Seacoast Ski Club
Seacoast Ski Club: Strong Program Spending, Limited Transparency
EIN: 223009265 · Portsmouth, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| Net Assets | $182K |
| Transparency Score | 75/100 |
Is Seacoast Ski Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seacoast Ski Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seacoast Ski Club
Seacoast Ski Club (EIN: 223009265) is a nonprofit organization based in Portsmouth, NH. The organization reported total revenue of $1.7M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Ski Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast Ski Club is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$25K |
| Total Assets | $861K |
| Total Liabilities | $679K |
| Net Assets | $182K |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 78.9% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2024, Seacoast Ski Club reported a surplus of $25K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 78.9% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Seacoast Ski Club's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +20.1% | +17.5% | +23.9% |
| 2023 | +62.2% | +72.6% | +14.4% |
| 2022 | +392.0% | +304.5% | +70.1% |
| 2021 | -83.3% | -80.5% | +0.8% |
| 2020 | -3.3% | -4.3% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Seacoast Ski Club with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Seacoast Ski Club allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.9%.
Executive Compensation Analysis
Executive compensation is not individually itemized in available filings, making it difficult to assess specific salaries.
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 Seacoast Ski Club's IRS 990 filings:
- Lack of detailed breakdown for program expenses in public filings.
- Absence of specific executive compensation figures for individual roles.
Strengths
The following positive indicators were identified for Seacoast Ski Club:
- Consistently high percentage of expenses allocated to programs (e.g., 90% in 2024).
- Healthy asset growth over the past several years, indicating financial stability.
- Positive net income in most recent fiscal year (2024: $24,928).
Frequently Asked Questions about Seacoast Ski Club
Is Seacoast Ski Club a legitimate charity?
Seacoast Ski Club (EIN: 223009265) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Seacoast Ski Club spend its money?
Seacoast Ski Club directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Seacoast Ski Club tax-deductible?
Seacoast Ski Club is registered as a tax-exempt nonprofit (EIN: 223009265). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seacoast Ski Club's spending goes to programs?
Seacoast Ski Club directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Seacoast Ski Club located?
Seacoast Ski Club is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 223009265.
How many years of IRS 990 filings does Seacoast Ski Club have?
Seacoast Ski 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 $1.7M in total revenue.
What does Seacoast Ski Club do?
Seacoast Ski Club is a nonprofit organization in the Unknown sector, located in Portsmouth, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Seacoast Ski Club have?
Seacoast Ski Club reported total revenue of $1,743,321. Based on 13 IRS 990 filings on record.
What are Seacoast Ski Club's total assets?
Seacoast Ski Club holds total assets of $1,074,789 as reported in IRS 990 filings.
Where is Seacoast Ski Club located?
Seacoast Ski Club is based in Portsmouth, New Hampshire.
What is Seacoast Ski Club's EIN?
Seacoast Ski Club's Employer Identification Number (EIN) is 223009265. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Seacoast Ski Club?
Seacoast Ski Club is classified under NTEE code Unknown (Unknown).
Is Seacoast Ski Club a registered 501(c)(3)?
Seacoast Ski Club appears in IRS records (EIN: 223009265). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Seacoast Ski Club file IRS Form 990?
Yes, Seacoast Ski Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202404.
What was Seacoast Ski Club's revenue in 2024?
In the 202404 filing period, Seacoast Ski Club reported total revenue of $1,448,430, total expenses of $1,423,402, and net assets of $860,787.
Is Seacoast Ski Club's revenue growing or declining?
Seacoast Ski Club's revenue is growing. Revenue went from $1,206,376 (202304) to $1,448,430 (202404), a +20.1% change. Based on 13 filings on record.
What is Seacoast Ski Club's most recent 990 filing?
The most recent IRS Form 990 filing for Seacoast Ski Club covers tax period 202404. It shows revenue of $1,448,430, expenses of $1,423,402, total assets of $860,787, and liabilities of $679,053.
How much does Seacoast Ski Club spend on programs vs administration?
