Pleasant Park Yacht Club
EIN: 41732640 · Winthrop, MA
| Metric | Value |
|---|---|
| Total Revenue | $568K |
| Total Expenses | $440K |
| Net Assets | $339K |
Is Pleasant Park Yacht Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pleasant Park Yacht Club
Pleasant Park Yacht Club (EIN: 41732640) is a nonprofit organization based in Winthrop, MA. The organization reported total revenue of $568K and total assets of $434K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pleasant Park Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pleasant Park Yacht Club is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $460K |
| Total Expenses | $440K |
| Surplus / Deficit | +$20K |
| Total Assets | $441K |
| Total Liabilities | $101K |
| Net Assets | $339K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 23.0% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2023, Pleasant Park Yacht Club reported a surplus of $20K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 23.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pleasant Park Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +0.5% | -7.7% |
| 2022 | +15.2% | +11.1% | -9.9% |
| 2021 | +22.1% | +30.3% | -2.6% |
| 2020 | -8.7% | -11.7% | +2.6% |
| 2019 | +1.5% | -10.6% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pleasant Park Yacht 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 Pleasant Park Yacht 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 surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.0%.
Frequently Asked Questions about Pleasant Park Yacht Club
Is Pleasant Park Yacht Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Pleasant Park Yacht Club (EIN: 41732640) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pleasant Park Yacht Club spend its money?
Detailed spending breakdown data is not yet available for Pleasant Park Yacht Club. Check back for updated IRS 990 analysis.
Are donations to Pleasant Park Yacht Club tax-deductible?
Pleasant Park Yacht Club is registered as a tax-exempt nonprofit (EIN: 41732640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pleasant Park Yacht Club located?
Pleasant Park Yacht Club is headquartered in Winthrop, Massachusetts and files with the IRS under EIN 41732640.
How many years of IRS 990 filings does Pleasant Park Yacht Club have?
Pleasant Park Yacht Club 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 $568K in total revenue.
Filing History
IRS 990 filing history for Pleasant Park Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pleasant Park Yacht Club's revenue has grown by 51%, moving from $305K to $460K. Total assets decreased by 36.4% over the same period, from $693K to $441K. Total functional expenses rose by 51.1%, from $291K to $440K. In its most recent filing year (2023), Pleasant Park Yacht Club reported a surplus of $20K, with revenue exceeding expenses. The organization holds $101K in liabilities against $441K in assets (debt-to-asset ratio: 23.0%), resulting in net assets of $339K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $460K | $440K | $441K | $101K | — | — |
| 2022 | $438K | $438K | $477K | $158K | — | View 990 |
| 2021 | $380K | $394K | $529K | $211K | — | View 990 |
| 2020 | $312K | $302K | $544K | $212K | — | — |
| 2019 | $341K | $342K | $530K | $208K | — | View 990 |
| 2018 | $336K | $383K | $570K | $247K | — | View 990 |
| 2017 | $356K | $324K | $602K | $232K | — | View 990 |
| 2016 | $334K | $336K | $577K | $240K | — | View 990 |
| 2015 | $367K | $351K | $612K | $272K | — | View 990 |
| 2014 | $349K | $309K | $612K | $288K | — | View 990 |
| 2013 | $347K | $314K | $629K | $343K | — | View 990 |
| 2012 | $318K | $306K | $637K | $385K | — | View 990 |
| 2011 | $305K | $291K | $693K | $453K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $460K, expenses of $440K, and assets of $441K (revenue +4.9% year-over-year).
- 2022: Revenue of $438K, expenses of $438K, and assets of $477K (revenue +15.2% year-over-year).
- 2021: Revenue of $380K, expenses of $394K, and assets of $529K (revenue +22.1% year-over-year).
- 2020: Revenue of $312K, expenses of $302K, and assets of $544K (revenue -8.7% year-over-year).
- 2019: Revenue of $341K, expenses of $342K, and assets of $530K (revenue +1.5% year-over-year).
- 2018: Revenue of $336K, expenses of $383K, and assets of $570K (revenue -5.6% year-over-year).
- 2017: Revenue of $356K, expenses of $324K, and assets of $602K (revenue +6.6% year-over-year).
- 2016: Revenue of $334K, expenses of $336K, and assets of $577K (revenue -8.9% year-over-year).
- 2015: Revenue of $367K, expenses of $351K, and assets of $612K (revenue +5.1% year-over-year).
- 2014: Revenue of $349K, expenses of $309K, and assets of $612K (revenue +0.5% year-over-year).
- 2013: Revenue of $347K, expenses of $314K, and assets of $629K (revenue +9.2% year-over-year).
- 2012: Revenue of $318K, expenses of $306K, and assets of $637K (revenue +4.4% year-over-year).
- 2011: Revenue of $305K, expenses of $291K, and assets of $693K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pleasant Park Yacht Club:
Data Sources and Methodology
This transparency report for Pleasant Park Yacht 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.