Marion-bermuda Crusing Yacht Race Association Inc
Only null% goes to programs Strong reserves Growing revenue
Marion-bermuda Crusing Yacht Race Association Inc is a 501(c)(3) organization based in Marion, Massachusetts, registered in 1981, with $90,786 in FY2022 revenue. CharityIndex grades it C+.
Po Box 916, Marion, MA, 02738 EIN 04-2711615 Since 1981
Revenue (FY2022)
$91K
▲ 1330.4% vs prior year
Recreation median: $129K
Expenses (FY2022)
$55K
Net assets
$94K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Marion-bermuda Crusing Yacht Race Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +39% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Marion-bermuda Crusing Yacht Race Association Inc: 20 mo reserves · +39% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Marion-bermuda Crusing Yacht Race Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Marion-bermuda Crusing Yacht Race Association Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 916, Marion, MA, 02738
- City
- Marion
- State
- Massachusetts
- Category
- Recreation & Sports
- Subcategory
- Amateur Sports
- Website
- …
Financial trends
Revenue grew from $3,179 (FY2009) to $91K (FY2022) across 14 reported years.
Financial snapshot
Financial health & position (FY2022)
Operating margin
39.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$94K
Net assets
$94K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $90,786▲1330% | $55,403▲148% | $94,214▲60.1% | $94,214▲60.1% | 990EZ |
| 2021 | $6,347▼27.2% | $22,332▲62.9% | $58,831▼21.4% | $58,831▼21.4% | 990EZ |
| 2020 | $8,720▲3675% | $13,711▼34.8% | $74,816▼6.3% | $74,816▼8.1% | 990EZ |
| 2019 | $231▼99.7% | $21,014▼76.4% | $79,807▼20.7% | $81,439▼20.5% | 990EZ |
| 2018 | $77,681▲889% | $89,034▲649% | $100,590▼3.7% | $102,442▼8.5% | 990EZ |
| 2017 | $7,851▼92.3% | $11,881▼85.6% | $104,443▼3.7% | $111,943▼3.5% | 990EZ |
| 2016 | $102,341▲64465% | $82,466▲79.6% | $108,473▲22.4% | $115,973▲20.7% | 990EZ |
| 2015 | -$159▼100% | $45,926▼37.2% | $88,598▼34.2% | $96,098▼32.4% | 990EZ |
| 2014 | $106,587▲4921% | $73,157▲109% | $134,683▲33.0% | $142,183▲40.4% | 990 |
| 2013 | $2,123▼98.1% | $35,033▼47.3% | $101,253▼24.5% | $101,253▼24.5% | 990EZ |
| 2012 | $109,649▲81121% | $66,458▲249% | $134,163▲47.5% | $134,163▲47.5% | 990EZ |
| 2011 | $135▼99.9% | $19,016▼69.9% | $90,972▼17.2% | $90,972▼17.2% | 990EZ |
| 2010 | $99,214▲3021% | $63,073▲574% | $109,853▲49.0% | $109,853▲49.0% | 990EZ |
| 2009 | $3,179 | $9,364 | $73,712 | $73,712 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Marion-bermuda Crusing Yacht Race Association Inc
Frequently asked questions
- Is Marion-bermuda Crusing Yacht Race Association Inc a legitimate nonprofit?
- Yes. Marion-bermuda Crusing Yacht Race Association Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2711615, based in Marion, Massachusetts. Donations are tax-deductible.
- What is Marion-bermuda Crusing Yacht Race Association Inc's EIN?
- Marion-bermuda Crusing Yacht Race Association Inc's Employer Identification Number (EIN) is 04-2711615.
- How much revenue does Marion-bermuda Crusing Yacht Race Association Inc report?
- Marion-bermuda Crusing Yacht Race Association Inc reported $90,786 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Marion-bermuda Crusing Yacht Race Association Inc have?
- CharityIndex grades Marion-bermuda Crusing Yacht Race Association Inc C+, based on financial health (reserves and operating margin).
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Data for Marion-bermuda Crusing Yacht Race Association Inc (EIN 04-2711615) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.