Rit Campus Club Inc
Rit Campus Club Inc. faces significant financial challenges with liabilities consistently far exceeding assets.
EIN: 161201526 · Rochester, NY · NTEE: B114 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $2.5M |
| Program Spending | 70% |
| Net Assets | $-5,840,944 |
| Transparency Score | 45/100 |
Is Rit Campus Club Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rit Campus Club Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Rit Campus Club Inc
Rit Campus Club Inc (EIN: 161201526) is a nonprofit organization based in Rochester, NY, classified under NTEE code B114. The organization reported total revenue of $5.4M and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rit Campus Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rit Campus Club Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$703K |
| Total Assets | $122K |
| Total Liabilities | $6.0M |
| Net Assets | $-5,840,944 |
| Operating Margin | 22.0% |
| Debt-to-Asset Ratio | 4901.8% |
| Months of Reserves | 0.6 months |
Financial Health Grade: B
In 2023, Rit Campus Club Inc reported a surplus of $703K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 4901.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rit Campus Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.8% | -4.0% | +21.3% |
| 2022 | +56.1% | -7.5% | -12.8% |
| 2021 | -57.2% | -35.6% | +32.6% |
| 2020 | -27.3% | -6.4% | -48.9% |
| 2019 | -6.4% | +14.2% | -25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Rit Campus Club Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Rit Campus Club Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $703K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4901.8%.
Executive Compensation Analysis
Rit Campus Club Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for minimizing overhead in this area.
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.
Red Flags
The following concerns were identified during AI analysis of Rit Campus Club Inc's IRS 990 filings:
- High and growing liabilities relative to assets, indicating potential solvency issues (e.g., 2023 liabilities $5,962,585 vs. assets $121,641).
- Frequent operational deficits where expenses exceed revenue in multiple filing periods (e.g., 2022, 2021, 2020, 2019, 2017, 2016, 2015, 2014).
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Rit Campus Club Inc:
- Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing executive overhead.
- Recent revenue growth from $1,266,404 in 2021 to $3,199,216 in 2023, indicating increased financial activity and potential for fundraising.
Frequently Asked Questions about Rit Campus Club Inc
Is Rit Campus Club Inc a legitimate charity?
Rit Campus Club Inc (EIN: 161201526) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.4M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Rit Campus Club Inc spend its money?
Rit Campus Club Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Rit Campus Club Inc tax-deductible?
Rit Campus Club Inc is registered as a tax-exempt nonprofit (EIN: 161201526). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rit Campus Club Inc's spending goes to programs?
Rit Campus Club Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Rit Campus Club Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Rit Campus Club Inc is near average for NTEE category B114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rit Campus Club Inc located?
Rit Campus Club Inc is headquartered in Rochester, New York and files with the IRS under EIN 161201526. It is classified under NTEE code B114.
How many years of IRS 990 filings does Rit Campus Club Inc have?
Rit Campus 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 $5.4M in total revenue.
Why are liabilities consistently so much higher than assets?
The filings show a persistent and growing gap, with liabilities reaching $5,962,585 in 2023 against assets of only $121,641. This significant imbalance needs clarification regarding its nature (e.g., long-term debt, deferred revenue) and the organization's plan to address it.
What is the detailed breakdown of expenses (program, administrative, fundraising)?
Without a functional expense breakdown, it's difficult to assess the efficiency of spending. The available data only provides total expenses, making it hard to determine how much directly supports the mission versus overhead.
How does the organization plan to achieve long-term financial sustainability given recurring operational deficits?
In several years, such as 2022 ($1,977,130 revenue vs. $2,599,703 expenses) and 2021 ($1,266,404 revenue vs. $2,810,237 expenses), expenses exceeded revenue. This trend, combined with high liabilities, raises concerns about the organization's ability to sustain operations without significant changes.
Filing History
IRS 990 filing history for Rit Campus Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rit Campus Club Inc's revenue has grown by 33%, moving from $2.4M to $3.2M. Total assets increased by 90.1% over the same period, from $64K to $122K. Total functional expenses fell by 14.2%, from $2.9M to $2.5M. In its most recent filing year (2023), Rit Campus Club Inc reported a surplus of $703K, with revenue exceeding expenses. The organization holds $6.0M in liabilities against $122K in assets (debt-to-asset ratio: 4901.8%), resulting in net assets of $-5,840,944.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.5M | $122K | $6.0M | — | View 990 |
| 2022 | $2.0M | $2.6M | $100K | $6.6M | — | View 990 |
| 2021 | $1.3M | $2.8M | $115K | $6.0M | — | View 990 |
| 2020 | $3.0M | $4.4M | $87K | $4.5M | — | View 990 |
| 2019 | $4.1M | $4.7M | $170K | $3.1M | — | View 990 |
| 2018 | $4.3M | $4.1M | $229K | $2.6M | — | View 990 |
| 2017 | $4.7M | $4.8M | $79K | $2.7M | — | View 990 |
| 2016 | $4.5M | $4.8M | $85K | $2.6M | — | View 990 |
| 2015 | $4.2M | $4.3M | $76K | $2.3M | — | View 990 |
| 2014 | $3.7M | $3.8M | $66K | $2.2M | — | View 990 |
| 2013 | $3.3M | $3.9M | $65K | $2.0M | — | View 990 |
| 2012 | $3.0M | $3.9M | $68K | $1.5M | — | View 990 |
| 2011 | $2.4M | $2.9M | $64K | $564K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.5M, and assets of $122K (revenue +61.8% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.6M, and assets of $100K (revenue +56.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $2.8M, and assets of $115K (revenue -57.2% year-over-year).
- 2020: Revenue of $3.0M, expenses of $4.4M, and assets of $87K (revenue -27.3% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.7M, and assets of $170K (revenue -6.4% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.1M, and assets of $229K (revenue -6.8% year-over-year).
- 2017: Revenue of $4.7M, expenses of $4.8M, and assets of $79K (revenue +2.7% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.8M, and assets of $85K (revenue +8.5% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.3M, and assets of $76K (revenue +13.9% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.8M, and assets of $66K (revenue +10.0% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.9M, and assets of $65K (revenue +12.8% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.9M, and assets of $68K (revenue +23.1% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.9M, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rit Campus Club Inc:
Data Sources and Methodology
This transparency report for Rit Campus 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.