Is Island Country Club Legit?

Island Country Club demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. In the most recent filing (202312), the organization reported revenues of $354,550 against expenses of $335,765, indicating a modest surplus. Assets have fluctuated, reaching a high of $662,720 in 201412 and currently standing at $535,953 in 202312, suggesting a stable asset base. Liabilities remain low, at $8,062 in 202312, which is a positive indicator of financial health. The organization consistently reports 0% officer compensation across all available filings, which is a strong sign of volunteer leadership and efficient use of funds, as it reduces administrative overhead. While specific program spending details are not provided in the summary data, the absence of executive compensation suggests a high proportion of expenses likely go towards operational costs and member services, aligning with its NTEE code as a recreational club. The consistent filing history over 13 periods indicates good compliance and transparency in reporting to the IRS.