Pirate Pride Club
Pirate Pride Club shows consistent growth and strong financial health with no officer compensation.
EIN: 203230480 · Charlestown, IN · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $361K |
| Total Expenses | $231K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $361,117 |
| Net Assets | $206K |
| Transparency Score | 92/100 |
Is Pirate Pride Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pirate Pride Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pirate Pride Club
Pirate Pride Club (EIN: 203230480) is a nonprofit organization based in Charlestown, IN, classified under NTEE code B11. The organization reported total revenue of $361K and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pirate Pride Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pirate Pride Club is a small nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 20.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $235K |
| Total Expenses | $231K |
| Surplus / Deficit | +$4K |
| Total Assets | $206K |
| Net Assets | $206K |
| Operating Margin | 1.6% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2024, Pirate Pride Club reported a surplus of $4K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2015–2024), Pirate Pride Club's revenue has grown at a compound annual growth rate (CAGR) of 20.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.1% | +6.8% | +1.9% |
| 2023 | +40.5% | +24.6% | +230.5% |
| 2016 | +298.0% | +300.2% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pirate Pride Club with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Pirate Pride Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Pirate Pride Club consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly commendable for a nonprofit of its size ($361,117 latest revenue).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Pirate Pride Club:
- Consistent revenue and asset growth (Revenue from $43,785 in 2015 to $234,786 in 2024; Assets from $60,423 to $205,727).
- Zero reported liabilities across all filings, indicating strong financial stability.
- 0% officer compensation reported, demonstrating a high commitment to directing funds to programs.
- Consistent filing of IRS 990 forms, indicating good transparency.
- Expenses closely track revenue, suggesting efficient deployment of funds for mission.
Frequently Asked Questions about Pirate Pride Club
Is Pirate Pride Club a legitimate charity?
Pirate Pride Club (EIN: 203230480) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 4 years of IRS 990 filings on record. Total revenue: $361K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Pirate Pride Club spend its money?
Pirate Pride Club directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Pirate Pride Club tax-deductible?
Pirate Pride Club is registered as a tax-exempt nonprofit (EIN: 203230480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pirate Pride Club CEO make?
Pirate Pride Club's highest-compensated officer earns $361,117 annually. The organization reported $361K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pirate Pride Club's spending goes to programs?
Pirate Pride Club directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pirate Pride Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Pirate Pride Club is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pirate Pride Club located?
Pirate Pride Club is headquartered in Charlestown, Indiana and files with the IRS under EIN 203230480. It is classified under NTEE code B11.
How many years of IRS 990 filings does Pirate Pride Club have?
Pirate Pride Club has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $361K in total revenue.
Is Pirate Pride Club a good charity?
Based on the provided IRS 990 data, Pirate Pride Club appears to be a very good charity. It demonstrates strong financial health, consistent growth, zero liabilities, and a notable commitment to its mission by not compensating officers.
How has Pirate Pride Club's financial health changed over time?
Pirate Pride Club has shown significant financial growth and stability. Revenue increased from $43,785 in 2015 to $234,786 in 2024, and assets grew from $60,423 to $205,727 in the same period, with no reported liabilities.
Does Pirate Pride Club pay its executives?
No, Pirate Pride Club consistently reports 0% officer compensation in all its IRS 990 filings, indicating that no executive salaries are paid.
What is Pirate Pride Club's asset growth like?
Pirate Pride Club has experienced substantial asset growth, increasing from $60,423 in 2015 to $205,727 in 2024, demonstrating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Pirate Pride Club showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2015–2024), Pirate Pride Club's revenue has grown by 436.2%, moving from $44K to $235K. Total assets increased by 240.5% over the same period, from $60K to $206K. Total functional expenses rose by 432.6%, from $43K to $231K. In its most recent filing year (2024), Pirate Pride Club reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $235K | $231K | $206K | $0 | — | — |
| 2023 | $245K | $216K | $202K | $0 | — | View 990 |
| 2016 | $174K | $174K | $61K | $0 | — | View 990 |
| 2015 | $44K | $43K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $235K, expenses of $231K, and assets of $206K (revenue -4.1% year-over-year).
- 2023: Revenue of $245K, expenses of $216K, and assets of $202K (revenue +40.5% year-over-year).
- 2016: Revenue of $174K, expenses of $174K, and assets of $61K (revenue +298.0% year-over-year).
- 2015: Revenue of $44K, expenses of $43K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pirate Pride Club:
Data Sources and Methodology
This transparency report for Pirate Pride 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.