Snug Harbor East Matunuck Civic Association
EIN: 50455931 · Wakefield, RI · NTEE: B82
| Metric | Value |
|---|---|
| Total Expenses | $15K |
| Net Assets | $30K |
Is Snug Harbor East Matunuck Civic Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Snug Harbor East Matunuck Civic Association
Snug Harbor East Matunuck Civic Association (EIN: 50455931) is a nonprofit organization based in Wakefield, RI, classified under NTEE code B82. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Snug Harbor East Matunuck Civic Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Snug Harbor East Matunuck Civic Association is a micro nonprofit that has been operating for 17 years, with 2 years of IRS 990 filings on record (2012–2013). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $15K |
| Surplus / Deficit | $-1,422 |
| Total Assets | $30K |
| Net Assets | $30K |
| Operating Margin | -10.6% |
| Months of Reserves | 24.3 months |
Financial Health Grade: B
In 2013, Snug Harbor East Matunuck Civic Association reported a deficit of $1K with expenses exceeding revenue, holds 24.3 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2012–2013), Snug Harbor East Matunuck Civic Association's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -1.2% | +20.7% | +334.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Snug Harbor East Matunuck Civic Association 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 Snug Harbor East Matunuck Civic Association 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Frequently Asked Questions about Snug Harbor East Matunuck Civic Association
Is Snug Harbor East Matunuck Civic Association a legitimate charity?
Snug Harbor East Matunuck Civic Association (EIN: 50455931) is a registered tax-exempt nonprofit based in Rhode Island. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Snug Harbor East Matunuck Civic Association spend its money?
Snug Harbor East Matunuck Civic Association reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Snug Harbor East Matunuck Civic Association tax-deductible?
Snug Harbor East Matunuck Civic Association is registered as a tax-exempt nonprofit (EIN: 50455931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Snug Harbor East Matunuck Civic Association located?
Snug Harbor East Matunuck Civic Association is headquartered in Wakefield, Rhode Island and files with the IRS under EIN 50455931. It is classified under NTEE code B82.
How many years of IRS 990 filings does Snug Harbor East Matunuck Civic Association have?
Snug Harbor East Matunuck Civic Association has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Snug Harbor East Matunuck Civic Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2012–2013), Snug Harbor East Matunuck Civic Association's revenue has declined by 1.2%, moving from $14K to $13K. Total assets increased by 334.8% over the same period, from $7K to $30K. Total functional expenses rose by 20.7%, from $12K to $15K. In its most recent filing year (2013), Snug Harbor East Matunuck Civic Association reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $13K | $15K | $30K | $0 | — | View 990 |
| 2012 | $14K | $12K | $7K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Snug Harbor East Matunuck Civic Association:
Data Sources and Methodology
This transparency report for Snug Harbor East Matunuck Civic Association 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.