Winnipesaukee Yacht Club Inc
EIN: 26012477 · Laconia, NH
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $167K |
| Net Assets | $475K |
Is Winnipesaukee Yacht Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Winnipesaukee Yacht Club Inc
Winnipesaukee Yacht Club Inc (EIN: 26012477) is a nonprofit organization based in Laconia, NH. The organization reported total revenue of $117K and total assets of $463K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winnipesaukee Yacht Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winnipesaukee Yacht Club Inc is a small nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $125K |
| Total Expenses | $167K |
| Surplus / Deficit | $-42,146 |
| Total Assets | $475K |
| Net Assets | $475K |
| Operating Margin | -33.8% |
| Months of Reserves | 34.2 months |
Financial Health Grade: B
In 2023, Winnipesaukee Yacht Club Inc reported a deficit of $42K with expenses exceeding revenue, holds 34.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Winnipesaukee Yacht Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.3% | +70.3% | -1.2% |
| 2022 | +1.7% | +23.0% | +0.7% |
| 2021 | +15.9% | +2.3% | +2.4% |
| 2020 | -50.1% | -16.8% | -0.6% |
| 2019 | +40.2% | -6.5% | +16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1960 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Winnipesaukee Yacht Club 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 Winnipesaukee Yacht Club 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 deficit of $42K, with expenses exceeding revenue.
Frequently Asked Questions about Winnipesaukee Yacht Club Inc
Is Winnipesaukee Yacht Club Inc a legitimate charity?
Winnipesaukee Yacht Club Inc (EIN: 26012477) is a registered tax-exempt nonprofit based in New Hampshire. It has 13 years of IRS 990 filings on record. Total revenue: $117K. No red flags identified. Financial health grade: B.
How does Winnipesaukee Yacht Club Inc spend its money?
Winnipesaukee Yacht Club Inc reported $117K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Winnipesaukee Yacht Club Inc tax-deductible?
Winnipesaukee Yacht Club Inc is registered as a tax-exempt nonprofit (EIN: 26012477). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Winnipesaukee Yacht Club Inc located?
Winnipesaukee Yacht Club Inc is headquartered in Laconia, New Hampshire and files with the IRS under EIN 26012477.
How many years of IRS 990 filings does Winnipesaukee Yacht Club Inc have?
Winnipesaukee Yacht Club 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 $117K in total revenue.
Filing History
IRS 990 filing history for Winnipesaukee Yacht Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Winnipesaukee Yacht Club Inc's revenue has grown by 19%, moving from $105K to $125K. Total assets increased by 16.1% over the same period, from $409K to $475K. Total functional expenses rose by 117.4%, from $77K to $167K. In its most recent filing year (2023), Winnipesaukee Yacht Club Inc reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $125K | $167K | $475K | $0 | — | View 990 |
| 2022 | $101K | $98K | $481K | $0 | — | — |
| 2021 | $99K | $80K | $478K | $0 | — | View 990 |
| 2020 | $86K | $78K | $467K | $9K | — | — |
| 2019 | $172K | $94K | $470K | $19K | — | View 990 |
| 2018 | $123K | $100K | $405K | $33K | — | View 990 |
| 2017 | $120K | $99K | $392K | $42K | — | View 990 |
| 2016 | $109K | $106K | $380K | $51K | — | View 990 |
| 2015 | $104K | $108K | $385K | $60K | — | View 990 |
| 2014 | $122K | $115K | $401K | $67K | — | View 990 |
| 2013 | $110K | $103K | $396K | $75K | — | View 990 |
| 2012 | $167K | $109K | $397K | $82K | — | View 990 |
| 2011 | $105K | $77K | $409K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $125K, expenses of $167K, and assets of $475K (revenue +23.3% year-over-year).
- 2022: Revenue of $101K, expenses of $98K, and assets of $481K (revenue +1.7% year-over-year).
- 2021: Revenue of $99K, expenses of $80K, and assets of $478K (revenue +15.9% year-over-year).
- 2020: Revenue of $86K, expenses of $78K, and assets of $467K (revenue -50.1% year-over-year).
- 2019: Revenue of $172K, expenses of $94K, and assets of $470K (revenue +40.2% year-over-year).
- 2018: Revenue of $123K, expenses of $100K, and assets of $405K (revenue +2.4% year-over-year).
- 2017: Revenue of $120K, expenses of $99K, and assets of $392K (revenue +9.5% year-over-year).
- 2016: Revenue of $109K, expenses of $106K, and assets of $380K (revenue +4.6% year-over-year).
- 2015: Revenue of $104K, expenses of $108K, and assets of $385K (revenue -14.3% year-over-year).
- 2014: Revenue of $122K, expenses of $115K, and assets of $401K (revenue +10.5% year-over-year).
- 2013: Revenue of $110K, expenses of $103K, and assets of $396K (revenue -33.8% year-over-year).
- 2012: Revenue of $167K, expenses of $109K, and assets of $397K (revenue +59.0% year-over-year).
- 2011: Revenue of $105K, expenses of $77K, and assets of $409K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winnipesaukee Yacht Club Inc:
Data Sources and Methodology
This transparency report for Winnipesaukee Yacht Club 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.