Bloomfield Country Club
EIN: 420144242 · Bloomfield, IA · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $416K |
| Total Expenses | $300K |
| Net Assets | $521K |
Is Bloomfield Country Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bloomfield Country Club
Bloomfield Country Club (EIN: 420144242) is a nonprofit organization based in Bloomfield, IA, classified under NTEE code N50. The organization reported total revenue of $416K and total assets of $503K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bloomfield Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bloomfield Country Club is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $411K |
| Total Expenses | $300K |
| Surplus / Deficit | +$111K |
| Total Assets | $610K |
| Total Liabilities | $88K |
| Net Assets | $521K |
| Operating Margin | 27.0% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 24.4 months |
Financial Health Grade: A
In 2023, Bloomfield Country Club reported a surplus of $111K with revenue exceeding expenses, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bloomfield Country Club's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | +9.4% | +11.7% |
| 2022 | +34.4% | +23.9% | +14.3% |
| 2021 | +70.5% | +55.4% | +33.6% |
| 2020 | -3.0% | +2.1% | +9.3% |
| 2019 | +3.4% | -11.2% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bloomfield Country Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bloomfield Country Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $111K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Frequently Asked Questions about Bloomfield Country Club
Is Bloomfield Country Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Bloomfield Country Club (EIN: 420144242) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bloomfield Country Club spend its money?
Detailed spending breakdown data is not yet available for Bloomfield Country Club. Check back for updated IRS 990 analysis.
Are donations to Bloomfield Country Club tax-deductible?
Bloomfield Country Club is registered as a tax-exempt nonprofit (EIN: 420144242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bloomfield Country Club located?
Bloomfield Country Club is headquartered in Bloomfield, Iowa and files with the IRS under EIN 420144242. It is classified under NTEE code N50.
How many years of IRS 990 filings does Bloomfield Country Club have?
Bloomfield Country Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $416K in total revenue.
Filing History
IRS 990 filing history for Bloomfield Country Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bloomfield Country Club's revenue has grown by 171.2%, moving from $152K to $411K. Total assets increased by 97% over the same period, from $309K to $610K. Total functional expenses rose by 97.8%, from $152K to $300K. In its most recent filing year (2023), Bloomfield Country Club reported a surplus of $111K, with revenue exceeding expenses. The organization holds $88K in liabilities against $610K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $521K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $411K | $300K | $610K | $88K | — | View 990 |
| 2022 | $402K | $274K | $546K | $135K | — | View 990 |
| 2021 | $299K | $221K | $478K | $194K | — | — |
| 2020 | $175K | $142K | $358K | $150K | — | View 990 |
| 2019 | $181K | $140K | $327K | $159K | — | View 990 |
| 2018 | $175K | $157K | $295K | $158K | — | View 990 |
| 2017 | $168K | $160K | $319K | $189K | — | View 990 |
| 2016 | $164K | $157K | $302K | $189K | — | View 990 |
| 2015 | $152K | $154K | $308K | $192K | — | View 990 |
| 2014 | $159K | $160K | $325K | $205K | — | View 990 |
| 2013 | $161K | $158K | $306K | $183K | — | View 990 |
| 2012 | $169K | $178K | $310K | $177K | — | View 990 |
| 2011 | $152K | $152K | $309K | $166K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $411K, expenses of $300K, and assets of $610K (revenue +2.4% year-over-year).
- 2022: Revenue of $402K, expenses of $274K, and assets of $546K (revenue +34.4% year-over-year).
- 2021: Revenue of $299K, expenses of $221K, and assets of $478K (revenue +70.5% year-over-year).
- 2020: Revenue of $175K, expenses of $142K, and assets of $358K (revenue -3.0% year-over-year).
- 2019: Revenue of $181K, expenses of $140K, and assets of $327K (revenue +3.4% year-over-year).
- 2018: Revenue of $175K, expenses of $157K, and assets of $295K (revenue +3.8% year-over-year).
- 2017: Revenue of $168K, expenses of $160K, and assets of $319K (revenue +2.8% year-over-year).
- 2016: Revenue of $164K, expenses of $157K, and assets of $302K (revenue +7.4% year-over-year).
- 2015: Revenue of $152K, expenses of $154K, and assets of $308K (revenue -4.3% year-over-year).
- 2014: Revenue of $159K, expenses of $160K, and assets of $325K (revenue -1.2% year-over-year).
- 2013: Revenue of $161K, expenses of $158K, and assets of $306K (revenue -4.5% year-over-year).
- 2012: Revenue of $169K, expenses of $178K, and assets of $310K (revenue +11.2% year-over-year).
- 2011: Revenue of $152K, expenses of $152K, and assets of $309K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bloomfield Country Club:
Data Sources and Methodology
This transparency report for Bloomfield Country Club 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.