Veterans Cigar Club
EIN: 824260162 · Clinton, MD · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $393K |
| Total Expenses | $287K |
| Net Assets | $100K |
Is Veterans Cigar Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Veterans Cigar Club
Veterans Cigar Club (EIN: 824260162) is a nonprofit organization based in Clinton, MD, classified under NTEE code N50. The organization reported total revenue of $393K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Cigar Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Cigar Club is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 29.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $237K |
| Total Expenses | $287K |
| Surplus / Deficit | $-49,556 |
| Total Assets | $118K |
| Total Liabilities | $18K |
| Net Assets | $100K |
| Operating Margin | -20.9% |
| Debt-to-Asset Ratio | 15.2% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2023, Veterans Cigar Club reported a deficit of $50K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 15.2% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Veterans Cigar Club's revenue has grown at a compound annual growth rate (CAGR) of 29.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.5% | +36.1% | +37.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Veterans Cigar Club 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 Veterans Cigar Club 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 deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.2%.
Frequently Asked Questions about Veterans Cigar Club
Is Veterans Cigar Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Veterans Cigar Club (EIN: 824260162) insufficient data. 0 red flags identified, 0 strengths noted.
How does Veterans Cigar Club spend its money?
Detailed spending breakdown data is not yet available for Veterans Cigar Club. Check back for updated IRS 990 analysis.
Are donations to Veterans Cigar Club tax-deductible?
Veterans Cigar Club is registered as a tax-exempt nonprofit (EIN: 824260162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veterans Cigar Club located?
Veterans Cigar Club is headquartered in Clinton, Maryland and files with the IRS under EIN 824260162. It is classified under NTEE code N50.
How many years of IRS 990 filings does Veterans Cigar Club have?
Veterans Cigar Club has 2 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 $393K in total revenue.
Filing History
IRS 990 filing history for Veterans Cigar Club showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Veterans Cigar Club's revenue has grown by 29.5%, moving from $183K to $237K. Total assets increased by 37% over the same period, from $86K to $118K. Total functional expenses rose by 36.1%, from $211K to $287K. In its most recent filing year (2023), Veterans Cigar Club reported a deficit of $50K, with expenses exceeding revenue. The organization holds $18K in liabilities against $118K in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $100K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $237K | $287K | $118K | $18K | — | View 990 |
| 2022 | $183K | $211K | $86K | $5K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Cigar Club:
Data Sources and Methodology
This transparency report for Veterans Cigar Club 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.