Adirondack Mountain Club Inc

Adirondack Mountain Club shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 150586270 · Lake Placid, NY · NTEE: C600 · Updated: 2026-03-28

$6.0MRevenue

$8.0MAssets

95/100Mission Score (Excellent)

C600

About Adirondack Mountain Club Inc

Adirondack Mountain Club Inc (EIN: 150586270) is a nonprofit organization based in Lake Placid, NY, classified under NTEE code C600. The organization reported total revenue of $6.0M and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adirondack Mountain Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Adirondack Mountain Club Inc (ADK) demonstrates consistent financial growth and a healthy asset base. Over the past decade, revenue has steadily increased from $4,124,276 in 2014 to $5,575,175 in 2023, indicating stable donor support and operational success. The organization consistently operates with a surplus, as seen in 2023 where revenue exceeded expenses by over $300,000 ($5,575,175 vs. $5,273,727), allowing for asset growth. Assets have nearly tripled from $3,447,332 in 2014 to $8,578,572 in 2023, suggesting strong financial management and investment in its mission. The absence of reported officer compensation across all filings is a significant indicator of transparency and a commitment to directing funds towards programs rather than executive salaries, which is highly commendable for a nonprofit of its size.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Adirondack Mountain Club Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Adirondack Mountain Club Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Adirondack Mountain Club Inc. reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is exceptional for an organization with annual revenues exceeding $5 million and assets over $8 million, demonstrating a strong commitment to directing funds to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Adirondack Mountain Club Inc:

Consistent revenue growth, from $4.1M in 2014 to $5.5M in 2023.
Strong asset accumulation, nearly tripling from $3.4M in 2014 to $8.5M in 2023.
Consistent operational surpluses, indicating sound financial management (e.g., $301,448 surplus in 2023).
No reported officer compensation across all filings, demonstrating high transparency and mission focus.
Healthy asset-to-liability ratio, indicating strong financial solvency (e.g., $8.5M assets vs $2.5M liabilities in 2023).

Frequently Asked Questions about Adirondack Mountain Club Inc

Is Adirondack Mountain Club Inc a good charity?

Based on its financial data, the Adirondack Mountain Club Inc appears to be a very good charity. It demonstrates consistent financial health, strong asset growth, and a remarkable commitment to transparency by reporting no officer compensation.

How has ADK's financial health changed over the last decade?

ADK's financial health has significantly improved over the last decade. Revenue has grown from $4.1 million in 2014 to $5.5 million in 2023, and assets have increased from $3.4 million to $8.5 million in the same period, indicating robust growth and stability.

What is the trend in ADK's net assets?

ADK's net assets have shown a strong upward trend, nearly tripling from $3,447,332 in 2014 to $8,578,572 in 2023, reflecting consistent surpluses and effective financial management.

Filing History

IRS 990 filing history for Adirondack Mountain Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Adirondack Mountain Club Inc's revenue has grown by 61.1%, moving from $3.5M to $5.6M. Total assets increased by 267.1% over the same period, from $2.3M to $8.6M. Total functional expenses rose by 50%, from $3.5M to $5.3M. In its most recent filing year (2023), Adirondack Mountain Club Inc reported a surplus of $301K, with revenue exceeding expenses. The organization holds $2.5M in liabilities against $8.6M in assets (debt-to-asset ratio: 29.5%), resulting in net assets of $6.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.6M	$5.3M	$8.6M	$2.5M	—	View 990
2022	$4.9M	$4.8M	$8.0M	$2.8M	—	View 990
2021	$4.8M	$4.1M	$6.7M	$1.2M	—	View 990
2020	$4.7M	$3.8M	$5.9M	$1.3M	—	—
2019	$4.6M	$4.5M	$5.1M	$1.7M	—	View 990
2018	$4.4M	$4.3M	$4.7M	$1.9M	—	View 990
2017	$4.3M	$4.2M	$4.4M	$1.5M	—	View 990
2016	$4.4M	$4.0M	$4.1M	$1.5M	—	View 990
2015	$4.0M	$3.8M	$3.6M	$1.4M	—	View 990
2014	$4.1M	$3.8M	$3.4M	$1.3M	—	View 990
2013	$4.3M	$3.6M	$3.1M	$1.3M	—	View 990
2012	$3.5M	$3.6M	$2.4M	$1.3M	—	View 990
2011	$3.5M	$3.5M	$2.3M	$1.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.6M, expenses of $5.3M, and assets of $8.6M (revenue +13.2% year-over-year).
2022: Revenue of $4.9M, expenses of $4.8M, and assets of $8.0M (revenue +1.7% year-over-year).
2021: Revenue of $4.8M, expenses of $4.1M, and assets of $6.7M (revenue +4.1% year-over-year).
2020: Revenue of $4.7M, expenses of $3.8M, and assets of $5.9M (revenue +1.4% year-over-year).
2019: Revenue of $4.6M, expenses of $4.5M, and assets of $5.1M (revenue +5.0% year-over-year).
2018: Revenue of $4.4M, expenses of $4.3M, and assets of $4.7M (revenue +1.2% year-over-year).
2017: Revenue of $4.3M, expenses of $4.2M, and assets of $4.4M (revenue -1.2% year-over-year).
2016: Revenue of $4.4M, expenses of $4.0M, and assets of $4.1M (revenue +9.1% year-over-year).
2015: Revenue of $4.0M, expenses of $3.8M, and assets of $3.6M (revenue -2.8% year-over-year).
2014: Revenue of $4.1M, expenses of $3.8M, and assets of $3.4M (revenue -4.5% year-over-year).
2013: Revenue of $4.3M, expenses of $3.6M, and assets of $3.1M (revenue +22.0% year-over-year).
2012: Revenue of $3.5M, expenses of $3.6M, and assets of $2.4M (revenue +2.3% year-over-year).
2011: Revenue of $3.5M, expenses of $3.5M, and assets of $2.3M.

Data Sources and Methodology

This transparency report for Adirondack Mountain Club Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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