Canoe Brook Country Club

Canoe Brook Country Club shows consistent revenue growth and positive net income, with no reported officer compensation on its 990s.

EIN: 220805690 · Summit, NJ · Updated: 2026-03-28

$29.5MRevenue

$53.2MAssets

60/100Mission Score (Good)

Is Canoe Brook Country Club Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Canoe Brook Country Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Canoe Brook Country Club

Canoe Brook Country Club (EIN: 220805690) is a nonprofit organization based in Summit, NJ. The organization reported total revenue of $29.5M and total assets of $53.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canoe Brook Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Canoe Brook Country Club, despite its substantial revenue and assets, operates as a social and recreational club, not a traditional public charity. Its financial health appears stable, with consistent revenue growth over the past decade, increasing from $13.0 million in 2013 to $23.4 million in 2023. The organization consistently reports positive net income, indicating it is covering its expenses and accumulating assets, which have grown from $28.0 million to $48.9 million in the same period. 

Spending efficiency, in the context of a country club, is less about program delivery to the public and more about member services and facility maintenance. The IRS 990 filings indicate that the organization's expenses are consistently lower than its revenue, suggesting sound financial management for its operational model. However, without a detailed functional expense breakdown (program, administrative, fundraising), a precise assessment of spending efficiency in a charitable sense is not possible from the provided data. 

Transparency is generally good for a 501(c)(7) organization, as it files public Form 990s. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which is unusual for an organization of this size and suggests that key management personnel may be compensated through other means or that the club operates with a volunteer leadership structure, which would be a positive for member-funded operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Canoe Brook Country Club with a Mission Score of 60 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Canoe Brook Country Club 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 consistent reporting of 0% officer compensation across all available IRS 990 filings is highly unusual for an organization with annual revenues exceeding $20 million and assets over $48 million. This suggests that executive compensation may be structured in a way not reported in the 'officer compensation' section of the 990, or that the club is managed by volunteers, which would be a significant financial strength.

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 Canoe Brook Country Club's IRS 990 filings:

Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, making efficiency analysis difficult for a non-charity.
Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated.

Strengths

The following positive indicators were identified for Canoe Brook Country Club:

Consistent revenue growth, increasing from $13.0 million in 2013 to $23.4 million in 2023.
Strong asset growth, from $28.0 million in 2013 to $48.9 million in 2023.
Consistently positive net income (revenue exceeding expenses) across all reported periods, indicating sound financial management.
Low liabilities relative to assets in recent years, with assets at $48.9 million and liabilities at $18.8 million in 2023.

Frequently Asked Questions about Canoe Brook Country Club

Is Canoe Brook Country Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Canoe Brook Country Club (EIN: 220805690) some concerns. Mission Score: 60/100. 2 red flags identified, 4 strengths noted.

How does Canoe Brook Country Club spend its money?

Canoe Brook Country Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Canoe Brook Country Club tax-deductible?

Canoe Brook Country Club is registered as a tax-exempt nonprofit (EIN: 220805690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Canoe Brook Country Club a public charity?

No, Canoe Brook Country Club is classified as a 501(c)(7) social and recreational club, not a public charity. Its primary purpose is to provide facilities and services for its members, not to serve the general public or engage in charitable activities.

How has Canoe Brook Country Club's financial health changed over the past decade?

The club's financial health has significantly improved over the past decade. Revenue has grown from $13.0 million in 2013 to $23.4 million in 2023, and assets have increased from $28.0 million to $48.9 million in the same period, indicating strong financial growth and stability.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation on the IRS 990s is atypical for an organization of this size. This could mean that key management roles are filled by volunteers, compensation is structured as employee salaries rather than officer compensation, or it is reported in a different section of the 990 not provided in this summary.

Filing History

IRS 990 filing history for Canoe Brook Country Club showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Canoe Brook Country Club's revenue has grown by 85.1%, moving from $12.6M to $23.4M. Total assets increased by 72.3% over the same period, from $28.4M to $49.0M. Total functional expenses rose by 75.6%, from $12.1M to $21.2M. In its most recent filing year (2023), Canoe Brook Country Club reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $18.9M in liabilities against $49.0M in assets (debt-to-asset ratio: 38.5%), resulting in net assets of $30.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$23.4M	$21.2M	$49.0M	$18.9M	—	View 990
2022	$22.7M	$19.8M	$49.0M	$20.7M	—	View 990
2021	$19.9M	$16.8M	$46.7M	$21.1M	—	View 990
2020	$19.8M	$18.9M	$45.0M	$21.8M	—	—
2019	$18.9M	$18.3M	$45.5M	$22.8M	—	View 990
2018	$18.9M	$18.6M	$46.3M	$23.6M	—	View 990
2016	$16.7M	$16.6M	$49.2M	$26.4M	—	View 990
2015	$13.4M	$13.2M	$42.9M	$20.6M	—	View 990
2014	$13.6M	$13.0M	$44.0M	$20.5M	—	View 990
2013	$13.0M	$13.4M	$28.0M	$4.6M	—	View 990
2012	$12.4M	$12.9M	$28.0M	$3.3M	—	View 990
2011	$12.6M	$12.1M	$28.4M	$3.1M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $23.4M, expenses of $21.2M, and assets of $49.0M (revenue +3.3% year-over-year).
2022: Revenue of $22.7M, expenses of $19.8M, and assets of $49.0M (revenue +14.0% year-over-year).
2021: Revenue of $19.9M, expenses of $16.8M, and assets of $46.7M (revenue +0.7% year-over-year).
2020: Revenue of $19.8M, expenses of $18.9M, and assets of $45.0M (revenue +4.5% year-over-year).
2019: Revenue of $18.9M, expenses of $18.3M, and assets of $45.5M (revenue +0.0% year-over-year).
2018: Revenue of $18.9M, expenses of $18.6M, and assets of $46.3M (revenue +13.2% year-over-year).
2016: Revenue of $16.7M, expenses of $16.6M, and assets of $49.2M (revenue +24.6% year-over-year).
2015: Revenue of $13.4M, expenses of $13.2M, and assets of $42.9M (revenue -1.3% year-over-year).
2014: Revenue of $13.6M, expenses of $13.0M, and assets of $44.0M (revenue +4.3% year-over-year).
2013: Revenue of $13.0M, expenses of $13.4M, and assets of $28.0M (revenue +4.6% year-over-year).
2012: Revenue of $12.4M, expenses of $12.9M, and assets of $28.0M (revenue -1.6% year-over-year).
2011: Revenue of $12.6M, expenses of $12.1M, and assets of $28.4M.

Data Sources and Methodology

This transparency report for Canoe Brook 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.