Springfield Yacht & Canoe Club
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Springfield Yacht & Canoe Club is a 501(c)(7) organization based in Agawam, Massachusetts, registered in 1944, with $185,607 in FY2024 revenue. CharityIndex grades it B.
1210 River Rd, Agawam, MA, 01001 EIN 04-6130457 Since 1944
Revenue (FY2024)
$186K
▲ 7.3% vs prior year
Expenses (FY2024)
$159K
Net assets
$473K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Springfield Yacht & Canoe Club— 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 rating36 mo reserves · +14% 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 Springfield Yacht & Canoe Club: 36 mo reserves · +14% 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 Springfield Yacht & Canoe Club— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Springfield Yacht & Canoe Club: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1210 River Rd, Agawam, MA, 01001
- City
- Agawam
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $88K (FY2010) to $186K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,300Net assets $473K
Operating margin
14.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$475K
Total liabilities
$2,300
Net assets
$473K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $185,607▲7.3% | $159,153▲19.5% | $473,112▲5.9% | $475,412▲5.5% | 990EZ |
| 2023 | $172,993▼7.2% | $133,237▼17.4% | $446,658▲9.8% | $450,661▲9.6% | 990EZ |
| 2022 | $186,464▲26.4% | $161,379▲4.2% | $406,902▲6.6% | $411,018▲6.5% | 990EZ |
| 2021 | $147,540▲2.1% | $154,910▲26.8% | $381,817▼1.9% | $385,783▼1.3% | 990EZ |
| 2020 | $144,515▼5.2% | $122,122▼0.5% | $389,187▲6.1% | $391,053▲6.6% | 990EZ |
| 2019 | $152,366▲25.2% | $122,796▲18.4% | $366,794▲8.8% | $366,794▲8.8% | 990EZ |
| 2018 | $121,650▼32.9% | $103,670▼10.9% | $337,224▲5.6% | $337,224▲5.6% | 990EZ |
| 2017 | $181,221▲45.1% | $116,365▲9.9% | $319,244▲25.5% | $319,244▲25.5% | 990EZ |
| 2016 | $124,892▲21.1% | $105,849▲4.6% | $254,388▲8.1% | $254,388▲8.1% | 990EZ |
| 2015 | $103,102▲1.4% | $101,147▲17.4% | $235,345▲0.8% | $235,345▲0.8% | 990EZ |
| 2014 | $101,690▼15.8% | $86,140▲2.3% | $233,390▲7.1% | $233,390▲7.1% | 990EZ |
| 2013 | $120,820▲27.8% | $84,235▼7.9% | $217,840▲20.2% | $217,840▲20.2% | 990EZ |
| 2012 | $94,556▲2.6% | $91,414▲10.7% | $181,255▲1.8% | $181,255▲1.6% | 990EZ |
| 2011 | $92,140▲4.5% | $82,567▲0.6% | $178,113▲5.7% | $178,313▲5.7% | 990EZ |
| 2010 | $88,199 | $82,057 | $168,540 | $168,740 | 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.
Frequently asked questions
- Is Springfield Yacht & Canoe Club a legitimate nonprofit?
- Yes. Springfield Yacht & Canoe Club is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 04-6130457, based in Agawam, Massachusetts.
- What is Springfield Yacht & Canoe Club's EIN?
- Springfield Yacht & Canoe Club's Employer Identification Number (EIN) is 04-6130457.
- How much revenue does Springfield Yacht & Canoe Club report?
- Springfield Yacht & Canoe Club reported $185,607 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Springfield Yacht & Canoe Club have?
- CharityIndex grades Springfield Yacht & Canoe Club B, based on financial health (reserves and operating margin).
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Data for Springfield Yacht & Canoe Club (EIN 04-6130457) 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.