Is Rockaway Hunting Club Legit?

Rockaway Hunting Club's financial health shows significant fluctuations in recent years. In 2023, the organization reported expenses exceeding revenue by nearly $3 million ($13,671,764 in expenses vs. $10,756,249 in revenue), leading to a decrease in net assets. This contrasts with 2022, where revenue significantly outpaced expenses ($12,403,568 vs. $10,378,657). The organization's assets have grown substantially, from $5,250,378 in 2019 to $10,946,029 in 2023, but liabilities have also increased, reaching $9,078,205 in 2023. The NTEE code is unknown, which limits the ability to assess program focus and spending efficiency against peer organizations. Without a clear mission statement or program details, it's difficult to evaluate spending efficiency in terms of charitable impact. The organization consistently reports 0% officer compensation, which is unusual for an entity with over $10 million in annual revenue and could indicate that key leadership is compensated through other means or that the organization is primarily volunteer-run at the executive level. The lack of detailed program spending information in the provided data makes a precise assessment of spending efficiency challenging. The significant increase in liabilities in 2023, almost doubling from 2022, warrants further investigation to understand its nature and potential impact on long-term financial stability. The absence of an NTEE code and detailed program descriptions also impacts transparency, as it's unclear what specific charitable activities the organization undertakes.