Is Brae Burn Country Club Inc Legit?

Quick charity verification for Brae Burn Country Club Inc (EIN: 132505943)

Verdict: Brae Burn Country Club Inc shows mixed signals

65/100Mission Score
$16.0MRevenue
$51.2MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Brae Burn Country Club Inc. demonstrates consistent financial growth, with revenue increasing from $8.3 million in 2014 to over $13.3 million in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenues of $13,393,880 exceeded expenses of $12,304,696. Asset growth is also notable, rising from $40.4 million in 2014 to $48.9 million in 2023, indicating sound financial management and accumulation of resources. Liabilities have remained relatively stable and manageable in proportion to assets. However, without a specified NTEE code or detailed program expense breakdown, it is challenging to assess spending efficiency in terms of mission-related activities. The organization's nature as a 'country club' suggests its primary activities may be member services rather than traditional charitable programs. The consistent reporting of 0% officer compensation across all filings is a positive indicator of financial stewardship and transparency regarding executive pay. Overall, Brae Burn Country Club Inc. appears financially healthy and well-managed based on its consistent revenue growth, asset accumulation, and operational surpluses. The lack of detailed program spending information, typical for a social club, limits a full assessment of its 'charitable' spending efficiency, but its financial reporting is consistent.

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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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