AI Transparency Report
Park Country Club Of Buffalo Inc, despite being a nonprofit, operates more like a private club, which is reflected in its financial statements. The organization consistently reports revenues and expenses in the range of $4.5 million to $6 million annually, with a slight upward trend in recent years. For instance, in the 202401 period, revenue was $5,633,243 and expenses were $5,887,997, indicating a slight deficit. This trend of expenses often closely matching or slightly exceeding revenue is common for member-based organizations aiming to provide services to their members rather than accumulate significant surpluses. The organization's assets have remained relatively stable, hovering around $9.5 million to $10.8 million over the past decade, suggesting a consistent operational capacity.
The financial health appears stable, with sufficient assets to cover liabilities, though liabilities have fluctuated. For example, in 202401, assets were $9,846,185 against liabilities of $3,304,236. The consistent reporting of 0% officer compensation across all available filings indicates that the top leadership is not drawing a salary, which is a notable point for a nonprofit, though it's important to understand if this means they are volunteers or compensated through other means not categorized as 'officer compensation' on the 990. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to assess spending efficiency in the traditional nonprofit sense, as its primary 'program' is likely the provision of club services to members.
Transparency regarding the allocation of funds to specific charitable programs is limited, as the organization's NTEE code is unknown and its name suggests a focus on member services rather than public benefit programs. The consistent financial reporting over 13 filings demonstrates a commitment to regulatory compliance. However, for a public assessment of 'charitable' impact, more detailed information on how its activities benefit the broader community beyond its membership would be necessary. The lack of officer compensation is a positive indicator of fiscal prudence at the executive level, assuming all leadership compensation is accurately reflected.