Is Elmira Country Club Inc Legit?

Quick charity verification for Elmira Country Club Inc (EIN: 160421940)

Verdict: Elmira Country Club Inc shows mixed signals

45/100Mission Score
$2.5MRevenue
$3.7MAssets
4Red Flags
1Strengths

Red Flags

Strengths

AI Transparency Report

Elmira Country Club Inc. consistently reports expenses exceeding revenue, as seen in 2023 where expenses were $2,764,445 against revenues of $2,425,273, and in 2022 with expenses of $2,728,922 against revenues of $2,652,096. This trend of operating at a deficit suggests potential financial strain or reliance on drawing down assets. The organization's assets have also shown a steady decline over the past decade, from $5,394,981 in 2014 to $3,871,666 in 2023, while liabilities have remained high, often exceeding assets. The NTEE code is unknown, which can sometimes hinder a clear understanding of its primary charitable purpose and spending efficiency benchmarks. However, the consistent reporting of 0% officer compensation indicates a commitment to minimizing administrative overhead in that specific area.

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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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