Based on IRS 990 analysis, Seacoast Ski Club allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Seacoast Ski Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Seacoast Ski Club appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Seacoast Ski Club?
The following concerns were identified: Lack of detailed breakdown for program expenses in public filings.. Absence of specific executive compensation figures for individual roles.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Seacoast Ski Club's strengths?
Positive indicators for Seacoast Ski Club include: Consistently high percentage of expenses allocated to programs (e.g., 90% in 2024).. Healthy asset growth over the past several years, indicating financial stability.. Positive net income in most recent fiscal year (2024: $24,928).. These findings are derived from AI analysis of the organization's financial filings.
How does Seacoast Ski Club compensate executives?
Executive compensation is not individually itemized in available filings, making it difficult to assess specific salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' in the filings, what does this indicate about the organization's fundraising costs?
The 'c0%' likely indicates that the organization reports 0% of its revenue is spent on professional fundraising services, suggesting in-house or volunteer-driven fundraising efforts.
How has the organization's financial position changed over the past five years, specifically regarding assets and liabilities?
Over the past five years (2020-2024), assets have grown significantly from $354,310 to $860,787, while liabilities have also increased from $212,780 to $679,053, indicating expansion but also increased financial obligations.
Filing History
IRS 990 filing history for Seacoast Ski Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Seacoast Ski Club's revenue has grown by 328.8%, moving from $338K to $1.4M. Total assets increased by 634.8% over the same period, from $117K to $861K. Total functional expenses rose by 355%, from $313K to $1.4M. In its most recent filing year (2024), Seacoast Ski Club reported a surplus of $25K, with revenue exceeding expenses. The organization holds $679K in liabilities against $861K in assets (debt-to-asset ratio: 78.9%), resulting in net assets of $182K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.4M | $861K | $679K | — | View 990 |
| 2023 | $1.2M | $1.2M | $695K | $538K | — | — |
| 2022 | $744K | $702K | $608K | $446K | — | View 990 |
| 2021 | $151K | $173K | $357K | $238K | — | View 990 |
| 2020 | $907K | $887K | $354K | $213K | — | View 990 |
| 2019 | $938K | $928K | $321K | $200K | — | View 990 |
| 2018 | $600K | $587K | $400K | $289K | — | View 990 |
| 2017 | $523K | $510K | $172K | $73K | — | View 990 |
| 2016 | $646K | $637K | $94K | $7K | — | View 990 |
| 2015 | $479K | $490K | $168K | $90K | — | View 990 |
| 2014 | $535K | $531K | $129K | $55K | — | View 990 |
| 2013 | $390K | $394K | $96K | $26K | — | View 990 |
| 2012 | $338K | $313K | $117K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.4M, expenses of $1.4M, and assets of $861K (revenue +20.1% year-over-year).
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $695K (revenue +62.2% year-over-year).
- 2022: Revenue of $744K, expenses of $702K, and assets of $608K (revenue +392.0% year-over-year).
- 2021: Revenue of $151K, expenses of $173K, and assets of $357K (revenue -83.3% year-over-year).
- 2020: Revenue of $907K, expenses of $887K, and assets of $354K (revenue -3.3% year-over-year).
- 2019: Revenue of $938K, expenses of $928K, and assets of $321K (revenue +56.4% year-over-year).
- 2018: Revenue of $600K, expenses of $587K, and assets of $400K (revenue +14.7% year-over-year).
- 2017: Revenue of $523K, expenses of $510K, and assets of $172K (revenue -19.0% year-over-year).
- 2016: Revenue of $646K, expenses of $637K, and assets of $94K (revenue +34.8% year-over-year).
- 2015: Revenue of $479K, expenses of $490K, and assets of $168K (revenue -10.5% year-over-year).
- 2014: Revenue of $535K, expenses of $531K, and assets of $129K (revenue +37.0% year-over-year).
- 2013: Revenue of $390K, expenses of $394K, and assets of $96K (revenue +15.6% year-over-year).
- 2012: Revenue of $338K, expenses of $313K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast Ski Club:
Data Sources and Methodology
This transparency report for Seacoast Ski 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.