Yarmouth Ski Club
Yarmouth Ski Club shows strong revenue growth and zero officer compensation, with a recent filing anomaly.
EIN: 10458354 · Yarmouth, ME · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $23K |
| Program Spending | 85% |
| Net Assets | $43K |
| Transparency Score | 85/100 |
Is Yarmouth Ski Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yarmouth Ski Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yarmouth Ski Club
Yarmouth Ski Club (EIN: 10458354) is a nonprofit organization based in Yarmouth, ME, classified under NTEE code B11. The organization reported total revenue of $130K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yarmouth Ski Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yarmouth Ski Club is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of -68.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $88 |
| Total Expenses | $23K |
| Surplus / Deficit | $-23,155 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -26312.5% |
| Months of Reserves | 22.2 months |
Financial Health Grade: B
In 2024, Yarmouth Ski Club reported a deficit of $23K with expenses exceeding revenue, holds 22.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2019–2024), Yarmouth Ski Club's revenue has declined at a compound annual growth rate (CAGR) of -68.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -99.9% | -24.0% | -36.1% |
| 2023 | +25.2% | +14.4% | +81.9% |
| 2022 | +78.4% | -40.3% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
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 Ski Club with a Mission Score of 85 out of 100 (Excellent). 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 Ski 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 $23K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0%, indicating that the organization's leadership is either volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of this size.
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 Ski Club's IRS 990 filings:
- Extremely low revenue ($88) in the latest filing period (202406) compared to expenses ($23,243), indicating a potential reporting anomaly or short-term deficit.
Strengths
The following positive indicators were identified for Yarmouth Ski Club:
- Consistent 0% officer compensation across all reported periods, indicating efficient use of funds.
- Significant revenue growth from $26,811 in 2019 to $130,078 in the latest full year, demonstrating increasing support.
- Assets consistently exceed liabilities, indicating strong financial solvency.
- Consistent filing history, suggesting good transparency and compliance.
Frequently Asked Questions about Yarmouth Ski Club
Is Yarmouth Ski Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Yarmouth Ski Club (EIN: 10458354) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Yarmouth Ski Club spend its money?
Yarmouth Ski Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Yarmouth Ski Club tax-deductible?
Yarmouth Ski Club is registered as a tax-exempt nonprofit (EIN: 10458354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Yarmouth Ski Club's spending goes to programs?
Yarmouth Ski Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Yarmouth Ski Club compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Yarmouth Ski Club is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Yarmouth Ski Club located?
Yarmouth Ski Club is headquartered in Yarmouth, Maine and files with the IRS under EIN 10458354. It is classified under NTEE code B11.
How many years of IRS 990 filings does Yarmouth Ski Club have?
Yarmouth Ski Club has 4 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 $130K in total revenue.
Is Yarmouth Ski Club a good charity?
Based on the provided data, Yarmouth Ski Club appears to be a good charity. It has a strong financial position with assets exceeding liabilities, demonstrates significant revenue growth, and reports 0% officer compensation, suggesting efficient use of funds and volunteer leadership.
What caused the low revenue in the 202406 period?
The provided data does not specify the reason for the extremely low revenue of $88 in the 202406 period. This could be due to a partial reporting period, a specific type of filing, or an error, and would warrant further investigation into the full 990 form for that period.
How does Yarmouth Ski Club manage its expenses?
The club's expenses have fluctuated, from $44,761 in 2019 to $23,243 in the latest period. While the latest period shows expenses significantly exceeding revenue, other periods show more balanced spending relative to income, suggesting generally prudent expense management, especially given the 0% officer compensation.
Filing History
IRS 990 filing history for Yarmouth Ski Club showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2024), Yarmouth Ski Club's revenue has declined by 99.7%, moving from $27K to $88. Total assets increased by 31.2% over the same period, from $33K to $43K. Total functional expenses fell by 48.1%, from $45K to $23K. In its most recent filing year (2024), Yarmouth Ski Club reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $88 | $23K | $43K | $0 | — | — |
| 2023 | $60K | $31K | $67K | $0 | — | — |
| 2022 | $48K | $27K | $37K | $0 | — | View 990 |
| 2019 | $27K | $45K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $88, expenses of $23K, and assets of $43K (revenue -99.9% year-over-year).
- 2023: Revenue of $60K, expenses of $31K, and assets of $67K (revenue +25.2% year-over-year).
- 2022: Revenue of $48K, expenses of $27K, and assets of $37K (revenue +78.4% year-over-year).
- 2019: Revenue of $27K, expenses of $45K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yarmouth Ski Club:
Data Sources and Methodology
This transparency report for Yarmouth Ski 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.