South Shore Yacht Club Junior Sailing Foundation Inc
South Shore Yacht Club Junior Sailing Foundation shows strong asset growth and no officer compensation.
EIN: 200463465 · Milwaukee, WI · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $142K |
| Total Expenses | $112K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $142,482. |
| Net Assets | $157K |
| Transparency Score | 95/100 |
Is South Shore Yacht Club Junior Sailing Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Shore Yacht Club Junior Sailing Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Shore Yacht Club Junior Sailing Foundation Inc
South Shore Yacht Club Junior Sailing Foundation Inc (EIN: 200463465) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code N67. The organization reported total revenue of $142K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Shore Yacht Club Junior Sailing Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Shore Yacht Club Junior Sailing Foundation Inc is a small nonprofit that has been operating for 22 years, with 3 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $121K |
| Total Expenses | $112K |
| Surplus / Deficit | +$9K |
| Total Assets | $157K |
| Net Assets | $157K |
| Operating Margin | 7.3% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, South Shore Yacht Club Junior Sailing Foundation Inc reported a surplus of $9K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +530.3% | +280.9% | +203.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 South Shore Yacht Club Junior Sailing Foundation Inc with a Mission Score of 95 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, South Shore Yacht Club Junior Sailing Foundation Inc 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 surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a volunteer-driven leadership model, which is highly efficient for an organization of this size with latest revenue of $142,482.
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.
Strengths
The following positive indicators were identified for South Shore Yacht Club Junior Sailing Foundation Inc:
- Strong asset growth from $62,074 in 2011 to $157,346 in 2023.
- No reported liabilities across all filing periods, indicating financial stability.
- 0% officer compensation reported in all filings, maximizing program spending.
- Positive revenue trend, especially from 2011 ($-3,107) to 2023 ($121,116).
Frequently Asked Questions about South Shore Yacht Club Junior Sailing Foundation Inc
Is South Shore Yacht Club Junior Sailing Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Shore Yacht Club Junior Sailing Foundation Inc (EIN: 200463465) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does South Shore Yacht Club Junior Sailing Foundation Inc spend its money?
South Shore Yacht Club Junior Sailing Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Shore Yacht Club Junior Sailing Foundation Inc tax-deductible?
South Shore Yacht Club Junior Sailing Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200463465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the South Shore Yacht Club Junior Sailing Foundation Inc CEO make?
South Shore Yacht Club Junior Sailing Foundation Inc's highest-compensated officer earns $142,482. annually. The organization reported $142K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does South Shore Yacht Club Junior Sailing Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), South Shore Yacht Club Junior Sailing Foundation Inc is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Shore Yacht Club Junior Sailing Foundation Inc located?
South Shore Yacht Club Junior Sailing Foundation Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 200463465. It is classified under NTEE code N67.
How many years of IRS 990 filings does South Shore Yacht Club Junior Sailing Foundation Inc have?
South Shore Yacht Club Junior Sailing Foundation Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $142K in total revenue.
Is South Shore Yacht Club Junior Sailing Foundation Inc a good charity?
Based on the provided data, the South Shore Yacht Club Junior Sailing Foundation Inc appears to be a very good charity. It demonstrates strong financial health with growing assets and no liabilities, and its commitment to its mission is highlighted by 0% officer compensation, meaning all funds are directed towards its programs.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue grew from a negative figure in 2011 ($-3,107) to $121,116 in 2023, and assets increased from $62,074 in 2011 to $157,346 in 2023, indicating substantial growth and stability.
What is the organization's approach to executive compensation?
The organization has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This suggests that its leadership is entirely volunteer-based, maximizing the allocation of funds to its programs.
Filing History
IRS 990 filing history for South Shore Yacht Club Junior Sailing Foundation Inc showing financial trends over 3 years of public records:
Total assets increased by 153.5% over the same period, from $62K to $157K. Total functional expenses rose by 2900.1%, from $4K to $112K. In its most recent filing year (2023), South Shore Yacht Club Junior Sailing Foundation Inc reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $121K | $112K | $157K | $0 | — | — |
| 2012 | $19K | $29K | $52K | $0 | — | View 990 |
| 2011 | $-3,107 | $4K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $121K, expenses of $112K, and assets of $157K (revenue +530.3% year-over-year).
- 2012: Revenue of $19K, expenses of $29K, and assets of $52K.
- 2011: Revenue of $-3,107, expenses of $4K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Shore Yacht Club Junior Sailing Foundation Inc:
Data Sources and Methodology
This transparency report for South Shore Yacht Club Junior Sailing Foundation 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.