Sawmill Marina Boating Club
Sawmill Marina Boating Club maintains stable operations with volunteer leadership despite fluctuating revenues and declining assets.
EIN: 202706280 · Wolfeboro Fls, NH · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $52K |
| Program Spending | 90% |
| Net Assets | $245K |
| Transparency Score | 85/100 |
Is Sawmill Marina Boating Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sawmill Marina Boating Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sawmill Marina Boating Club
Sawmill Marina Boating Club (EIN: 202706280) is a nonprofit organization based in Wolfeboro Fls, NH, classified under NTEE code N50. The organization reported total revenue of $105K and total assets of $286K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sawmill Marina Boating Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sawmill Marina Boating Club is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $52K |
| Surplus / Deficit | $-417 |
| Total Assets | $245K |
| Total Liabilities | $528 |
| Net Assets | $245K |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 57.1 months |
Financial Health Grade: B
In 2023, Sawmill Marina Boating Club reported a deficit of $417 with expenses exceeding revenue, holds 57.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sawmill Marina Boating Club's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.1% | -17.3% | -0.2% |
| 2022 | +1.5% | +15.5% | -7.8% |
| 2021 | -14.2% | -2.2% | -4.4% |
| 2020 | -8.2% | -1.9% | -2.3% |
| 2019 | +23.6% | +5.9% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Sawmill Marina Boating Club with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Sawmill Marina Boating Club allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $417, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization is entirely volunteer-run, which significantly minimizes administrative costs.
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 Sawmill Marina Boating Club's IRS 990 filings:
- Consistent decline in total assets over recent years (from $314,370 in 2016 to $245,462 in 2023)
- Significant year-to-year fluctuations in revenue, indicating potential instability in funding sources.
Strengths
The following positive indicators were identified for Sawmill Marina Boating Club:
- Zero officer compensation across all filings, indicating a volunteer-driven model and high efficiency.
- Consistent filing of IRS 990 forms, demonstrating transparency and compliance.
- Maintains a healthy asset base relative to annual expenses, providing financial stability.
- Relatively stable expense levels despite revenue fluctuations, suggesting good cost control.
Frequently Asked Questions about Sawmill Marina Boating Club
Is Sawmill Marina Boating Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Sawmill Marina Boating Club (EIN: 202706280) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Sawmill Marina Boating Club spend its money?
Sawmill Marina Boating Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sawmill Marina Boating Club tax-deductible?
Sawmill Marina Boating Club is registered as a tax-exempt nonprofit (EIN: 202706280). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Sawmill Marina Boating Club compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sawmill Marina Boating Club is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sawmill Marina Boating Club located?
Sawmill Marina Boating Club is headquartered in Wolfeboro Fls, New Hampshire and files with the IRS under EIN 202706280. It is classified under NTEE code N50.
How many years of IRS 990 filings does Sawmill Marina Boating Club have?
Sawmill Marina Boating Club 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 $105K in total revenue.
How does the organization manage its declining asset base?
The organization's assets have decreased from $314,370 in 2016 to $245,462 in 2023. While still substantial, understanding the reasons for this decline (e.g., depreciation, asset sales, or deferred maintenance) would provide insight into long-term financial planning.
What are the primary sources of the fluctuating revenue?
Revenue has varied significantly, from $151,355 in 2016 to $41,578 in 2021. Identifying whether this is due to membership dues, event income, or other contributions would help assess revenue stability and diversification.
What specific activities or programs does the club fund?
The NTEE code N50 (Boating & Sailing) indicates its general purpose, but without detailed expense breakdowns, it's unclear how the consistent expenses (e.g., $51,554 in 2023) are allocated to specific club activities, maintenance, or community engagement.
Filing History
IRS 990 filing history for Sawmill Marina Boating Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sawmill Marina Boating Club's revenue has declined by 1.4%, moving from $52K to $51K. Total assets increased by 169.5% over the same period, from $91K to $245K. Total functional expenses rose by 13.1%, from $46K to $52K. In its most recent filing year (2023), Sawmill Marina Boating Club reported a deficit of $417, with expenses exceeding revenue. The organization holds $528 in liabilities against $245K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $245K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $52K | $245K | $528 | — | — |
| 2022 | $42K | $62K | $246K | $527 | — | View 990 |
| 2021 | $42K | $54K | $267K | $1K | — | — |
| 2020 | $48K | $55K | $279K | $1K | — | View 990 |
| 2019 | $53K | $56K | $286K | $1K | — | View 990 |
| 2018 | $43K | $53K | $289K | $1K | — | View 990 |
| 2017 | $97K | $39K | $298K | $0 | — | View 990 |
| 2016 | $151K | $29K | $314K | $75K | — | View 990 |
| 2015 | $48K | $42K | $118K | $75 | — | View 990 |
| 2014 | $47K | $54K | $108K | $134 | — | View 990 |
| 2013 | $47K | $43K | $102K | $736 | — | View 990 |
| 2012 | $53K | $46K | $98K | $2K | — | View 990 |
| 2011 | $52K | $46K | $91K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $52K, and assets of $245K (revenue +21.1% year-over-year).
- 2022: Revenue of $42K, expenses of $62K, and assets of $246K (revenue +1.5% year-over-year).
- 2021: Revenue of $42K, expenses of $54K, and assets of $267K (revenue -14.2% year-over-year).
- 2020: Revenue of $48K, expenses of $55K, and assets of $279K (revenue -8.2% year-over-year).
- 2019: Revenue of $53K, expenses of $56K, and assets of $286K (revenue +23.6% year-over-year).
- 2018: Revenue of $43K, expenses of $53K, and assets of $289K (revenue -56.2% year-over-year).
- 2017: Revenue of $97K, expenses of $39K, and assets of $298K (revenue -35.6% year-over-year).
- 2016: Revenue of $151K, expenses of $29K, and assets of $314K (revenue +217.8% year-over-year).
- 2015: Revenue of $48K, expenses of $42K, and assets of $118K (revenue +0.4% year-over-year).
- 2014: Revenue of $47K, expenses of $54K, and assets of $108K (revenue +0.8% year-over-year).
- 2013: Revenue of $47K, expenses of $43K, and assets of $102K (revenue -11.3% year-over-year).
- 2012: Revenue of $53K, expenses of $46K, and assets of $98K (revenue +2.3% year-over-year).
- 2011: Revenue of $52K, expenses of $46K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sawmill Marina Boating Club:
Data Sources and Methodology
This transparency report for Sawmill Marina Boating 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.