Chestnut Mountain Golf Club
EIN: 882363462 · Mills River, NC · NTEE: N50
Is Chestnut Mountain Golf Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chestnut Mountain Golf Club
Chestnut Mountain Golf Club (EIN: 882363462) is a nonprofit organization based in Mills River, NC, classified under NTEE code N50. The organization reported total revenue of $834K and total assets of $398K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chestnut Mountain Golf Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chestnut Mountain Golf Club is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 50.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $775K |
| Total Expenses | $729K |
| Surplus / Deficit | +$45K |
| Total Assets | $348K |
| Total Liabilities | $127K |
| Net Assets | $221K |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 36.5% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Chestnut Mountain Golf Club reported a surplus of $45K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 36.5% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Chestnut Mountain Golf Club's revenue has grown at a compound annual growth rate (CAGR) of 50.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.9% | +111.8% | -16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chestnut Mountain Golf 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 Chestnut Mountain Golf 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 $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.5%.
Frequently Asked Questions about Chestnut Mountain Golf Club
Is Chestnut Mountain Golf Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Chestnut Mountain Golf Club (EIN: 882363462) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chestnut Mountain Golf Club spend its money?
Detailed spending breakdown data is not yet available for Chestnut Mountain Golf Club. Check back for updated IRS 990 analysis.
Are donations to Chestnut Mountain Golf Club tax-deductible?
Chestnut Mountain Golf Club is registered as a tax-exempt nonprofit (EIN: 882363462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Chestnut Mountain Golf Club showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Chestnut Mountain Golf Club's revenue has grown by 50.9%, moving from $513K to $775K. Total assets decreased by 16.7% over the same period, from $418K to $348K. Total functional expenses rose by 111.8%, from $344K to $729K. In its most recent filing year (2023), Chestnut Mountain Golf Club reported a surplus of $45K, with revenue exceeding expenses. The organization holds $127K in liabilities against $348K in assets (debt-to-asset ratio: 36.5%), resulting in net assets of $221K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $775K | $729K | $348K | $127K | — | View 990 |
| 2022 | $513K | $344K | $418K | $248K | — | — |
Data Sources and Methodology
This transparency report for Chestnut Mountain Golf 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.