Quick charity verification for Glens Falls Country Club Inc (EIN: 140696490)
Verdict: Glens Falls Country Club Inc shows mixed signals
60/100Mission Score
$5.8MRevenue
$5.7MAssets
3Red Flags
4Strengths
Red Flags
Unknown NTEE code for an organization of this size, making mission assessment difficult for a typical charity analysis.
Consistent 0% officer compensation reported, which is unusual for an organization with over $5 million in annual revenue and assets, potentially obscuring executive remuneration.
Nature of organization as a 'country club' suggests it primarily serves members, not the broader public, which is a red flag for those seeking to support traditional public charities.
Strengths
Consistent revenue growth, from $2.7M in 2014 to $5.0M in 2023, indicating financial stability and increasing member engagement.
Healthy asset growth, from $3.0M in 2014 to $5.0M in 2023, suggesting reinvestment and strong financial management.
Consistent operational surpluses, with revenue exceeding expenses in most years (e.g., $5,007,456 revenue vs. $4,535,091 expenses in 2023), demonstrating fiscal prudence.
Low liabilities relative to assets, with liabilities at $857,123 against assets of $5,044,330 in 2023, indicating a strong balance sheet.
Spending Breakdown
How Glens Falls Country 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 Glens Falls Country Club Inc
Is Glens Falls Country Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Glens Falls Country Club Inc (EIN: 140696490) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 4 strengths noted.
Is Glens Falls Country Club Inc a good charity to donate to?
Glens Falls Country Club Inc has a Mission Score of 60/100. Revenue: $5.8M. Assets: $5.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Glens Falls Country Club Inc?
The Employer Identification Number (EIN) for Glens Falls Country Club Inc is 140696490. 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 Glens Falls Country Club Inc spend its money?
Glens Falls Country Club Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Glens Falls Country Club Inc's tax-exempt status?
You can verify Glens Falls Country Club Inc's tax-exempt status using EIN 140696490 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
Glens Falls Country Club Inc. appears to be a social club rather than a traditional public charity, as indicated by its NTEE code being unknown and its operational model. Its financial health shows consistent growth in revenue and assets over the past decade. For instance, revenue grew from $2,756,521 in 2014 to $5,007,456 in 2023, and assets increased from $3,042,419 to $5,044,330 in the same period. The organization consistently operates with a surplus, with expenses generally lower than revenue, such as in 2023 where expenses were $4,535,091 against $5,007,456 in revenue. This suggests sound financial management and an ability to reinvest in its facilities or services.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent surpluses suggest that the organization is managing its expenditures effectively relative to its income. The absence of reported officer compensation across all filings indicates that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which can be a positive sign for resource allocation if true.
Transparency is generally good given the availability of 13 years of IRS 990 filings. However, the lack of a clear NTEE code and the nature of a 'country club' operating as a nonprofit (likely a 501(c)(7) social club) means its mission and public benefit are different from a typical charitable organization. The financial data provided is robust, but a deeper understanding of its operational categories (programs, admin, fundraising) would enhance the transparency assessment for a traditional charity.