Is Augusta Country Club Legit?

Quick charity verification for Augusta Country Club (EIN: 10022320)

Verdict: Augusta Country Club has notable concerns

20/100Mission Score
$2.8MRevenue
$1.4MAssets
4Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Augusta Country Club, despite being a non-profit, operates more like a private club given its NTEE code is unknown and its financial activities. The organization consistently generates more revenue than expenses, as seen in 2023 with $2,090,418 in revenue against $2,009,968 in expenses, indicating a stable financial position. However, without a clear program service description or NTEE code, it's difficult to assess its programmatic impact or efficiency in achieving a charitable mission. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under other categories, which could impact transparency regarding leadership costs. The organization's assets have shown growth over time, from $1,041,631 in 2015 to $1,174,433 in 2023, indicating some financial accumulation. However, liabilities have also been substantial, often exceeding assets in earlier years (e.g., 2019 liabilities of $1,299,159 against assets of $1,151,175), though this trend appears to have reversed in more recent filings. The lack of detailed spending breakdowns in the provided data makes it impossible to evaluate spending efficiency in terms of program, administrative, and fundraising costs, which is a significant transparency concern for a nonprofit.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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