Is Garden City Country Club Inc Legit?

Garden City Country Club Inc. demonstrates consistent financial growth over the past decade, with revenue increasing from $7,765,642 in 2014 to $10,588,573 in 2023. The organization consistently operates with a surplus, as evidenced by its revenues exceeding expenses in all reported periods, contributing to a steady increase in assets from $14,592,393 in 2014 to $17,590,275 in 2023. This financial stability suggests effective management of its operations. The organization's spending efficiency appears sound, with expenses generally staying well below revenue, indicating a healthy operating margin. For instance, in 2023, expenses were $8,789,540 against revenues of $10,588,573. A notable aspect of its financial reporting is the consistent disclosure of 0% officer compensation across all available filings, which, while potentially indicating a volunteer board or that compensation is reported elsewhere, contributes to a perception of fiscal prudence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency and program focus is limited. Regarding transparency, the consistent filing of IRS Form 990s over 14 periods is a positive indicator. The absence of reported officer compensation is a significant data point. However, the lack of NTEE code information and detailed expense categorization beyond total expenses makes it challenging to fully understand the organization's mission-related spending and overall operational transparency. Further details on how the surplus is utilized would enhance transparency.