Atlantic Golf Club Inc
Atlantic Golf Club Inc. consistently generates significant surpluses and grows assets, with no reported officer compensation.
EIN: 133491367 · Bridgehampton, NY · Updated: 2026-03-28
Is Atlantic Golf Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlantic Golf Club Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic Golf Club Inc
Atlantic Golf Club Inc (EIN: 133491367) is a nonprofit organization based in Bridgehampton, NY. The organization reported total revenue of $15.0M and total assets of $46.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Golf Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Atlantic Golf Club Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Atlantic Golf Club Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with over $15 million in revenue and $43 million in assets. This could imply volunteer leadership or compensation structured in a non-officer capacity, warranting further investigation for full transparency.
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.
Red Flags
The following concerns were identified during AI analysis of Atlantic Golf Club Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unclear NTEE code and specific nonprofit mission
- Consistent 0% officer compensation for an organization of this size, which may obscure full leadership costs
Strengths
The following positive indicators were identified for Atlantic Golf Club Inc:
- Consistent revenue growth, with latest revenue at $15,091,926
- Significant and consistent financial surpluses, indicating strong financial management
- Healthy asset growth, from $34.7M in 2014 to $43.3M in 2023
- Manageable liabilities relative to assets, indicating a strong balance sheet
- Long history of IRS 990 filings (14 filings), suggesting consistent compliance
Frequently Asked Questions about Atlantic Golf Club Inc
Is Atlantic Golf Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Golf Club Inc (EIN: 133491367) some concerns. Mission Score: 70/100. 3 red flags identified, 5 strengths noted.
How does Atlantic Golf Club Inc spend its money?
Atlantic Golf Club Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Atlantic Golf Club Inc tax-deductible?
Atlantic Golf Club Inc is registered as a tax-exempt nonprofit (EIN: 133491367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific mission or programmatic activity of Atlantic Golf Club Inc. as a nonprofit?
The provided data does not specify the NTEE code or detailed mission, making it difficult to ascertain the exact nature of its nonprofit activities beyond being a golf club.
How are executive leadership roles compensated if 'Officer Comp' is consistently 0%?
The consistent 0% officer compensation suggests either volunteer leadership, compensation through non-officer roles, or other benefits not reported in this specific line item on the 990.
What is the breakdown of expenses into program, administrative, and fundraising categories?
The provided data only gives total expenses; a detailed breakdown into program, administrative, and fundraising costs is not available, which limits the assessment of spending efficiency.
Given the consistent surpluses, how are these funds being utilized or reinvested?
The consistent surpluses contribute to the significant growth in assets, indicating reinvestment into the organization's infrastructure or endowment, but specific utilization details are not provided.
Filing History
IRS 990 filing history for Atlantic Golf Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Atlantic Golf Club Inc's revenue has grown by 104.8%, moving from $7.4M to $15.1M. Total assets increased by 35.8% over the same period, from $31.9M to $43.3M. Total functional expenses rose by 51.2%, from $7.5M to $11.3M. In its most recent filing year (2023), Atlantic Golf Club Inc reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $6.5M in liabilities against $43.3M in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $36.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $15.1M | $11.3M | $43.3M | $6.5M | — | — |
| 2022 | $12.2M | $10.7M | $39.8M | $5.7M | — | View 990 |
| 2021 | $9.4M | $9.3M | $37.4M | $4.3M | — | View 990 |
| 2020 | $9.1M | $9.1M | $36.8M | $3.8M | — | View 990 |
| 2019 | $9.4M | $8.9M | $37.4M | $4.0M | — | View 990 |
| 2018 | $9.2M | $8.6M | $36.2M | $3.3M | — | View 990 |
| 2017 | $7.8M | $8.2M | $35.2M | $3.0M | — | View 990 |
| 2016 | $9.1M | $8.4M | $35.7M | $3.0M | — | View 990 |
| 2015 | $8.1M | $7.9M | $35.2M | $3.2M | — | View 990 |
| 2014 | $8.1M | $7.2M | $34.7M | $3.0M | — | View 990 |
| 2013 | $7.1M | $7.0M | $34.4M | $3.7M | — | View 990 |
| 2012 | $7.2M | $6.5M | $34.2M | $3.6M | — | View 990 |
| 2011 | $8.0M | $6.2M | $33.3M | $3.3M | — | View 990 |
| 2010 | $7.4M | $7.5M | $31.9M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.1M, expenses of $11.3M, and assets of $43.3M (revenue +24.1% year-over-year).
- 2022: Revenue of $12.2M, expenses of $10.7M, and assets of $39.8M (revenue +30.0% year-over-year).
- 2021: Revenue of $9.4M, expenses of $9.3M, and assets of $37.4M (revenue +3.4% year-over-year).
- 2020: Revenue of $9.1M, expenses of $9.1M, and assets of $36.8M (revenue -4.0% year-over-year).
- 2019: Revenue of $9.4M, expenses of $8.9M, and assets of $37.4M (revenue +2.9% year-over-year).
- 2018: Revenue of $9.2M, expenses of $8.6M, and assets of $36.2M (revenue +17.2% year-over-year).
- 2017: Revenue of $7.8M, expenses of $8.2M, and assets of $35.2M (revenue -13.7% year-over-year).
- 2016: Revenue of $9.1M, expenses of $8.4M, and assets of $35.7M (revenue +12.1% year-over-year).
- 2015: Revenue of $8.1M, expenses of $7.9M, and assets of $35.2M (revenue -0.7% year-over-year).
- 2014: Revenue of $8.1M, expenses of $7.2M, and assets of $34.7M (revenue +15.0% year-over-year).
- 2013: Revenue of $7.1M, expenses of $7.0M, and assets of $34.4M (revenue -1.4% year-over-year).
- 2012: Revenue of $7.2M, expenses of $6.5M, and assets of $34.2M (revenue -10.7% year-over-year).
- 2011: Revenue of $8.0M, expenses of $6.2M, and assets of $33.3M (revenue +9.2% year-over-year).
- 2010: Revenue of $7.4M, expenses of $7.5M, and assets of $31.9M.
Data Sources and Methodology
This transparency report for Atlantic Golf 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.