Cold Spring Country Club Inc
Cold Spring Country Club Inc. shows consistent revenue and asset growth with no reported officer compensation.
EIN: 111562881 · Huntington, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.4M |
| Total Expenses | $7.9M |
| CEO/Top Officer Pay | $8 |
| Net Assets | $13.5M |
| Transparency Score | 50/100 |
Is Cold Spring Country Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cold Spring Country Club Inc
Cold Spring Country Club Inc (EIN: 111562881) is a nonprofit organization based in Huntington, NY. The organization reported total revenue of $10.4M and total assets of $27.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cold Spring Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cold Spring Country Club Inc is a large nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.6M |
| Total Expenses | $7.9M |
| Surplus / Deficit | +$760K |
| Total Assets | $24.0M |
| Total Liabilities | $10.5M |
| Net Assets | $13.5M |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 43.8% |
| Months of Reserves | 36.5 months |
Financial Health Grade: A
In 2023, Cold Spring Country Club Inc reported a surplus of $760K with revenue exceeding expenses, holds 36.5 months of operating reserves (strong position), has a debt-to-asset ratio of 43.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cold Spring Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | +8.5% | +6.5% |
| 2022 | +13.2% | +18.3% | +2.7% |
| 2021 | +8.0% | +25.5% | +6.8% |
| 2020 | -6.3% | -22.4% | +5.8% |
| 2019 | +9.7% | +7.1% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cold Spring Country Club Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Cold Spring Country Club Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $760K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues exceeding $8 million and assets nearing $24 million. This suggests either a fully volunteer executive leadership or that compensation for key management is reported under different expense categories, which could obscure the true cost of executive leadership.
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 Cold Spring Country Club Inc's IRS 990 filings:
- No NTEE code provided, making it difficult to understand the organization's charitable purpose.
- Consistent reporting of $0 officer compensation, which is unusual for an organization of this size and revenue, potentially obscuring executive remuneration.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering assessment of spending efficiency.
Strengths
The following positive indicators were identified for Cold Spring Country Club Inc:
- Consistent revenue growth, from $6,695,670 in 2014 to $8,643,481 in 2023, indicating financial stability.
- Steady asset growth, from $20,337,176 in 2014 to $23,979,260 in 2023, reflecting increasing financial capacity.
- Generally operates with a positive net income, as seen in 2023 with revenue exceeding expenses by $760,010.
Frequently Asked Questions about Cold Spring Country Club Inc
Is Cold Spring Country Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cold Spring Country Club Inc (EIN: 111562881) some concerns. Mission Score: 50/100. 3 red flags identified, 3 strengths noted.
How does Cold Spring Country Club Inc spend its money?
Detailed spending breakdown data is not yet available for Cold Spring Country Club Inc. Check back for updated IRS 990 analysis.
Are donations to Cold Spring Country Club Inc tax-deductible?
Cold Spring Country Club Inc is registered as a tax-exempt nonprofit (EIN: 111562881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cold Spring Country Club Inc CEO make?
Cold Spring Country Club Inc's highest-compensated officer earns $8 annually. The organization reported $10.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Cold Spring Country Club Inc located?
Cold Spring Country Club Inc is headquartered in Huntington, New York and files with the IRS under EIN 111562881.
How many years of IRS 990 filings does Cold Spring Country Club Inc have?
Cold Spring Country Club Inc 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 $10.4M in total revenue.
Why is officer compensation consistently reported as $0?
The IRS 990 filings for Cold Spring Country Club Inc. consistently show $0 for officer compensation, which is atypical for an organization of its financial scale. This could indicate that executive roles are entirely volunteer-based, or that compensation for key management is categorized under other expense lines, making it difficult to ascertain the true cost of leadership.
What is the NTEE code and primary charitable purpose of this organization?
The NTEE code for Cold Spring Country Club Inc. is listed as 'Unknown'. Without this information and a clear mission statement from the filings, it is difficult to assess its primary charitable purpose or how its financial activities align with a specific nonprofit mission.
What is the breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This lack of detail prevents a comprehensive analysis of spending efficiency and how much of the organization's resources are directly allocated to its stated mission.
Filing History
IRS 990 filing history for Cold Spring Country Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cold Spring Country Club Inc's revenue has grown by 47.3%, moving from $5.9M to $8.6M. Total assets increased by 44.1% over the same period, from $16.6M to $24.0M. Total functional expenses rose by 24.7%, from $6.3M to $7.9M. In its most recent filing year (2023), Cold Spring Country Club Inc reported a surplus of $760K, with revenue exceeding expenses. The organization holds $10.5M in liabilities against $24.0M in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $13.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.6M | $7.9M | $24.0M | $10.5M | — | View 990 |
| 2022 | $7.3M | $7.3M | $22.5M | $9.8M | — | View 990 |
| 2021 | $6.5M | $6.1M | $21.9M | $9.3M | — | — |
| 2020 | $6.0M | $4.9M | $20.5M | $8.3M | — | — |
| 2019 | $6.4M | $6.3M | $19.4M | $8.3M | — | View 990 |
| 2018 | $5.8M | $5.9M | $19.6M | $8.6M | — | View 990 |
| 2017 | $6.1M | $6.4M | $19.5M | $8.4M | — | View 990 |
| 2016 | $7.5M | $7.1M | $20.0M | $15.0M | — | View 990 |
| 2015 | $6.6M | $7.0M | $20.1M | $15.4M | — | View 990 |
| 2014 | $6.7M | $7.1M | $20.3M | $15.4M | — | View 990 |
| 2013 | $7.6M | $7.5M | $19.8M | $14.5M | — | View 990 |
| 2012 | $7.0M | $6.8M | $17.8M | $12.5M | — | View 990 |
| 2011 | $5.9M | $6.3M | $16.6M | $11.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.6M, expenses of $7.9M, and assets of $24.0M (revenue +17.8% year-over-year).
- 2022: Revenue of $7.3M, expenses of $7.3M, and assets of $22.5M (revenue +13.2% year-over-year).
- 2021: Revenue of $6.5M, expenses of $6.1M, and assets of $21.9M (revenue +8.0% year-over-year).
- 2020: Revenue of $6.0M, expenses of $4.9M, and assets of $20.5M (revenue -6.3% year-over-year).
- 2019: Revenue of $6.4M, expenses of $6.3M, and assets of $19.4M (revenue +9.7% year-over-year).
- 2018: Revenue of $5.8M, expenses of $5.9M, and assets of $19.6M (revenue -4.3% year-over-year).
- 2017: Revenue of $6.1M, expenses of $6.4M, and assets of $19.5M (revenue -18.0% year-over-year).
- 2016: Revenue of $7.5M, expenses of $7.1M, and assets of $20.0M (revenue +12.2% year-over-year).
- 2015: Revenue of $6.6M, expenses of $7.0M, and assets of $20.1M (revenue -0.8% year-over-year).
- 2014: Revenue of $6.7M, expenses of $7.1M, and assets of $20.3M (revenue -11.5% year-over-year).
- 2013: Revenue of $7.6M, expenses of $7.5M, and assets of $19.8M (revenue +8.7% year-over-year).
- 2012: Revenue of $7.0M, expenses of $6.8M, and assets of $17.8M (revenue +18.6% year-over-year).
- 2011: Revenue of $5.9M, expenses of $6.3M, and assets of $16.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cold Spring Country Club Inc:
Data Sources and Methodology
This transparency report for Cold Spring Country 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.