Is Plandome Country Club Inc Legit?

Quick charity verification for Plandome Country Club Inc (EIN: 116030701)

Verdict: Plandome Country Club Inc appears trustworthy

75/100Mission Score

$13.9MRevenue

$14.6MAssets

2Red Flags

4Strengths

Red Flags

Lack of detailed expense breakdown for program vs. administrative costs
NTEE code is unknown, making it difficult to benchmark against similar organizations

Strengths

Consistent filing of IRS Form 990s over 12 periods, indicating transparency
Healthy asset-to-liability ratio, demonstrating financial stability (e.g., $14,583,988 assets vs. $1,530,691 liabilities in 2023)
No reported officer compensation, potentially indicating volunteer leadership or efficient compensation structures
Consistent revenue generation over a decade, showing stable operations

Spending Breakdown

How Plandome 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

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 Plandome Country Club Inc

Is Plandome Country Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Plandome Country Club Inc (EIN: 116030701) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Plandome Country Club Inc a good charity to donate to?

Plandome Country Club Inc has a Mission Score of 75/100. Revenue: $13.9M. Assets: $14.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Plandome Country Club Inc?

The Employer Identification Number (EIN) for Plandome Country Club Inc is 116030701. 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 Plandome Country Club Inc spend its money?

Plandome 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 Plandome Country Club Inc's tax-exempt status?

You can verify Plandome Country Club Inc's tax-exempt status using EIN 116030701 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

Plandome Country Club Inc. operates as a social and recreational club, as indicated by its consistent revenue and expense patterns typical of such organizations. The financial health appears stable, with assets consistently exceeding liabilities over the past decade, reaching $14,583,988 in the latest filing. While the organization reported a slight deficit in 2023 ($10,096,685 revenue vs. $10,481,853 expenses) and 2022, it has generally managed its finances effectively, often generating surpluses as seen in 2021 ($9,562,867 revenue vs. $8,661,022 expenses). The absence of reported officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through other means not disclosed as officer compensation on the 990, which can be a positive indicator for member-driven organizations.

Spending efficiency, in the context of a country club, would primarily relate to the allocation of funds towards maintaining facilities, providing services to members, and administrative overhead. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of efficiency is challenging. However, the consistent operational expenses relative to revenue suggest a stable cost structure. The organization's transparency is generally good through its consistent filing of IRS Form 990s, providing public access to its financial statements. The lack of reported officer compensation is a notable point for transparency, indicating either volunteer leadership or compensation structures that do not fall under the typical 'officer compensation' reporting requirements for 990s.

Overall, Plandome Country Club Inc. demonstrates sound financial management for a member-based recreational entity, maintaining a healthy asset base and generally balancing its operational budget. The consistent filing history and the absence of reported officer compensation contribute positively to its transparency profile, aligning with expectations for a private club.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.