Owls Club No 4002 Incorporated
EIN: 521312404 · Frederick, MD
| Metric | Value |
|---|---|
| Total Revenue | $843K |
| Total Expenses | $579K |
| Net Assets | $134K |
Is Owls Club No 4002 Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Owls Club No 4002 Incorporated
Owls Club No 4002 Incorporated (EIN: 521312404) is a nonprofit organization based in Frederick, MD. The organization reported total revenue of $843K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Owls Club No 4002 Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Owls Club No 4002 Incorporated is a small nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $498K |
| Total Expenses | $579K |
| Surplus / Deficit | $-81,169 |
| Total Assets | $136K |
| Total Liabilities | $2K |
| Net Assets | $134K |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2024, Owls Club No 4002 Incorporated reported a deficit of $81K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Owls Club No 4002 Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.5% | -2.3% | -37.1% |
| 2023 | -12.4% | +13.1% | -23.2% |
| 2022 | +10.9% | +25.9% | +35.4% |
| 2021 | +105.3% | +72.6% | +47.1% |
| 2020 | +19.3% | +23.6% | +139.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Owls Club No 4002 Incorporated 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 Owls Club No 4002 Incorporated 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 $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Owls Club No 4002 Incorporated
Is Owls Club No 4002 Incorporated a legitimate charity?
Owls Club No 4002 Incorporated (EIN: 521312404) is a registered tax-exempt nonprofit based in Maryland. It has 14 years of IRS 990 filings on record. Total revenue: $843K. No red flags identified. Financial health grade: C.
How does Owls Club No 4002 Incorporated spend its money?
Owls Club No 4002 Incorporated reported $843K 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 Owls Club No 4002 Incorporated tax-deductible?
Owls Club No 4002 Incorporated is registered as a tax-exempt nonprofit (EIN: 521312404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Owls Club No 4002 Incorporated located?
Owls Club No 4002 Incorporated is headquartered in Frederick, Maryland and files with the IRS under EIN 521312404.
How many years of IRS 990 filings does Owls Club No 4002 Incorporated have?
Owls Club No 4002 Incorporated 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 $843K in total revenue.
Filing History
IRS 990 filing history for Owls Club No 4002 Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Owls Club No 4002 Incorporated's revenue has grown by 361.3%, moving from $108K to $498K. Total assets increased by 581.3% over the same period, from $20K to $136K. Total functional expenses rose by 481.4%, from $100K to $579K. In its most recent filing year (2024), Owls Club No 4002 Incorporated reported a deficit of $81K, with expenses exceeding revenue. The organization holds $2K in liabilities against $136K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $134K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $498K | $579K | $136K | $2K | — | — |
| 2023 | $527K | $593K | $216K | $1K | — | View 990 |
| 2022 | $602K | $524K | $282K | $852 | — | View 990 |
| 2021 | $542K | $416K | $208K | $4K | — | — |
| 2020 | $264K | $241K | $142K | $64K | — | — |
| 2019 | $221K | $195K | $59K | $4K | — | View 990 |
| 2018 | $212K | $200K | $39K | $10K | — | View 990 |
| 2017 | $207K | $197K | $60K | $43K | — | View 990 |
| 2016 | $182K | $171K | $46K | $39K | — | View 990 |
| 2015 | $192K | $209K | $41K | $45K | — | View 990 |
| 2014 | $232K | $178K | $63K | $50K | — | View 990 |
| 2013 | $179K | $158K | $54K | $96K | — | View 990 |
| 2012 | $122K | $131K | $44K | $106K | — | View 990 |
| 2011 | $108K | $100K | $20K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $498K, expenses of $579K, and assets of $136K (revenue -5.5% year-over-year).
- 2023: Revenue of $527K, expenses of $593K, and assets of $216K (revenue -12.4% year-over-year).
- 2022: Revenue of $602K, expenses of $524K, and assets of $282K (revenue +10.9% year-over-year).
- 2021: Revenue of $542K, expenses of $416K, and assets of $208K (revenue +105.3% year-over-year).
- 2020: Revenue of $264K, expenses of $241K, and assets of $142K (revenue +19.3% year-over-year).
- 2019: Revenue of $221K, expenses of $195K, and assets of $59K (revenue +4.3% year-over-year).
- 2018: Revenue of $212K, expenses of $200K, and assets of $39K (revenue +2.5% year-over-year).
- 2017: Revenue of $207K, expenses of $197K, and assets of $60K (revenue +13.8% year-over-year).
- 2016: Revenue of $182K, expenses of $171K, and assets of $46K (revenue -5.4% year-over-year).
- 2015: Revenue of $192K, expenses of $209K, and assets of $41K (revenue -17.2% year-over-year).
- 2014: Revenue of $232K, expenses of $178K, and assets of $63K (revenue +29.6% year-over-year).
- 2013: Revenue of $179K, expenses of $158K, and assets of $54K (revenue +47.3% year-over-year).
- 2012: Revenue of $122K, expenses of $131K, and assets of $44K (revenue +12.7% year-over-year).
- 2011: Revenue of $108K, expenses of $100K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Owls Club No 4002 Incorporated:
Data Sources and Methodology
This transparency report for Owls Club No 4002 Incorporated 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.