Lake, MI. The organization reported total revenue of $780K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oakland County Boat Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oakland County Boat Club is a small nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $702K |
| Total Expenses | $711K |
| Surplus / Deficit | $-8,769 |
| Total Assets | $156K |
| Total Liabilities | $48K |
| Net Assets | $108K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 30.9% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Oakland County Boat Club reported a deficit of $9K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 30.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Oakland County Boat Club's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.0% | -5.8% | +4.3% |
| 2022 | +35.2% | +38.6% | -9.8% |
| 2021 | +6.5% | +16.2% | +2.9% |
| 2020 | -19.2% | -32.8% | +51.7% |
| 2019 | +19.8% | +10.5% | -31.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oakland County Boat 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 Oakland County Boat 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.9%.
Frequently Asked Questions about Oakland County Boat Club
Is Oakland County Boat Club a legitimate charity?
Oakland County Boat Club (EIN: 380888643) is a registered tax-exempt nonprofit based in Michigan. It has 12 years of IRS 990 filings on record. Total revenue: $780K. No red flags identified. Financial health grade: C.
How does Oakland County Boat Club spend its money?
Oakland County Boat Club reported $780K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oakland County Boat Club tax-deductible?
Oakland County Boat Club is registered as a tax-exempt nonprofit (EIN: 380888643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oakland County Boat Club located?
Oakland County Boat Club is headquartered in Sylvan Lake, Michigan and files with the IRS under EIN 380888643.
How many years of IRS 990 filings does Oakland County Boat Club have?
Oakland County Boat Club has 12 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 $780K in total revenue.
Filing History
IRS 990 filing history for Oakland County Boat Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Oakland County Boat Club's revenue has grown by 52.2%, moving from $461K to $702K. Total assets increased by 50.2% over the same period, from $104K to $156K. Total functional expenses rose by 52%, from $468K to $711K. In its most recent filing year (2023), Oakland County Boat Club reported a deficit of $9K, with expenses exceeding revenue. The organization holds $48K in liabilities against $156K in assets (debt-to-asset ratio: 30.9%), resulting in net assets of $108K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $702K | $711K | $156K | $48K | — | — |
| 2022 | $755K | $754K | $149K | $39K | — | View 990 |
| 2021 | $559K | $544K | $166K | $0 | — | View 990 |
| 2020 | $525K | $468K | $161K | $10K | — | — |
| 2019 | $649K | $697K | $106K | $11K | — | View 990 |
| 2018 | $542K | $630K | $154K | $11K | — | View 990 |
| 2017 | $466K | $465K | $248K | $17K | — | View 990 |
| 2015 | $512K | $488K | $206K | $21K | — | View 990 |
| 2014 | $505K | $463K | $185K | $24K | — | View 990 |
| 2013 | $525K | $506K | $142K | $23K | — | View 990 |
| 2012 | $520K | $501K | $153K | $53K | — | View 990 |
| 2011 | $461K | $468K | $104K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $702K, expenses of $711K, and assets of $156K (revenue -7.0% year-over-year).
- 2022: Revenue of $755K, expenses of $754K, and assets of $149K (revenue +35.2% year-over-year).
- 2021: Revenue of $559K, expenses of $544K, and assets of $166K (revenue +6.5% year-over-year).
- 2020: Revenue of $525K, expenses of $468K, and assets of $161K (revenue -19.2% year-over-year).
- 2019: Revenue of $649K, expenses of $697K, and assets of $106K (revenue +19.8% year-over-year).
- 2018: Revenue of $542K, expenses of $630K, and assets of $154K (revenue +16.3% year-over-year).
- 2017: Revenue of $466K, expenses of $465K, and assets of $248K (revenue -9.1% year-over-year).
- 2015: Revenue of $512K, expenses of $488K, and assets of $206K (revenue +1.6% year-over-year).
- 2014: Revenue of $505K, expenses of $463K, and assets of $185K (revenue -3.9% year-over-year).
- 2013: Revenue of $525K, expenses of $506K, and assets of $142K (revenue +1.0% year-over-year).
- 2012: Revenue of $520K, expenses of $501K, and assets of $153K (revenue +12.7% year-over-year).
- 2011: Revenue of $461K, expenses of $468K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oakland County Boat Club:
Data Sources and Methodology
This transparency report for Oakland County Boat 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.