Saugatuck Y C Sailing Program
EIN: 383139879 · Saugatuck, MI · NTEE: Z99Z
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $209K |
| Net Assets | $1.3M |
Is Saugatuck Y C Sailing Program Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Saugatuck Y C Sailing Program
Saugatuck Y C Sailing Program (EIN: 383139879) is a nonprofit organization based in Saugatuck, MI, classified under NTEE code Z99Z. The organization reported total revenue of $178K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saugatuck Y C Sailing Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saugatuck Y C Sailing Program is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $209K |
| Surplus / Deficit | $-27,759 |
| Total Assets | $1.3M |
| Total Liabilities | $65K |
| Net Assets | $1.3M |
| Operating Margin | -15.3% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 75.9 months |
Financial Health Grade: B
In 2023, Saugatuck Y C Sailing Program reported a deficit of $28K with expenses exceeding revenue, holds 75.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saugatuck Y C Sailing Program's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.4% | +22.6% | -3.6% |
| 2022 | +9.4% | -0.5% | -1.7% |
| 2021 | -26.0% | +14.7% | -5.9% |
| 2020 | +77.6% | +1.0% | +3.9% |
| 2019 | +24.1% | +3.5% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Saugatuck Y C Sailing Program 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 Saugatuck Y C Sailing Program 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 $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Saugatuck Y C Sailing Program
Is Saugatuck Y C Sailing Program a legitimate charity?
Saugatuck Y C Sailing Program (EIN: 383139879) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $178K. No red flags identified. Financial health grade: B.
How does Saugatuck Y C Sailing Program spend its money?
Saugatuck Y C Sailing Program reported $178K 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 Saugatuck Y C Sailing Program tax-deductible?
Saugatuck Y C Sailing Program is registered as a tax-exempt nonprofit (EIN: 383139879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Saugatuck Y C Sailing Program located?
Saugatuck Y C Sailing Program is headquartered in Saugatuck, Michigan and files with the IRS under EIN 383139879. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Saugatuck Y C Sailing Program have?
Saugatuck Y C Sailing Program 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 $178K in total revenue.
Filing History
IRS 990 filing history for Saugatuck Y C Sailing Program showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saugatuck Y C Sailing Program's revenue has grown by 421.9%, moving from $35K to $181K. Total assets increased by 681.2% over the same period, from $169K to $1.3M. Total functional expenses rose by 320.4%, from $50K to $209K. In its most recent filing year (2023), Saugatuck Y C Sailing Program reported a deficit of $28K, with expenses exceeding revenue. The organization holds $65K in liabilities against $1.3M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $209K | $1.3M | $65K | — | — |
| 2022 | $170K | $170K | $1.4M | $71K | — | View 990 |
| 2021 | $156K | $171K | $1.4M | $100K | — | View 990 |
| 2020 | $210K | $149K | $1.5M | $172K | — | View 990 |
| 2019 | $118K | $148K | $1.4M | $177K | — | View 990 |
| 2018 | $95K | $143K | $1.5M | $178K | — | View 990 |
| 2017 | $128K | $126K | $1.5M | $189K | — | — |
| 2016 | $82K | $116K | $1.5M | $189K | — | View 990 |
| 2015 | $109K | $119K | $1.6M | $196K | — | View 990 |
| 2014 | $146K | $89K | $1.6M | $200K | — | View 990 |
| 2013 | $118K | $39K | $1.3M | $126 | — | View 990 |
| 2012 | $1.1M | $39K | $1.2M | $319 | — | View 990 |
| 2011 | $35K | $50K | $169K | $361 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $209K, and assets of $1.3M (revenue +6.4% year-over-year).
- 2022: Revenue of $170K, expenses of $170K, and assets of $1.4M (revenue +9.4% year-over-year).
- 2021: Revenue of $156K, expenses of $171K, and assets of $1.4M (revenue -26.0% year-over-year).
- 2020: Revenue of $210K, expenses of $149K, and assets of $1.5M (revenue +77.6% year-over-year).
- 2019: Revenue of $118K, expenses of $148K, and assets of $1.4M (revenue +24.1% year-over-year).
- 2018: Revenue of $95K, expenses of $143K, and assets of $1.5M (revenue -25.3% year-over-year).
- 2017: Revenue of $128K, expenses of $126K, and assets of $1.5M (revenue +56.7% year-over-year).
- 2016: Revenue of $82K, expenses of $116K, and assets of $1.5M (revenue -25.0% year-over-year).
- 2015: Revenue of $109K, expenses of $119K, and assets of $1.6M (revenue -25.6% year-over-year).
- 2014: Revenue of $146K, expenses of $89K, and assets of $1.6M (revenue +23.6% year-over-year).
- 2013: Revenue of $118K, expenses of $39K, and assets of $1.3M (revenue -89.3% year-over-year).
- 2012: Revenue of $1.1M, expenses of $39K, and assets of $1.2M (revenue +3076.8% year-over-year).
- 2011: Revenue of $35K, expenses of $50K, and assets of $169K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saugatuck Y C Sailing Program:
Data Sources and Methodology
This transparency report for Saugatuck Y C Sailing Program 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.