Is Wykagyl Country Club Inc Legit?

Quick charity verification for Wykagyl Country Club Inc (EIN: 131737897)

Verdict: Wykagyl Country Club Inc has notable concerns

20/100Mission Score
$14.4MRevenue
$30.4MAssets
4Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Wykagyl Country Club Inc. demonstrates consistent financial growth over the past decade, with revenue increasing from $9.6 million in 2014 to over $14 million in 2023. The organization consistently operates with a surplus, as evidenced by its revenues exceeding expenses in all reported periods, for example, $14,094,960 in revenue against $13,100,283 in expenses in 2023. This indicates sound financial management and an ability to cover operational costs. Asset growth is also notable, rising from $19.4 million in 2014 to $29.7 million in 2023, suggesting reinvestment or accumulation of resources. However, without a specified NTEE code or detailed program expense breakdown, it's challenging to fully assess spending efficiency in terms of mission impact. The organization reports 0% officer compensation across all filings, which could indicate that executive roles are either unpaid, compensated through other means not categorized as 'officer compensation' on the 990, or that the organization's structure does not include compensated officers in the traditional sense. This lack of detail on compensation, combined with the absence of program specifics, limits the ability to fully evaluate transparency regarding how funds are utilized to achieve any stated charitable purpose, if applicable, given its 'Country Club' designation.

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Disclaimer

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

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