Raleigh Ski And Outing Club Inc
EIN: 581720885 · Raleigh, NC
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $216K |
| Net Assets | $46K |
Is Raleigh Ski And Outing Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Raleigh Ski And Outing Club Inc
Raleigh Ski And Outing Club Inc (EIN: 581720885) is a nonprofit organization based in Raleigh, NC. The organization reported total revenue of $186K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raleigh Ski And Outing Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raleigh Ski And Outing Club Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $216K |
| Surplus / Deficit | +$9K |
| Total Assets | $52K |
| Total Liabilities | $6K |
| Net Assets | $46K |
| Operating Margin | 4.1% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2024, Raleigh Ski And Outing Club Inc reported a surplus of $9K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Raleigh Ski And Outing Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +35.5% | +24.8% | -13.2% |
| 2023 | +60.7% | +59.6% | -8.4% |
| 2022 | +324.5% | +321.7% | -7.3% |
| 2021 | -80.1% | -78.6% | +13.7% |
| 2020 | +3.0% | +2.6% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Raleigh Ski And Outing Club Inc 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 Raleigh Ski And Outing Club Inc 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 $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about Raleigh Ski And Outing Club Inc
Is Raleigh Ski And Outing Club Inc a legitimate charity?
Raleigh Ski And Outing Club Inc (EIN: 581720885) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $186K. No red flags identified. Financial health grade: A.
How does Raleigh Ski And Outing Club Inc spend its money?
Raleigh Ski And Outing Club Inc reported $186K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Raleigh Ski And Outing Club Inc tax-deductible?
Raleigh Ski And Outing Club Inc is registered as a tax-exempt nonprofit (EIN: 581720885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Raleigh Ski And Outing Club Inc located?
Raleigh Ski And Outing Club Inc is headquartered in Raleigh, North Carolina and files with the IRS under EIN 581720885.
How many years of IRS 990 filings does Raleigh Ski And Outing Club Inc have?
Raleigh Ski And Outing Club Inc 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 $186K in total revenue.
Filing History
IRS 990 filing history for Raleigh Ski And Outing Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Raleigh Ski And Outing Club Inc's revenue has grown by 50.2%, moving from $150K to $226K. Total assets decreased by 3.1% over the same period, from $53K to $52K. Total functional expenses rose by 48.6%, from $146K to $216K. In its most recent filing year (2024), Raleigh Ski And Outing Club Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $6K in liabilities against $52K in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $226K | $216K | $52K | $6K | — | View 990 |
| 2023 | $167K | $173K | $60K | $5K | — | — |
| 2022 | $104K | $109K | $65K | $7K | — | View 990 |
| 2021 | $24K | $26K | $70K | $7K | — | View 990 |
| 2020 | $123K | $120K | $62K | $6K | — | View 990 |
| 2019 | $119K | $117K | $61K | $8K | — | View 990 |
| 2018 | $118K | $111K | $59K | $7K | — | View 990 |
| 2017 | $134K | $136K | $55K | $9K | — | View 990 |
| 2016 | $190K | $199K | $57K | $9K | — | View 990 |
| 2015 | $146K | $126K | $67K | $9K | — | View 990 |
| 2014 | $150K | $154K | $48K | $10K | — | View 990 |
| 2013 | $114K | $113K | $53K | $10K | — | — |
| 2012 | $150K | $146K | $53K | $11K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $226K, expenses of $216K, and assets of $52K (revenue +35.5% year-over-year).
- 2023: Revenue of $167K, expenses of $173K, and assets of $60K (revenue +60.7% year-over-year).
- 2022: Revenue of $104K, expenses of $109K, and assets of $65K (revenue +324.5% year-over-year).
- 2021: Revenue of $24K, expenses of $26K, and assets of $70K (revenue -80.1% year-over-year).
- 2020: Revenue of $123K, expenses of $120K, and assets of $62K (revenue +3.0% year-over-year).
- 2019: Revenue of $119K, expenses of $117K, and assets of $61K (revenue +1.3% year-over-year).
- 2018: Revenue of $118K, expenses of $111K, and assets of $59K (revenue -12.5% year-over-year).
- 2017: Revenue of $134K, expenses of $136K, and assets of $55K (revenue -29.1% year-over-year).
- 2016: Revenue of $190K, expenses of $199K, and assets of $57K (revenue +29.9% year-over-year).
- 2015: Revenue of $146K, expenses of $126K, and assets of $67K (revenue -2.6% year-over-year).
- 2014: Revenue of $150K, expenses of $154K, and assets of $48K (revenue +31.8% year-over-year).
- 2013: Revenue of $114K, expenses of $113K, and assets of $53K (revenue -24.3% year-over-year).
- 2012: Revenue of $150K, expenses of $146K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raleigh Ski And Outing Club Inc:
Data Sources and Methodology
This transparency report for Raleigh Ski And Outing Club Inc 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.