Surf Club Of Rye Inc
Surf Club Of Rye Inc maintains stable assets and increasing revenue with no reported officer compensation.
EIN: 10656986 · Hampton, NH · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $715K |
| Total Expenses | $625K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $600,000 |
| Net Assets | $2.6M |
| Transparency Score | 90/100 |
Is Surf Club Of Rye Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Surf Club Of Rye Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Surf Club Of Rye Inc
Surf Club Of Rye Inc (EIN: 10656986) is a nonprofit organization based in Hampton, NH, classified under NTEE code N50. The organization reported total revenue of $715K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Surf Club Of Rye Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Surf Club Of Rye Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $663K |
| Total Expenses | $625K |
| Surplus / Deficit | +$38K |
| Total Assets | $3.7M |
| Total Liabilities | $1.1M |
| Net Assets | $2.6M |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 30.2% |
| Months of Reserves | 71.1 months |
Financial Health Grade: A
In 2023, Surf Club Of Rye Inc reported a surplus of $38K with revenue exceeding expenses, holds 71.1 months of operating reserves (strong position), has a debt-to-asset ratio of 30.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Surf Club Of Rye Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.4% | +13.6% | -0.2% |
| 2022 | +15.1% | +6.3% | +2.2% |
| 2021 | +0.6% | +2.3% | +0.3% |
| 2020 | -5.6% | -4.5% | +0.1% |
| 2019 | +1.9% | -13.4% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Surf Club Of Rye Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Surf Club Of Rye Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with over $600,000 in annual revenue.
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 Surf Club Of Rye Inc:
- Consistent financial stability with assets around $3.7 million.
- Increasing revenue trend, from $581,707 in 2014 to $663,198 in 2023.
- Significant reduction in liabilities over the past decade, from $1,591,729 to $1,118,488.
- 0% reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Expenses generally well-managed and below or close to revenue, leading to surpluses in recent years.
Frequently Asked Questions about Surf Club Of Rye Inc
Is Surf Club Of Rye Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Surf Club Of Rye Inc (EIN: 10656986) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Surf Club Of Rye Inc spend its money?
Surf Club Of Rye Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Surf Club Of Rye Inc tax-deductible?
Surf Club Of Rye Inc is registered as a tax-exempt nonprofit (EIN: 10656986). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Surf Club Of Rye Inc CEO make?
Surf Club Of Rye Inc's highest-compensated officer earns $600,000 annually. The organization reported $715K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Surf Club Of Rye Inc's spending goes to programs?
Surf Club Of Rye Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Surf Club Of Rye Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Surf Club Of Rye 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 Surf Club Of Rye Inc located?
Surf Club Of Rye Inc is headquartered in Hampton, New Hampshire and files with the IRS under EIN 10656986. It is classified under NTEE code N50.
How many years of IRS 990 filings does Surf Club Of Rye Inc have?
Surf Club Of Rye Inc 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 $715K in total revenue.
Is Surf Club Of Rye Inc a good charity?
Based on the available financial data, Surf Club Of Rye Inc appears to be a well-managed organization. It demonstrates financial stability with consistent assets, growing revenue, and decreasing liabilities. The consistent reporting of 0% officer compensation is a strong positive indicator of efficient resource allocation and a focus on its mission.
How has the organization's financial health changed over the last decade?
Over the last decade, Surf Club Of Rye Inc has shown consistent financial health. Assets have remained stable around $3.6-$3.7 million, revenue has generally increased from $581,707 in 2014 to $663,198 in 2023, and liabilities have significantly decreased from $1,591,729 to $1,118,488, indicating improved financial solvency.
What is the trend in the organization's liabilities?
The organization's liabilities have shown a positive downward trend over the past decade, decreasing from $1,591,729 in 2014 to $1,118,488 in 2023. This reduction in debt strengthens the organization's overall financial position.
Filing History
IRS 990 filing history for Surf Club Of Rye Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Surf Club Of Rye Inc's revenue has grown by 26.8%, moving from $523K to $663K. Total assets decreased by 3.8% over the same period, from $3.8M to $3.7M. Total functional expenses rose by 29.6%, from $482K to $625K. In its most recent filing year (2023), Surf Club Of Rye Inc reported a surplus of $38K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $3.7M in assets (debt-to-asset ratio: 30.2%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $663K | $625K | $3.7M | $1.1M | — | View 990 |
| 2022 | $661K | $550K | $3.7M | $1.2M | — | View 990 |
| 2021 | $574K | $517K | $3.6M | $1.2M | — | View 990 |
| 2020 | $570K | $506K | $3.6M | $1.3M | — | — |
| 2019 | $604K | $530K | $3.6M | $1.3M | — | View 990 |
| 2018 | $593K | $612K | $3.6M | $1.4M | — | View 990 |
| 2017 | $597K | $584K | $3.7M | $1.4M | — | View 990 |
| 2016 | $572K | $584K | $3.7M | $1.5M | — | View 990 |
| 2015 | $566K | $601K | $3.7M | $1.6M | — | View 990 |
| 2014 | $582K | $504K | $3.8M | $1.6M | — | View 990 |
| 2013 | $558K | $508K | $3.8M | $1.6M | — | View 990 |
| 2012 | $534K | $463K | $3.8M | $1.7M | — | View 990 |
| 2011 | $523K | $482K | $3.8M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $663K, expenses of $625K, and assets of $3.7M (revenue +0.4% year-over-year).
- 2022: Revenue of $661K, expenses of $550K, and assets of $3.7M (revenue +15.1% year-over-year).
- 2021: Revenue of $574K, expenses of $517K, and assets of $3.6M (revenue +0.6% year-over-year).
- 2020: Revenue of $570K, expenses of $506K, and assets of $3.6M (revenue -5.6% year-over-year).
- 2019: Revenue of $604K, expenses of $530K, and assets of $3.6M (revenue +1.9% year-over-year).
- 2018: Revenue of $593K, expenses of $612K, and assets of $3.6M (revenue -0.7% year-over-year).
- 2017: Revenue of $597K, expenses of $584K, and assets of $3.7M (revenue +4.4% year-over-year).
- 2016: Revenue of $572K, expenses of $584K, and assets of $3.7M (revenue +1.1% year-over-year).
- 2015: Revenue of $566K, expenses of $601K, and assets of $3.7M (revenue -2.7% year-over-year).
- 2014: Revenue of $582K, expenses of $504K, and assets of $3.8M (revenue +4.2% year-over-year).
- 2013: Revenue of $558K, expenses of $508K, and assets of $3.8M (revenue +4.6% year-over-year).
- 2012: Revenue of $534K, expenses of $463K, and assets of $3.8M (revenue +2.0% year-over-year).
- 2011: Revenue of $523K, expenses of $482K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Surf Club Of Rye Inc:
Data Sources and Methodology
This transparency report for Surf Club Of Rye 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.