Is Megunticook Golf Club Legit?

Strengths

Consistent financial stability with revenues generally exceeding expenses (e.g., 2023: Revenue $1,072,918, Expenses $1,071,249)
No reported officer compensation across all filings, indicating efficient use of funds for leadership
Healthy asset growth and low liabilities (2023 Assets: $1,373,124, Liabilities: $22,838)
Consistent IRS 990 filing history, demonstrating transparency in financial reporting

Spending Breakdown

How Megunticook Golf Club allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Megunticook Golf Club

Is Megunticook Golf Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Megunticook Golf Club (EIN: 10119385) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.

Is Megunticook Golf Club a good charity to donate to?

Megunticook Golf Club has a Mission Score of 65/100. Revenue: $1.2M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Megunticook Golf Club?

The Employer Identification Number (EIN) for Megunticook Golf Club is 10119385. 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 Megunticook Golf Club spend its money?

Megunticook Golf Club allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Megunticook Golf Club's tax-exempt status?

You can verify Megunticook Golf Club's tax-exempt status using EIN 10119385 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

Megunticook Golf Club demonstrates consistent financial stability with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $1,072,918 against expenses of $1,071,249, indicating a break-even operation. The organization's assets have also shown steady growth, reaching $1,373,124 in 2023, while liabilities remain low, at $22,838 in the same year, suggesting a healthy balance sheet. The consistent reporting of 0% officer compensation across all available filings indicates a volunteer-led or very lean executive structure, which is a positive sign for donor confidence regarding administrative overhead.

However, without detailed expense breakdowns (e.g., program service expenses vs. administrative and fundraising costs), it's challenging to fully assess spending efficiency. The nature of a golf club operating as a nonprofit also raises questions about its public benefit and program focus, which are not immediately clear from the financial data alone. The organization's transparency is good in terms of filing its IRS 990s consistently, but the lack of an NTEE code and specific program details limits a deeper understanding of its mission impact.

Overall, the financial health appears sound, with responsible management of assets and liabilities. The absence of paid executive compensation is a notable strength. A more detailed breakdown of expenses would enhance the assessment of spending efficiency and program effectiveness.

Verdict: Megunticook Golf Club shows mixed signals

Red Flags