White River Yacht Club Foundation
EIN: 463051772 · Indianapolis, IN · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $305K |
| Total Expenses | $114K |
| Net Assets | $200K |
Is White River Yacht Club Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About White River Yacht Club Foundation
White River Yacht Club Foundation (EIN: 463051772) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code Z99. The organization reported total revenue of $305K and total assets of $403K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of White River Yacht Club Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
White River Yacht Club Foundation is a small nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of -8.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $114K |
| Surplus / Deficit | $-4,107 |
| Total Assets | $200K |
| Net Assets | $200K |
| Operating Margin | -3.7% |
| Months of Reserves | 21.0 months |
Financial Health Grade: B
In 2024, White River Yacht Club Foundation reported a deficit of $4K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2023–2024), White River Yacht Club Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -8.2% | +45.7% | +38.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for White River Yacht Club Foundation 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 White River Yacht Club Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about White River Yacht Club Foundation
Is White River Yacht Club Foundation a legitimate charity?
White River Yacht Club Foundation (EIN: 463051772) is a registered tax-exempt nonprofit based in Indiana. It has 2 years of IRS 990 filings on record. Total revenue: $305K. No red flags identified. Financial health grade: B.
How does White River Yacht Club Foundation spend its money?
White River Yacht Club Foundation reported $305K in total revenue 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 White River Yacht Club Foundation tax-deductible?
White River Yacht Club Foundation is registered as a tax-exempt nonprofit (EIN: 463051772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is White River Yacht Club Foundation located?
White River Yacht Club Foundation is headquartered in Indianapolis, Indiana and files with the IRS under EIN 463051772. It is classified under NTEE code Z99.
How many years of IRS 990 filings does White River Yacht Club Foundation have?
White River Yacht Club Foundation 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 $305K in total revenue.
Filing History
IRS 990 filing history for White River Yacht Club Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), White River Yacht Club Foundation's revenue has declined by 8.2%, moving from $120K to $110K. Total assets increased by 38.9% over the same period, from $144K to $200K. Total functional expenses rose by 45.7%, from $78K to $114K. In its most recent filing year (2024), White River Yacht Club Foundation reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $110K | $114K | $200K | $0 | — | — |
| 2023 | $120K | $78K | $144K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for White River Yacht Club Foundation:
Data Sources and Methodology
This transparency report for White River Yacht Club Foundation 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.