Rehoboth Bay Sailing Association
EIN: 510103673 · Rehoboth Bch, DE
| Metric | Value |
|---|---|
| Total Revenue | $296K |
| Total Expenses | $238K |
| Net Assets | $415K |
Is Rehoboth Bay Sailing Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rehoboth Bay Sailing Association
Rehoboth Bay Sailing Association (EIN: 510103673) is a nonprofit organization based in Rehoboth Bch, DE. The organization reported total revenue of $296K and total assets of $463K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rehoboth Bay Sailing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rehoboth Bay Sailing Association is a small nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $238K |
| Surplus / Deficit | $-5,383 |
| Total Assets | $415K |
| Net Assets | $415K |
| Operating Margin | -2.3% |
| Months of Reserves | 20.9 months |
Financial Health Grade: B
In 2023, Rehoboth Bay Sailing Association reported a deficit of $5K with expenses exceeding revenue, holds 20.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2010–2023), Rehoboth Bay Sailing Association's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.3% | +0.6% | -0.6% |
| 2022 | +29.5% | +3.2% | +13.7% |
| 2021 | +16.7% | +37.8% | +1.5% |
| 2019 | +11.0% | -3.3% | +7.6% |
| 2018 | +6.4% | +1.3% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rehoboth Bay Sailing 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 Rehoboth Bay Sailing 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 deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Rehoboth Bay Sailing Association
Is Rehoboth Bay Sailing Association a legitimate charity?
Rehoboth Bay Sailing Association (EIN: 510103673) is a registered tax-exempt nonprofit based in Delaware. It has 13 years of IRS 990 filings on record. Total revenue: $296K. No red flags identified. Financial health grade: B.
How does Rehoboth Bay Sailing Association spend its money?
Rehoboth Bay Sailing Association reported $296K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rehoboth Bay Sailing Association tax-deductible?
Rehoboth Bay Sailing Association is registered as a tax-exempt nonprofit (EIN: 510103673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rehoboth Bay Sailing Association located?
Rehoboth Bay Sailing Association is headquartered in Rehoboth Bch, Delaware and files with the IRS under EIN 510103673.
How many years of IRS 990 filings does Rehoboth Bay Sailing Association have?
Rehoboth Bay Sailing 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 $296K in total revenue.
Filing History
IRS 990 filing history for Rehoboth Bay Sailing Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Rehoboth Bay Sailing Association's revenue has grown by 68.4%, moving from $138K to $232K. Total assets increased by 118.6% over the same period, from $190K to $415K. Total functional expenses rose by 112.1%, from $112K to $238K. In its most recent filing year (2023), Rehoboth Bay Sailing Association reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $238K | $415K | $0 | — | View 990 |
| 2022 | $292K | $236K | $418K | $0 | — | View 990 |
| 2021 | $225K | $229K | $367K | $5K | — | View 990 |
| 2019 | $193K | $166K | $362K | $14K | — | View 990 |
| 2018 | $174K | $172K | $336K | $8K | — | View 990 |
| 2017 | $163K | $170K | $329K | $16K | — | View 990 |
| 2016 | $165K | $153K | $343K | $24K | — | View 990 |
| 2015 | $200K | $175K | $356K | $31K | — | View 990 |
| 2014 | $193K | $135K | $346K | $52K | — | View 990 |
| 2013 | $162K | $164K | $308K | $54K | — | View 990 |
| 2012 | $132K | $127K | $297K | $42K | — | View 990 |
| 2011 | $123K | $105K | $223K | $233 | — | View 990 |
| 2010 | $138K | $112K | $190K | $378 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $232K, expenses of $238K, and assets of $415K (revenue -20.3% year-over-year).
- 2022: Revenue of $292K, expenses of $236K, and assets of $418K (revenue +29.5% year-over-year).
- 2021: Revenue of $225K, expenses of $229K, and assets of $367K (revenue +16.7% year-over-year).
- 2019: Revenue of $193K, expenses of $166K, and assets of $362K (revenue +11.0% year-over-year).
- 2018: Revenue of $174K, expenses of $172K, and assets of $336K (revenue +6.4% year-over-year).
- 2017: Revenue of $163K, expenses of $170K, and assets of $329K (revenue -0.8% year-over-year).
- 2016: Revenue of $165K, expenses of $153K, and assets of $343K (revenue -17.7% year-over-year).
- 2015: Revenue of $200K, expenses of $175K, and assets of $356K (revenue +3.6% year-over-year).
- 2014: Revenue of $193K, expenses of $135K, and assets of $346K (revenue +19.0% year-over-year).
- 2013: Revenue of $162K, expenses of $164K, and assets of $308K (revenue +23.0% year-over-year).
- 2012: Revenue of $132K, expenses of $127K, and assets of $297K (revenue +7.7% year-over-year).
- 2011: Revenue of $123K, expenses of $105K, and assets of $223K (revenue -11.2% year-over-year).
- 2010: Revenue of $138K, expenses of $112K, and assets of $190K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rehoboth Bay Sailing Association:
Data Sources and Methodology
This transparency report for Rehoboth Bay Sailing 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.