Yarmouth Rowing Club
Yarmouth Rowing Club operates with fluctuating revenues and no officer compensation, often spending more than it earns annually.
EIN: 208783893 · Cumb Foreside, ME · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $16K |
| Program Spending | 85% |
| Net Assets | $6K |
| Transparency Score | 75/100 |
Is Yarmouth Rowing Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yarmouth Rowing Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yarmouth Rowing Club
Yarmouth Rowing Club (EIN: 208783893) is a nonprofit organization based in Cumb Foreside, ME, classified under NTEE code N67. The organization reported total revenue of $20K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yarmouth Rowing Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yarmouth Rowing Club is a micro nonprofit that has been operating for 11 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -11.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $16K |
| Surplus / Deficit | $-5,096 |
| Total Assets | $7K |
| Total Liabilities | $1K |
| Net Assets | $6K |
| Operating Margin | -45.1% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2024, Yarmouth Rowing Club reported a deficit of $5K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Yarmouth Rowing Club's revenue has declined at a compound annual growth rate (CAGR) of -11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.4% | +18.5% | -40.8% |
| 2023 | -40.0% | -7.5% | -9.9% |
| 2022 | +144.8% | -9.7% | +96.9% |
| 2021 | -73.9% | -62.3% | -53.4% |
| 2020 | -24.4% | -12.4% | -43.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
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 Yarmouth Rowing Club with a Mission Score of 75 out of 100 (Good). 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, Yarmouth Rowing Club 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.5%.
Executive Compensation Analysis
Yarmouth Rowing Club consistently reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one with extremely minimal executive salaries relative to its size and revenue, which is a strong positive for donor confidence.
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.
Red Flags
The following concerns were identified during AI analysis of Yarmouth Rowing Club's IRS 990 filings:
- Consistent annual deficits: Expenses frequently exceed revenue (e.g., $16,391 expenses vs. $11,295 revenue in 202406), indicating potential long-term sustainability challenges.
- Declining asset base: Total assets have significantly decreased from $49,798 in 201506 to $7,400 in 202406, suggesting the organization is drawing down reserves.
- Small and fluctuating revenue: Latest revenue of $20,175 and historical fluctuations indicate a potentially unstable funding base for a sports club.
Strengths
The following positive indicators were identified for Yarmouth Rowing Club:
- Zero officer compensation: Consistently reporting 0% officer compensation demonstrates a highly volunteer-driven model and efficient use of funds.
- Low liabilities: The organization maintains very low liabilities, typically $1,000 or $0, indicating responsible debt management.
- Long operating history: With 14 filings, the club has demonstrated longevity and resilience despite financial fluctuations.
Frequently Asked Questions about Yarmouth Rowing Club
Is Yarmouth Rowing Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Yarmouth Rowing Club (EIN: 208783893) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Yarmouth Rowing Club spend its money?
Yarmouth Rowing Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Yarmouth Rowing Club tax-deductible?
Yarmouth Rowing Club is registered as a tax-exempt nonprofit (EIN: 208783893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Yarmouth Rowing Club's spending goes to programs?
Yarmouth Rowing Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Yarmouth Rowing Club compare to similar nonprofits?
With a transparency score of 75/100 (Good), Yarmouth Rowing Club is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Yarmouth Rowing Club located?
Yarmouth Rowing Club is headquartered in Cumb Foreside, Maine and files with the IRS under EIN 208783893. It is classified under NTEE code N67.
How many years of IRS 990 filings does Yarmouth Rowing Club have?
Yarmouth Rowing Club has 14 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 $20K in total revenue.
Is Yarmouth Rowing Club financially stable?
The club's financial stability shows variability. While it has maintained operations for many years, it frequently reports expenses exceeding revenue (e.g., $16,391 expenses vs. $11,295 revenue in 202406), leading to a decline in assets from a peak of $49,798 in 201506 to $7,400 in 202406. This suggests reliance on reserves or external support to cover shortfalls.
How does Yarmouth Rowing Club manage its liabilities?
Yarmouth Rowing Club maintains very low liabilities, consistently reporting $1,000 in recent periods (202206-202406) and $0 in earlier years. This indicates a conservative approach to debt and strong financial management in this area.
What is the trend in the club's assets?
The club's assets have shown a declining trend over the past decade, from a high of $49,798 in 201506 to $7,400 in 202406. This decline correlates with periods where expenses frequently outpaced revenue.
Filing History
IRS 990 filing history for Yarmouth Rowing Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Yarmouth Rowing Club's revenue has declined by 78%, moving from $51K to $11K. Total assets decreased by 88.5% over the same period, from $64K to $7K. Total functional expenses fell by 62.5%, from $44K to $16K. In its most recent filing year (2024), Yarmouth Rowing Club reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1K in liabilities against $7K in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $11K | $16K | $7K | $1K | — | — |
| 2023 | $12K | $14K | $12K | $1K | — | — |
| 2022 | $21K | $15K | $14K | $1K | — | View 990 |
| 2021 | $8K | $17K | $7K | $0 | — | — |
| 2020 | $33K | $44K | $15K | $0 | — | View 990 |
| 2019 | $43K | $50K | $27K | $0 | — | View 990 |
| 2018 | $45K | $48K | $34K | $0 | — | — |
| 2017 | $40K | $47K | $37K | $0 | — | — |
| 2016 | $59K | $64K | $44K | $0 | — | View 990 |
| 2015 | $53K | $82K | $50K | $0 | — | View 990 |
| 2014 | $53K | $55K | $79K | $0 | — | — |
| 2013 | $70K | $54K | $82K | $0 | — | View 990 |
| 2012 | $46K | $43K | $67K | $0 | — | View 990 |
| 2011 | $51K | $44K | $64K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $11K, expenses of $16K, and assets of $7K (revenue -9.4% year-over-year).
- 2023: Revenue of $12K, expenses of $14K, and assets of $12K (revenue -40.0% year-over-year).
- 2022: Revenue of $21K, expenses of $15K, and assets of $14K (revenue +144.8% year-over-year).
- 2021: Revenue of $8K, expenses of $17K, and assets of $7K (revenue -73.9% year-over-year).
- 2020: Revenue of $33K, expenses of $44K, and assets of $15K (revenue -24.4% year-over-year).
- 2019: Revenue of $43K, expenses of $50K, and assets of $27K (revenue -4.5% year-over-year).
- 2018: Revenue of $45K, expenses of $48K, and assets of $34K (revenue +13.9% year-over-year).
- 2017: Revenue of $40K, expenses of $47K, and assets of $37K (revenue -32.5% year-over-year).
- 2016: Revenue of $59K, expenses of $64K, and assets of $44K (revenue +11.2% year-over-year).
- 2015: Revenue of $53K, expenses of $82K, and assets of $50K (revenue -0.4% year-over-year).
- 2014: Revenue of $53K, expenses of $55K, and assets of $79K (revenue -24.3% year-over-year).
- 2013: Revenue of $70K, expenses of $54K, and assets of $82K (revenue +50.7% year-over-year).
- 2012: Revenue of $46K, expenses of $43K, and assets of $67K (revenue -9.7% year-over-year).
- 2011: Revenue of $51K, expenses of $44K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yarmouth Rowing Club:
Data Sources and Methodology
This transparency report for Yarmouth Rowing 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.