Quick charity verification for Lake Forest Country Club Inc (EIN: 200283427)
Verdict: Lake Forest Country Club Inc shows mixed signals
60/100Mission Score
$6.6MRevenue
$11.9MAssets
2Red Flags
3Strengths
Red Flags
Consistent expenses exceeding revenue, though typical for social clubs, could indicate reliance on membership dues or other non-reported income to cover shortfalls if not managed carefully.
Lack of detailed program spending breakdown in public filings, common for social clubs, limits external assessment of operational efficiency.
Strengths
Significant growth in assets from $6,565,843 in 2020 to $10,782,899 in 2023, suggesting strong member support and investment in facilities.
Consistent reporting of 0% officer compensation, indicating a potentially volunteer-driven or efficiently compensated leadership structure.
Stable financial operations over many years, with 13 filings demonstrating ongoing activity and compliance.
Spending Breakdown
How Lake Forest Country Club Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Lake Forest Country Club Inc
Is Lake Forest Country Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Forest Country Club Inc (EIN: 200283427) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
Is Lake Forest Country Club Inc a good charity to donate to?
Lake Forest Country Club Inc has a Mission Score of 60/100. Revenue: $6.6M. Assets: $11.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lake Forest Country Club Inc?
The Employer Identification Number (EIN) for Lake Forest Country Club Inc is 200283427. 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 Lake Forest Country Club Inc spend its money?
Lake Forest Country Club Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lake Forest Country Club Inc's tax-exempt status?
You can verify Lake Forest Country Club Inc's tax-exempt status using EIN 200283427 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
Lake Forest Country Club Inc. appears to be a private country club operating as a 501(c)(7) social club, rather than a public charity. This classification means its primary purpose is for the pleasure, recreation, and other nonprofitable purposes of its members, and it is generally exempt from federal income tax on its member income. Its financial health shows consistent growth in assets, from $6,565,843 in 2020 to $10,782,899 in 2023, indicating ongoing investment in its facilities. The organization consistently reports expenses exceeding revenue in recent years, such as $5,296,805 in expenses against $5,031,924 in revenue in 2023, which is typical for a member-funded club reinvesting in its operations and amenities. Transparency for 501(c)(7) organizations differs from public charities; their financial details are primarily relevant to their membership.