Is Binghamton Country Club Legit?

Strengths

Consistent revenue generation, with latest revenue at $3,972,424.
Healthy asset growth, increasing from $2,049,107 in 2019 to $2,511,322 in 2024.
No reported officer compensation, indicating a very lean executive cost structure.
Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency and compliance.
Manageable liabilities relative to assets, indicating good financial management.

Spending Breakdown

How Binghamton Country Club allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Binghamton Country Club

Is Binghamton Country Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Binghamton Country Club (EIN: 150246000) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 5 strengths noted.

Is Binghamton Country Club a good charity to donate to?

Binghamton Country Club has a Mission Score of 80/100. Revenue: $4.0M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Binghamton Country Club?

The Employer Identification Number (EIN) for Binghamton Country Club is 150246000. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Binghamton Country Club spend its money?

Binghamton Country Club allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Binghamton Country Club's tax-exempt status?

You can verify Binghamton Country Club's tax-exempt status using EIN 150246000 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Binghamton Country Club demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, revenue was $3,231,749 against expenses of $3,158,929, indicating a slight surplus. However, the most recent filing (2024) shows expenses of $3,457,763 slightly exceeding revenue of $3,410,886, resulting in a minor deficit. The organization's assets have shown steady growth, increasing from $2,049,107 in 2019 to $2,511,322 in 2024, suggesting good asset management. Liabilities have remained relatively stable and manageable in proportion to assets, indicating a healthy balance sheet.

Given its nature as a country club, the organization's spending is likely heavily weighted towards operational costs, facility maintenance, and member services, which would be categorized as program expenses. The absence of reported officer compensation across all filings suggests either a volunteer-led executive structure or compensation is embedded within other expense categories, which could impact transparency regarding leadership costs. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess spending efficiency across program, administrative, and fundraising categories. However, the consistent financial performance and asset growth suggest a well-managed operation.

Transparency regarding executive compensation is high, as no officer compensation is reported. The consistent filing of IRS Form 990s over 14 periods also indicates a commitment to regulatory compliance and public disclosure. While specific program details are not available from the provided data, the overall financial stability and consistent operations point to a well-established entity serving its members.

Verdict: Binghamton Country Club appears trustworthy

Red Flags