Sikorsky Ski Club Inc

Sikorsky Ski Club Inc. maintains stable operations with declining assets and no reported officer compensation.

EIN: 200077634 · Stratford, CT · NTEE: N50 · Updated: 2026-03-28

$59KRevenue
$209KAssets
70/100Mission Score (Good)
N50
Sikorsky Ski Club Inc Financial Summary
MetricValue
Total Revenue$59K
Total Expenses$39K
Program Spending80%
Net Assets$45K
Transparency Score70/100

Is Sikorsky Ski Club Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Sikorsky Ski Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sikorsky Ski Club Inc

Sikorsky Ski Club Inc (EIN: 200077634) is a nonprofit organization based in Stratford, CT, classified under NTEE code N50. The organization reported total revenue of $59K and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sikorsky Ski Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
MicroSize Classification
6Years of Filings
MixedRevenue Trajectory

Sikorsky Ski Club Inc is a micro nonprofit that has been operating for 22 years, with 6 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -0.6%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$38K
Total Expenses$39K
Surplus / Deficit$-345
Total Assets$278K
Total Liabilities$233K
Net Assets$45K
Operating Margin-0.9%
Debt-to-Asset Ratio83.8%
Months of Reserves85.9 months

Financial Health Grade: C

In 2020, Sikorsky Ski Club Inc reported a deficit of $345 with expenses exceeding revenue, holds 85.9 months of operating reserves (strong position), has a debt-to-asset ratio of 83.8% (high leverage).

Financial Trends

Over 6 years of filings (2011–2020), Sikorsky Ski Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.

YearRevenue ChangeExpense ChangeAsset Change
2020-2.0%-17.8%-0.9%
2015-29.6%+3.5%-10.3%
2014+34.3%+3.6%+5.4%
2013+21.4%+6.6%-6.9%
2012-16.2%+0.3%-1.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Sikorsky Ski Club Inc. operates with a relatively stable financial profile, consistently reporting revenues and expenses in the range of $34,000 to $59,000 over the past decade. The organization's assets have shown a gradual decline from $323,770 in 2011 to $208,591 currently, while liabilities have also decreased, indicating a managed reduction in overall financial scale. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership structure, which is a positive indicator for donor confidence as funds are not being diverted to executive salaries. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising efforts. The organization's consistent filing of IRS Form 990 demonstrates a commitment to basic financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sikorsky Ski Club Inc with a Mission Score of 70 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Sikorsky Ski Club Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

$38KTotal Revenue
$39KTotal Expenses
$278KTotal Assets
$233KTotal Liabilities
$45KNet Assets
  • The organization reported a deficit of $345, with expenses exceeding revenue.
  • Debt-to-asset ratio: 83.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is commendable for an organization of its size.

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 Sikorsky Ski Club Inc's IRS 990 filings:

  • Lack of detailed expense breakdown in available data to fully assess program efficiency.

Strengths

The following positive indicators were identified for Sikorsky Ski Club Inc:

  • Consistent 0% officer compensation, indicating volunteer leadership.
  • Regular IRS 990 filings, demonstrating basic transparency.
  • Stable revenue and expense levels over a decade.
  • Managed reduction in liabilities alongside asset decline.

Frequently Asked Questions about Sikorsky Ski Club Inc

Is Sikorsky Ski Club Inc a legitimate charity?

Sikorsky Ski Club Inc (EIN: 200077634) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 70/100. It has 6 years of IRS 990 filings on record. Total revenue: $59K. 1 red flag identified. 4 strengths noted. Financial health grade: C.

How does Sikorsky Ski Club Inc spend its money?

Sikorsky Ski Club Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Sikorsky Ski Club Inc tax-deductible?

Sikorsky Ski Club Inc is registered as a tax-exempt nonprofit (EIN: 200077634). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Sikorsky Ski Club Inc's spending goes to programs?

Sikorsky Ski Club Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Sikorsky Ski Club Inc compare to similar nonprofits?

With a transparency score of 70/100 (Good), Sikorsky Ski Club Inc 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 Sikorsky Ski Club Inc located?

Sikorsky Ski Club Inc is headquartered in Stratford, Connecticut and files with the IRS under EIN 200077634. It is classified under NTEE code N50.

How many years of IRS 990 filings does Sikorsky Ski Club Inc have?

Sikorsky Ski Club Inc has 6 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 $59K in total revenue.

Is Sikorsky Ski Club Inc. a good charity?

Based on the available data, Sikorsky Ski Club Inc. appears to be a well-managed, volunteer-led organization with no reported officer compensation. Its consistent financial reporting and stable operations suggest it effectively serves its mission, though a detailed expense breakdown would provide more insight into program efficiency.

What is the trend in the organization's assets?

The organization's assets have shown a declining trend, from $323,770 in 2011 to $208,591 currently, representing a decrease of approximately 35% over the period.

How does the organization manage its liabilities?

Liabilities have also decreased over time, from $300,599 in 2011 to $233,153 in 2020, indicating a responsible approach to debt management in line with its asset reduction.

Filing History

IRS 990 filing history for Sikorsky Ski Club Inc showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2011–2020), Sikorsky Ski Club Inc's revenue has declined by 5.7%, moving from $41K to $38K. Total assets decreased by 14.1% over the same period, from $324K to $278K. Total functional expenses fell by 5.9%, from $41K to $39K. In its most recent filing year (2020), Sikorsky Ski Club Inc reported a deficit of $345, with expenses exceeding revenue. The organization holds $233K in liabilities against $278K in assets (debt-to-asset ratio: 83.8%), resulting in net assets of $45K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $38K $39K $278K $233K View 990
2015 $39K $47K $281K $265K View 990
2014 $56K $46K $313K $290K View 990
2013 $42K $44K $297K $284K View 990
2012 $34K $41K $319K $303K View 990
2011 $41K $41K $324K $301K View 990

Year-by-Year Financial Summary

  • 2020: Revenue of $38K, expenses of $39K, and assets of $278K (revenue -2.0% year-over-year).
  • 2015: Revenue of $39K, expenses of $47K, and assets of $281K (revenue -29.6% year-over-year).
  • 2014: Revenue of $56K, expenses of $46K, and assets of $313K (revenue +34.3% year-over-year).
  • 2013: Revenue of $42K, expenses of $44K, and assets of $297K (revenue +21.4% year-over-year).
  • 2012: Revenue of $34K, expenses of $41K, and assets of $319K (revenue -16.2% year-over-year).
  • 2011: Revenue of $41K, expenses of $41K, and assets of $324K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Sikorsky Ski Club Inc:

2020 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Sikorsky Ski 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.

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