Quick charity verification for Somerset Lake & Game Club (EIN: 221407427)
Verdict: Somerset Lake & Game Club shows mixed signals
65/100Mission Score
$1.2MRevenue
$2.5MAssets
3Red Flags
3Strengths
Red Flags
Lack of detailed program reporting makes it difficult to assess the direct impact of 'lake and game' activities.
Minimal public transparency beyond basic IRS filings, hindering a deeper understanding of operations.
The 'c' field consistently shows '0%', which could indicate no specific fundraising costs are broken out or that it's not applicable in the provided data context.
Strengths
Consistent revenue generation over several years, indicating stable member support.
Healthy asset growth from $1,526,647 in 2017 to $2,482,686 in 2024, demonstrating financial stability.
Relatively low liabilities compared to assets, suggesting good financial management.
Spending Breakdown
How Somerset Lake & Game Club allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Somerset Lake & Game Club
Is Somerset Lake & Game Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Somerset Lake & Game Club (EIN: 221407427) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Somerset Lake & Game Club a good charity to donate to?
Somerset Lake & Game Club has a Mission Score of 65/100. Revenue: $1.2M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Somerset Lake & Game Club?
The Employer Identification Number (EIN) for Somerset Lake & Game Club is 221407427. 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 Somerset Lake & Game Club spend its money?
Somerset Lake & Game Club allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Somerset Lake & Game Club's tax-exempt status?
You can verify Somerset Lake & Game Club's tax-exempt status using EIN 221407427 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
Somerset Lake & Game Club is a unknown nonprofit based in Far Hills, New Jersey, with reported revenue of $1.2M and assets of $2.5M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. - Publicly available financial filings are limited to basic IRS Form 990 data, lacking detailed program descriptions or impact reports.
- No easily accessible annual report or detailed breakdown of how funds are specifically allocated to 'lake and game' activities.
- The organization's website provides minimal financial information beyond general membership benefits. Executive compensation is not explicitly detailed in the provided data, as the 'l' field likely represents 'liabilities' rather than 'leadership compensation'. Without specific compensation figures for key employees, a comprehensive assessment is not possible. Revenue has grown +53% across 14 filing periods.