Point Nipigon On The Straits Resort Club
EIN: 381400713 · Cheboygan, MI
| Metric | Value |
|---|---|
| Total Revenue | $235K |
| Total Expenses | $224K |
| Net Assets | $695K |
Is Point Nipigon On The Straits Resort Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Point Nipigon On The Straits Resort Club
Point Nipigon On The Straits Resort Club (EIN: 381400713) is a nonprofit organization based in Cheboygan, MI. The organization reported total revenue of $235K and total assets of $687K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Point Nipigon On The Straits Resort Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Point Nipigon On The Straits Resort Club is a small nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $263K |
| Total Expenses | $224K |
| Surplus / Deficit | +$39K |
| Total Assets | $698K |
| Total Liabilities | $3K |
| Net Assets | $695K |
| Operating Margin | 15.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 37.5 months |
Financial Health Grade: A
In 2024, Point Nipigon On The Straits Resort Club reported a surplus of $39K with revenue exceeding expenses, holds 37.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Point Nipigon On The Straits Resort Club's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.2% | +5.2% | +7.5% |
| 2023 | -31.4% | -31.2% | +2.6% |
| 2022 | +60.7% | +25.7% | +2.2% |
| 2021 | -0.2% | +15.7% | -4.5% |
| 2020 | -18.0% | -2.7% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Point Nipigon On The Straits Resort 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 Point Nipigon On The Straits Resort 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Point Nipigon On The Straits Resort Club
Is Point Nipigon On The Straits Resort Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Point Nipigon On The Straits Resort Club (EIN: 381400713) insufficient data. 0 red flags identified, 0 strengths noted.
How does Point Nipigon On The Straits Resort Club spend its money?
Detailed spending breakdown data is not yet available for Point Nipigon On The Straits Resort Club. Check back for updated IRS 990 analysis.
Are donations to Point Nipigon On The Straits Resort Club tax-deductible?
Point Nipigon On The Straits Resort Club is registered as a tax-exempt nonprofit (EIN: 381400713). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Point Nipigon On The Straits Resort Club located?
Point Nipigon On The Straits Resort Club is headquartered in Cheboygan, Michigan and files with the IRS under EIN 381400713.
How many years of IRS 990 filings does Point Nipigon On The Straits Resort Club have?
Point Nipigon On The Straits Resort Club 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 $235K in total revenue.
Filing History
IRS 990 filing history for Point Nipigon On The Straits Resort Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Point Nipigon On The Straits Resort Club's revenue has grown by 49.1%, moving from $177K to $263K. Total assets increased by 33.7% over the same period, from $522K to $698K. Total functional expenses rose by 32.1%, from $169K to $224K. In its most recent filing year (2024), Point Nipigon On The Straits Resort Club reported a surplus of $39K, with revenue exceeding expenses. The organization holds $3K in liabilities against $698K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $695K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $263K | $224K | $698K | $3K | — | — |
| 2023 | $224K | $213K | $649K | $3K | — | — |
| 2022 | $327K | $309K | $633K | $9K | — | View 990 |
| 2021 | $204K | $246K | $619K | $13K | — | View 990 |
| 2020 | $204K | $212K | $648K | $17K | — | View 990 |
| 2019 | $249K | $218K | $633K | $20K | — | View 990 |
| 2018 | $174K | $159K | $582K | $1K | — | — |
| 2017 | $179K | $151K | $570K | $7K | — | View 990 |
| 2016 | $180K | $167K | $549K | $15K | — | View 990 |
| 2015 | $201K | $167K | $528K | $18K | — | View 990 |
| 2014 | $177K | $190K | $499K | $24K | — | View 990 |
| 2013 | $203K | $189K | $519K | $30K | — | View 990 |
| 2012 | $83K | $83K | $489K | $14K | — | View 990 |
| 2011 | $177K | $169K | $522K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $263K, expenses of $224K, and assets of $698K (revenue +17.2% year-over-year).
- 2023: Revenue of $224K, expenses of $213K, and assets of $649K (revenue -31.4% year-over-year).
- 2022: Revenue of $327K, expenses of $309K, and assets of $633K (revenue +60.7% year-over-year).
- 2021: Revenue of $204K, expenses of $246K, and assets of $619K (revenue -0.2% year-over-year).
- 2020: Revenue of $204K, expenses of $212K, and assets of $648K (revenue -18.0% year-over-year).
- 2019: Revenue of $249K, expenses of $218K, and assets of $633K (revenue +43.4% year-over-year).
- 2018: Revenue of $174K, expenses of $159K, and assets of $582K (revenue -3.2% year-over-year).
- 2017: Revenue of $179K, expenses of $151K, and assets of $570K (revenue -0.5% year-over-year).
- 2016: Revenue of $180K, expenses of $167K, and assets of $549K (revenue -10.4% year-over-year).
- 2015: Revenue of $201K, expenses of $167K, and assets of $528K (revenue +13.7% year-over-year).
- 2014: Revenue of $177K, expenses of $190K, and assets of $499K (revenue -12.7% year-over-year).
- 2013: Revenue of $203K, expenses of $189K, and assets of $519K (revenue +144.2% year-over-year).
- 2012: Revenue of $83K, expenses of $83K, and assets of $489K (revenue -53.0% year-over-year).
- 2011: Revenue of $177K, expenses of $169K, and assets of $522K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Point Nipigon On The Straits Resort Club:
Data Sources and Methodology
This transparency report for Point Nipigon On The Straits Resort 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.