Park City Sailing Association
EIN: 271672866 · Park City, UT · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $540K |
| Total Expenses | $392K |
| Net Assets | $500K |
Is Park City Sailing Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Park City Sailing Association
Park City Sailing Association (EIN: 271672866) is a nonprofit organization based in Park City, UT, classified under NTEE code B99. The organization reported total revenue of $540K and total assets of $565K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park City Sailing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park City Sailing Association is a small nonprofit that has been operating for 3 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $582K |
| Total Expenses | $392K |
| Surplus / Deficit | +$190K |
| Total Assets | $500K |
| Total Liabilities | $37 |
| Net Assets | $500K |
| Operating Margin | 32.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Park City Sailing Association reported a surplus of $190K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Park City Sailing Association's revenue has grown at a compound annual growth rate (CAGR) of 20.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.3% | -6.5% | +61.1% |
| 2022 | -13.5% | +8.4% | -4.6% |
| 2021 | +23.9% | +18.0% | +34.3% |
| 2020 | +47.5% | +66.1% | +33.2% |
| 2019 | +7.7% | -17.3% | +42.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Park City Sailing Association 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 Park City Sailing Association 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 surplus of $190K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Park City Sailing Association
Is Park City Sailing Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Park City Sailing Association (EIN: 271672866) insufficient data. 0 red flags identified, 0 strengths noted.
How does Park City Sailing Association spend its money?
Detailed spending breakdown data is not yet available for Park City Sailing Association. Check back for updated IRS 990 analysis.
Are donations to Park City Sailing Association tax-deductible?
Park City Sailing Association is registered as a tax-exempt nonprofit (EIN: 271672866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Park City Sailing Association located?
Park City Sailing Association is headquartered in Park City, Utah and files with the IRS under EIN 271672866. It is classified under NTEE code B99.
How many years of IRS 990 filings does Park City Sailing Association have?
Park City Sailing Association 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 $540K in total revenue.
Filing History
IRS 990 filing history for Park City Sailing Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Park City Sailing Association's revenue has grown by 852.6%, moving from $61K to $582K. Total assets increased by 1729% over the same period, from $27K to $500K. Total functional expenses rose by 689.9%, from $50K to $392K. In its most recent filing year (2023), Park City Sailing Association reported a surplus of $190K, with revenue exceeding expenses. The organization holds $37 in liabilities against $500K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $500K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $582K | $392K | $500K | $37 | — | View 990 |
| 2022 | $406K | $419K | $311K | $631 | — | View 990 |
| 2021 | $470K | $387K | $326K | $3K | — | — |
| 2020 | $379K | $328K | $243K | $12K | — | — |
| 2019 | $257K | $197K | $182K | $3K | — | — |
| 2018 | $238K | $238K | $128K | $9K | — | View 990 |
| 2017 | $200K | $248K | $119K | $0 | — | View 990 |
| 2016 | $172K | $207K | $167K | $0 | — | View 990 |
| 2015 | $127K | $176K | $202K | $0 | — | View 990 |
| 2014 | $115K | $153K | $257K | $7K | — | View 990 |
| 2013 | $388K | $127K | $295K | $7K | — | View 990 |
| 2012 | $72K | $70K | $40K | $13K | — | View 990 |
| 2011 | $61K | $50K | $27K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $582K, expenses of $392K, and assets of $500K (revenue +43.3% year-over-year).
- 2022: Revenue of $406K, expenses of $419K, and assets of $311K (revenue -13.5% year-over-year).
- 2021: Revenue of $470K, expenses of $387K, and assets of $326K (revenue +23.9% year-over-year).
- 2020: Revenue of $379K, expenses of $328K, and assets of $243K (revenue +47.5% year-over-year).
- 2019: Revenue of $257K, expenses of $197K, and assets of $182K (revenue +7.7% year-over-year).
- 2018: Revenue of $238K, expenses of $238K, and assets of $128K (revenue +19.3% year-over-year).
- 2017: Revenue of $200K, expenses of $248K, and assets of $119K (revenue +16.0% year-over-year).
- 2016: Revenue of $172K, expenses of $207K, and assets of $167K (revenue +35.3% year-over-year).
- 2015: Revenue of $127K, expenses of $176K, and assets of $202K (revenue +10.5% year-over-year).
- 2014: Revenue of $115K, expenses of $153K, and assets of $257K (revenue -70.2% year-over-year).
- 2013: Revenue of $388K, expenses of $127K, and assets of $295K (revenue +434.9% year-over-year).
- 2012: Revenue of $72K, expenses of $70K, and assets of $40K (revenue +18.6% year-over-year).
- 2011: Revenue of $61K, expenses of $50K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park City Sailing Association:
Data Sources and Methodology
This transparency report for Park City Sailing Association 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.