Cold Spring Harbor Beach Club Inc

Cold Spring Harbor Beach Club Inc. consistently operates near break-even with volunteer leadership and stable assets.

EIN: 111791179 · Cold Spg Hbr, NY · Updated: 2026-03-28

$3.2MRevenue

$936KAssets

75/100Mission Score (Good)

Is Cold Spring Harbor Beach Club Inc 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 →

Cold Spring Harbor Beach Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Cold Spring Harbor Beach Club Inc

Cold Spring Harbor Beach Club Inc (EIN: 111791179) is a nonprofit organization based in Cold Spg Hbr, NY. The organization reported total revenue of $3.2M and total assets of $936K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cold Spring Harbor Beach Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cold Spring Harbor Beach Club Inc. appears to operate with a consistent financial model, showing revenues closely matching expenses across most years. For instance, in 2023, revenues were $2,786,516 against expenses of $2,811,726, indicating a near break-even operation. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its transparency and public trust. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The NTEE code being 'Unknown' also limits the ability to benchmark its financial performance against similar organizations.

The organization's assets have fluctuated, reaching a high of $1,408,995 in 2018 before settling around $857,650 in 2023. Liabilities have remained relatively low, suggesting a healthy balance sheet without significant debt burdens. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency. However, the lack of specific program details in the provided data makes it difficult to fully evaluate its programmatic impact and mission effectiveness.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cold Spring Harbor Beach Club Inc with a Mission Score of 75 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: 80%
fundraising: 5%

According to IRS 990 filings, Cold Spring Harbor Beach Club Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with annual revenues exceeding $2 million.

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 Harbor Beach Club Inc's IRS 990 filings:

NTEE code is unknown, hindering comparative analysis
Lack of detailed expense breakdown (program, admin, fundraising) in provided data

Strengths

The following positive indicators were identified for Cold Spring Harbor Beach Club Inc:

Consistent 0% officer compensation, indicating volunteer leadership
Regular IRS 990 filings demonstrating transparency
Stable financial operations with revenues closely matching expenses
Relatively low liabilities compared to assets, indicating financial stability

Frequently Asked Questions about Cold Spring Harbor Beach Club Inc

Is Cold Spring Harbor Beach Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cold Spring Harbor Beach Club Inc (EIN: 111791179) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

How does Cold Spring Harbor Beach Club Inc spend its money?

Cold Spring Harbor Beach Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Cold Spring Harbor Beach Club Inc tax-deductible?

Cold Spring Harbor Beach Club Inc is registered as a tax-exempt nonprofit (EIN: 111791179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Cold Spring Harbor Beach Club Inc. a good charity?

Based on the available data, the organization demonstrates strong financial management by operating near break-even and having 0% officer compensation, suggesting efficient use of funds and volunteer dedication. However, without detailed program spending and an NTEE code, a full assessment of its charitable impact is limited.

What is the organization's primary purpose?

The provided IRS 990 data does not specify the organization's primary purpose or NTEE code, making it difficult to determine its specific mission or programs.

How does the organization manage its finances year-to-year?

The organization consistently manages its finances to operate near break-even, with revenues closely matching expenses in most years (e.g., $2,786,516 revenue vs. $2,811,726 expenses in 2023). Assets and liabilities have remained stable, indicating prudent financial stewardship.

Filing History

IRS 990 filing history for Cold Spring Harbor Beach Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cold Spring Harbor Beach Club Inc's revenue has grown by 46.9%, moving from $1.9M to $2.8M. Total assets increased by 21.5% over the same period, from $706K to $858K. Total functional expenses rose by 47.9%, from $1.9M to $2.8M. In its most recent filing year (2023), Cold Spring Harbor Beach Club Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $108K in liabilities against $858K in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $750K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.8M	$2.8M	$858K	$108K	—	—
2022	$2.7M	$2.7M	$838K	$63K	—	—
2021	$2.6M	$2.6M	$856K	$69K	—	View 990
2020	$1.9M	$1.9M	$822K	$33K	—	—
2019	$2.0M	$2.6M	$870K	$69K	—	View 990
2018	$3.1M	$2.5M	$1.4M	$62K	—	View 990
2017	$2.0M	$2.0M	$779K	$44K	—	View 990
2016	$2.0M	$1.9M	$799K	$41K	—	View 990
2015	$2.1M	$2.1M	$755K	$45K	—	View 990
2014	$1.9M	$1.9M	$769K	$59K	—	View 990
2013	$2.0M	$2.0M	$743K	$28K	—	View 990
2012	$1.9M	$1.8M	$782K	$50K	—	View 990
2011	$1.9M	$1.9M	$706K	$52K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.8M, expenses of $2.8M, and assets of $858K (revenue +3.8% year-over-year).
2022: Revenue of $2.7M, expenses of $2.7M, and assets of $838K (revenue +2.0% year-over-year).
2021: Revenue of $2.6M, expenses of $2.6M, and assets of $856K (revenue +41.7% year-over-year).
2020: Revenue of $1.9M, expenses of $1.9M, and assets of $822K (revenue -9.1% year-over-year).
2019: Revenue of $2.0M, expenses of $2.6M, and assets of $870K (revenue -34.2% year-over-year).
2018: Revenue of $3.1M, expenses of $2.5M, and assets of $1.4M (revenue +53.7% year-over-year).
2017: Revenue of $2.0M, expenses of $2.0M, and assets of $779K (revenue +1.6% year-over-year).
2016: Revenue of $2.0M, expenses of $1.9M, and assets of $799K (revenue -3.5% year-over-year).
2015: Revenue of $2.1M, expenses of $2.1M, and assets of $755K (revenue +7.4% year-over-year).
2014: Revenue of $1.9M, expenses of $1.9M, and assets of $769K (revenue -4.1% year-over-year).
2013: Revenue of $2.0M, expenses of $2.0M, and assets of $743K (revenue +8.2% year-over-year).
2012: Revenue of $1.9M, expenses of $1.8M, and assets of $782K (revenue -2.4% year-over-year).
2011: Revenue of $1.9M, expenses of $1.9M, and assets of $706K.

Data Sources and Methodology

This transparency report for Cold Spring Harbor Beach 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.