AI Transparency Report
Wawenock Country Club demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2022, revenue was $446,038 against expenses of $414,456, indicating a surplus. However, the most recent filing for 2023 shows expenses of $452,388 slightly exceeding revenue of $433,272, resulting in a minor deficit. The organization's assets have shown growth, increasing from $507,506 in 2014 to $755,916 in 2023, suggesting sound asset management. Liabilities have remained relatively low and manageable, peaking at $91,498 in 2022 but dropping to $15,946 in 2023, indicating good financial control.
The NTEE code N51Z, typically associated with golf courses and country clubs, suggests that the organization's primary activities are likely recreational and membership-based rather than traditional charitable programs. The absence of reported officer compensation across all filings indicates that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which can be a positive sign for efficiency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency and program focus. The consistent filing history and stable financial position suggest a well-managed entity within its operational scope.