Is Country Club Of Buffalo Legit?

The Country Club Of Buffalo, classified under NTEE Code N51Z (Recreational & Social Clubs), demonstrates consistent financial growth over the past decade. Its revenue has steadily increased from $4,312,350 in 2014 to $7,434,781 in 2023, indicating a stable and growing operational base. The organization consistently maintains a positive net income, with revenues generally exceeding expenses, such as in 2023 where revenue was $7,434,781 against expenses of $6,930,960. This suggests sound financial management and an ability to cover operational costs. Asset growth is also notable, rising from $12,090,316 in 2014 to $17,512,590 in 2023, reflecting an accumulation of resources. Liabilities have fluctuated but remain manageable relative to assets, with a liability-to-asset ratio of approximately 44% in 2023 ($7,715,788 liabilities against $17,512,590 assets). This indicates a healthy balance sheet and a low risk of financial distress. The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership is either unpaid or compensated through non-officer roles, which could be a point of further inquiry for full transparency regarding executive remuneration. Given its classification as a recreational and social club, the 'program spending' would primarily relate to the direct costs of providing club services and facilities to its members. Without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely assess spending efficiency in terms of program vs. administrative costs. However, the consistent positive operating margins suggest that the organization is efficient in managing its overall expenditures relative to its revenue generation.