Stable financial operations with revenues closely matching expenses
Relatively low liabilities compared to assets, indicating financial stability
Spending Breakdown
How Cold Spring Harbor Beach Club Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Cold Spring Harbor Beach Club Inc
Is Cold Spring Harbor Beach Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cold Spring Harbor Beach Club Inc (EIN: 111791179) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Cold Spring Harbor Beach Club Inc a good charity to donate to?
Cold Spring Harbor Beach Club Inc has a Mission Score of 75/100. Revenue: $3.2M. Assets: $936K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cold Spring Harbor Beach Club Inc?
The Employer Identification Number (EIN) for Cold Spring Harbor Beach Club Inc is 111791179. 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 Cold Spring Harbor Beach Club Inc spend its money?
Cold Spring Harbor Beach Club Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cold Spring Harbor Beach Club Inc's tax-exempt status?
You can verify Cold Spring Harbor Beach Club Inc's tax-exempt status using EIN 111791179 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
Cold Spring Harbor Beach Club Inc. appears to operate with a consistent financial model, showing revenues closely matching expenses across most years. For instance, in 2023, revenues were $2,786,516 against expenses of $2,811,726, indicating a near break-even operation. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its transparency and public trust. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The NTEE code being 'Unknown' also limits the ability to benchmark its financial performance against similar organizations.
The organization's assets have fluctuated, reaching a high of $1,408,995 in 2018 before settling around $857,650 in 2023. Liabilities have remained relatively low, suggesting a healthy balance sheet without significant debt burdens. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency. However, the lack of specific program details in the provided data makes it difficult to fully evaluate its programmatic impact and mission effectiveness.