Is Strathmore Vanderbilt Country Club Of Manhasset Inc Legit?
Quick charity verification for Strathmore Vanderbilt Country Club Of Manhasset Inc (EIN: 111375892)
Verdict: Strathmore Vanderbilt Country Club Of Manhasset Inc shows mixed signals
40/100Mission Score
$4.4MRevenue
$4.1MAssets
4Red Flags
3Strengths
Red Flags
Unknown NTEE code, obscuring charitable purpose
Consistent 0% officer compensation for an organization with millions in revenue, which is unusual
High and increasing liabilities relative to assets, suggesting significant debt
Lack of clear program spending details in available data
Strengths
Consistent revenue generation over multiple years
Growth in assets over the past decade, from $1.7M to over $4.2M
Operational stability, consistently covering expenses with revenue
Spending Breakdown
How Strathmore Vanderbilt Country Club Of Manhasset 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
5%
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 Strathmore Vanderbilt Country Club Of Manhasset Inc
Is Strathmore Vanderbilt Country Club Of Manhasset Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Strathmore Vanderbilt Country Club Of Manhasset Inc (EIN: 111375892) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 3 strengths noted.
Is Strathmore Vanderbilt Country Club Of Manhasset Inc a good charity to donate to?
Strathmore Vanderbilt Country Club Of Manhasset Inc has a Mission Score of 40/100. Revenue: $4.4M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Strathmore Vanderbilt Country Club Of Manhasset Inc?
The Employer Identification Number (EIN) for Strathmore Vanderbilt Country Club Of Manhasset Inc is 111375892. 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 Strathmore Vanderbilt Country Club Of Manhasset Inc spend its money?
Strathmore Vanderbilt Country Club Of Manhasset Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Strathmore Vanderbilt Country Club Of Manhasset Inc's tax-exempt status?
You can verify Strathmore Vanderbilt Country Club Of Manhasset Inc's tax-exempt status using EIN 111375892 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
Strathmore Vanderbilt Country Club Of Manhasset Inc, despite being classified as a nonprofit, operates with financial characteristics more akin to a private club, as suggested by its name and NTEE code being unknown. The organization consistently reports expenses very close to its revenue, with the latest filing (202312) showing expenses of $3,752,386 against revenue of $3,748,160, resulting in a slight deficit. This trend of near break-even operations is consistent across multiple years, indicating a focus on covering operational costs rather than accumulating significant surpluses for programmatic expansion or reserves. The organization's assets have shown growth, from $1,774,158 in 2014 to $4,234,690 in 2023, but liabilities have also increased substantially, reaching $3,044,076 in 2023, suggesting significant debt financing or deferred revenue. Without a clear NTEE code or detailed program expense breakdown, assessing spending efficiency and program focus is challenging.
The organization reports 0% officer compensation across all available filings, which is unusual for an entity of its size with millions in revenue and expenses. This could indicate that officers are compensated through other means not reported as 'officer compensation' on the 990, or that the organization is entirely volunteer-led at the executive level, which is less common for a country club structure. The lack of detailed information regarding program services and the unknown NTEE code hinder a comprehensive assessment of its charitable impact and transparency. The financial data primarily reflects operational stability rather than a clear philanthropic mission.