Talbot Watermen Association Inc
EIN: 473322052 · Bozman, MD · NTEE: K03
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $26K |
| Net Assets | $45K |
Is Talbot Watermen Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Talbot Watermen Association Inc
Talbot Watermen Association Inc (EIN: 473322052) is a nonprofit organization based in Bozman, MD, classified under NTEE code K03. The organization reported total revenue of $110K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Talbot Watermen Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Talbot Watermen Association Inc is a small nonprofit that has been operating for 9 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $26K |
| Surplus / Deficit | +$45K |
| Total Assets | $187K |
| Total Liabilities | $142K |
| Net Assets | $45K |
| Operating Margin | 63.1% |
| Debt-to-Asset Ratio | 76.1% |
| Months of Reserves | 85.9 months |
Financial Health Grade: A
In 2023, Talbot Watermen Association Inc reported a surplus of $45K with revenue exceeding expenses, holds 85.9 months of operating reserves (strong position), has a debt-to-asset ratio of 76.1% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Talbot Watermen Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.3% | +10.8% | +31.5% |
| 2022 | +201.6% | +48.0% | +56.3% |
| 2021 | +86.0% | -32.5% | +10.8% |
| 2020 | -68.1% | -4.7% | -8.5% |
| 2019 | -5.7% | -36.7% | +30.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Talbot Watermen Association Inc 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 Talbot Watermen Association Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.1%.
Frequently Asked Questions about Talbot Watermen Association Inc
Is Talbot Watermen Association Inc a legitimate charity?
Talbot Watermen Association Inc (EIN: 473322052) is a registered tax-exempt nonprofit based in Maryland. It has 9 years of IRS 990 filings on record. Total revenue: $110K. No red flags identified. Financial health grade: A.
How does Talbot Watermen Association Inc spend its money?
Talbot Watermen Association Inc reported $110K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Talbot Watermen Association Inc tax-deductible?
Talbot Watermen Association Inc is registered as a tax-exempt nonprofit (EIN: 473322052). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Talbot Watermen Association Inc located?
Talbot Watermen Association Inc is headquartered in Bozman, Maryland and files with the IRS under EIN 473322052. It is classified under NTEE code K03.
How many years of IRS 990 filings does Talbot Watermen Association Inc have?
Talbot Watermen Association Inc has 9 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 $110K in total revenue.
Filing History
IRS 990 filing history for Talbot Watermen Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Talbot Watermen Association Inc's revenue has grown by 13.7%, moving from $62K to $71K. Total assets increased by 288.3% over the same period, from $48K to $187K. Total functional expenses rose by 84.1%, from $14K to $26K. In its most recent filing year (2023), Talbot Watermen Association Inc reported a surplus of $45K, with revenue exceeding expenses. The organization holds $142K in liabilities against $187K in assets (debt-to-asset ratio: 76.1%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $26K | $187K | $142K | — | — |
| 2022 | $75K | $24K | $142K | $0 | — | — |
| 2021 | $25K | $16K | $91K | $0 | — | — |
| 2020 | $13K | $24K | $82K | $0 | — | View 990 |
| 2019 | $42K | $25K | $90K | $0 | — | View 990 |
| 2018 | $44K | $39K | $69K | $0 | — | View 990 |
| 2017 | $28K | $26K | $68K | $0 | — | View 990 |
| 2016 | $34K | $21K | $61K | $0 | — | View 990 |
| 2015 | $62K | $14K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $26K, and assets of $187K (revenue -5.3% year-over-year).
- 2022: Revenue of $75K, expenses of $24K, and assets of $142K (revenue +201.6% year-over-year).
- 2021: Revenue of $25K, expenses of $16K, and assets of $91K (revenue +86.0% year-over-year).
- 2020: Revenue of $13K, expenses of $24K, and assets of $82K (revenue -68.1% year-over-year).
- 2019: Revenue of $42K, expenses of $25K, and assets of $90K (revenue -5.7% year-over-year).
- 2018: Revenue of $44K, expenses of $39K, and assets of $69K (revenue +57.3% year-over-year).
- 2017: Revenue of $28K, expenses of $26K, and assets of $68K (revenue -16.2% year-over-year).
- 2016: Revenue of $34K, expenses of $21K, and assets of $61K (revenue -46.1% year-over-year).
- 2015: Revenue of $62K, expenses of $14K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Talbot Watermen Association Inc:
Data Sources and Methodology
This transparency report for Talbot Watermen Association 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.