Philadelphia Dragon Boat Association
EIN: 233066903 · Egg Hbr Twp, NJ · NTEE: N70
| Metric | Value |
|---|---|
| Total Revenue | $245K |
| Total Expenses | $239K |
| Net Assets | $186K |
Is Philadelphia Dragon Boat Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Philadelphia Dragon Boat Association
Philadelphia Dragon Boat Association (EIN: 233066903) is a nonprofit organization based in Egg Hbr Twp, NJ, classified under NTEE code N70. The organization reported total revenue of $245K and total assets of $239K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philadelphia Dragon Boat Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philadelphia Dragon Boat Association is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $245K |
| Total Expenses | $239K |
| Surplus / Deficit | +$6K |
| Total Assets | $186K |
| Total Liabilities | $600 |
| Net Assets | $186K |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Philadelphia Dragon Boat Association reported a surplus of $6K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Philadelphia Dragon Boat Association's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.2% | +77.6% | -1.2% |
| 2022 | +118.2% | +50.7% | +79.9% |
| 2021 | +110.2% | +153.6% | +9.4% |
| 2020 | -74.4% | -83.0% | +12.7% |
| 2019 | -4.6% | +129.4% | -23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Philadelphia Dragon Boat 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 Philadelphia Dragon Boat 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Philadelphia Dragon Boat Association
Is Philadelphia Dragon Boat Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Philadelphia Dragon Boat Association (EIN: 233066903) insufficient data. 0 red flags identified, 0 strengths noted.
How does Philadelphia Dragon Boat Association spend its money?
Detailed spending breakdown data is not yet available for Philadelphia Dragon Boat Association. Check back for updated IRS 990 analysis.
Are donations to Philadelphia Dragon Boat Association tax-deductible?
Philadelphia Dragon Boat Association is registered as a tax-exempt nonprofit (EIN: 233066903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Philadelphia Dragon Boat Association located?
Philadelphia Dragon Boat Association is headquartered in Egg Hbr Twp, New Jersey and files with the IRS under EIN 233066903. It is classified under NTEE code N70.
How many years of IRS 990 filings does Philadelphia Dragon Boat Association have?
Philadelphia Dragon Boat 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 $245K in total revenue.
Filing History
IRS 990 filing history for Philadelphia Dragon Boat Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Philadelphia Dragon Boat Association's revenue has grown by 231.4%, moving from $74K to $245K. Total assets increased by 456.4% over the same period, from $33K to $186K. Total functional expenses rose by 114.5%, from $111K to $239K. In its most recent filing year (2023), Philadelphia Dragon Boat Association reported a surplus of $6K, with revenue exceeding expenses. The organization holds $600 in liabilities against $186K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $186K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $245K | $239K | $186K | $600 | — | — |
| 2022 | $211K | $134K | $189K | $9K | — | View 990 |
| 2021 | $97K | $89K | $105K | $2K | — | View 990 |
| 2020 | $46K | $35K | $96K | $0 | — | View 990 |
| 2019 | $180K | $206K | $85K | $0 | — | View 990 |
| 2018 | $188K | $90K | $112K | $0 | — | View 990 |
| 2017 | $174K | $226K | $18K | $17K | — | View 990 |
| 2016 | $164K | $118K | $71K | $1K | — | View 990 |
| 2015 | $143K | $154K | $44K | $21K | — | View 990 |
| 2014 | $91K | $81K | $55K | $20K | — | View 990 |
| 2013 | $98K | $142K | $45K | $20K | — | View 990 |
| 2012 | $76K | $43K | $67K | $0 | — | View 990 |
| 2011 | $74K | $111K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $245K, expenses of $239K, and assets of $186K (revenue +16.2% year-over-year).
- 2022: Revenue of $211K, expenses of $134K, and assets of $189K (revenue +118.2% year-over-year).
- 2021: Revenue of $97K, expenses of $89K, and assets of $105K (revenue +110.2% year-over-year).
- 2020: Revenue of $46K, expenses of $35K, and assets of $96K (revenue -74.4% year-over-year).
- 2019: Revenue of $180K, expenses of $206K, and assets of $85K (revenue -4.6% year-over-year).
- 2018: Revenue of $188K, expenses of $90K, and assets of $112K (revenue +8.5% year-over-year).
- 2017: Revenue of $174K, expenses of $226K, and assets of $18K (revenue +5.6% year-over-year).
- 2016: Revenue of $164K, expenses of $118K, and assets of $71K (revenue +14.9% year-over-year).
- 2015: Revenue of $143K, expenses of $154K, and assets of $44K (revenue +58.0% year-over-year).
- 2014: Revenue of $91K, expenses of $81K, and assets of $55K (revenue -8.1% year-over-year).
- 2013: Revenue of $98K, expenses of $142K, and assets of $45K (revenue +29.0% year-over-year).
- 2012: Revenue of $76K, expenses of $43K, and assets of $67K (revenue +3.3% year-over-year).
- 2011: Revenue of $74K, expenses of $111K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philadelphia Dragon Boat Association:
Data Sources and Methodology
This transparency report for Philadelphia Dragon Boat 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.