Columbia Business School Club Of Ny Inc
Columbia Business School Club Of NY Inc consistently allocates a high percentage of expenses to programs with no reported officer compensation.
EIN: 132919403 · Greenwich, CT · NTEE: B84Z · Updated: 2026-03-28
Is Columbia Business School Club Of Ny Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Columbia Business School Club Of Ny Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Columbia Business School Club Of Ny Inc
Columbia Business School Club Of Ny Inc (EIN: 132919403) is a nonprofit organization based in Greenwich, CT, classified under NTEE code B84Z. The organization reported total revenue of $110K and total assets of $609K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbia Business School Club Of Ny Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbia Business School Club Of Ny Inc is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $74K |
| Surplus / Deficit | +$27K |
| Total Assets | $575K |
| Total Liabilities | $11K |
| Net Assets | $563K |
| Operating Margin | 26.7% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 92.7 months |
Financial Health Grade: A
In 2023, Columbia Business School Club Of Ny Inc reported a surplus of $27K with revenue exceeding expenses, holds 92.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Columbia Business School Club Of Ny Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | +19.9% | +5.1% |
| 2022 | -0.4% | +2.1% | +2.9% |
| 2021 | -16.6% | -19.4% | +4.0% |
| 2020 | -27.7% | -8.6% | +6.3% |
| 2019 | -3.1% | -20.1% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Columbia Business School Club Of Ny Inc with a Mission Score of 90 out of 100 (Excellent). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Columbia Business School Club Of Ny Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which is highly efficient for an organization of its size with annual revenues around $100,000.
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.
Strengths
The following positive indicators were identified for Columbia Business School Club Of Ny Inc:
- Strong program spending ratio (approximately 75% of expenses in 2023)
- Consistent reporting of 0% officer compensation, indicating volunteer leadership
- Healthy and growing asset base ($574,790 in 2023, up from $480,844 in 2019)
- Low liabilities relative to assets ($11,437 in liabilities vs. $574,790 in assets in 2023)
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Columbia Business School Club Of Ny Inc
Is Columbia Business School Club Of Ny Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Columbia Business School Club Of Ny Inc (EIN: 132919403) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Columbia Business School Club Of Ny Inc spend its money?
Columbia Business School Club Of Ny Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Columbia Business School Club Of Ny Inc tax-deductible?
Columbia Business School Club Of Ny Inc is registered as a tax-exempt nonprofit (EIN: 132919403). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Columbia Business School Club Of Ny Inc a good charity?
Based on its financial data, the Columbia Business School Club Of Ny Inc appears to be a well-managed organization. It consistently directs a high percentage of its spending to programs, maintains healthy assets, and reports no officer compensation, all of which are positive indicators of a good charity.
How has the organization's financial health changed over time?
The organization has shown consistent financial health, with assets growing from $370,845 in 2015 to $574,790 in 2023. While revenue has fluctuated, expenses have generally been well-managed, leading to a stable and growing asset base.
What is the organization's primary source of revenue?
While the NTEE code B84Z (Alumni Associations) suggests membership dues and event fees are likely primary sources, the provided data does not specify the exact breakdown of revenue sources. However, the consistent revenue generation indicates stable funding.
Filing History
IRS 990 filing history for Columbia Business School Club Of Ny Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbia Business School Club Of Ny Inc's revenue has declined by 20%, moving from $127K to $102K. Total assets increased by 65.4% over the same period, from $348K to $575K. Total functional expenses fell by 21.5%, from $95K to $74K. In its most recent filing year (2023), Columbia Business School Club Of Ny Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $11K in liabilities against $575K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $563K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $74K | $575K | $11K | — | View 990 |
| 2022 | $85K | $62K | $547K | $11K | — | View 990 |
| 2021 | $85K | $61K | $531K | $11K | — | View 990 |
| 2020 | $102K | $75K | $511K | $14K | — | View 990 |
| 2019 | $141K | $82K | $481K | $11K | — | View 990 |
| 2018 | $146K | $103K | $429K | $17K | — | View 990 |
| 2017 | $88K | $93K | $391K | $21K | — | View 990 |
| 2016 | $68K | $51K | $390K | $16K | — | View 990 |
| 2015 | $69K | $65K | $371K | $14K | — | View 990 |
| 2014 | $91K | $88K | $386K | $34K | — | View 990 |
| 2013 | $86K | $89K | $366K | $17K | — | View 990 |
| 2012 | $112K | $92K | $361K | $10K | — | View 990 |
| 2011 | $127K | $95K | $348K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $74K, and assets of $575K (revenue +19.8% year-over-year).
- 2022: Revenue of $85K, expenses of $62K, and assets of $547K (revenue -0.4% year-over-year).
- 2021: Revenue of $85K, expenses of $61K, and assets of $531K (revenue -16.6% year-over-year).
- 2020: Revenue of $102K, expenses of $75K, and assets of $511K (revenue -27.7% year-over-year).
- 2019: Revenue of $141K, expenses of $82K, and assets of $481K (revenue -3.1% year-over-year).
- 2018: Revenue of $146K, expenses of $103K, and assets of $429K (revenue +65.1% year-over-year).
- 2017: Revenue of $88K, expenses of $93K, and assets of $391K (revenue +29.5% year-over-year).
- 2016: Revenue of $68K, expenses of $51K, and assets of $390K (revenue -1.5% year-over-year).
- 2015: Revenue of $69K, expenses of $65K, and assets of $371K (revenue -24.1% year-over-year).
- 2014: Revenue of $91K, expenses of $88K, and assets of $386K (revenue +5.7% year-over-year).
- 2013: Revenue of $86K, expenses of $89K, and assets of $366K (revenue -23.1% year-over-year).
- 2012: Revenue of $112K, expenses of $92K, and assets of $361K (revenue -11.6% year-over-year).
- 2011: Revenue of $127K, expenses of $95K, and assets of $348K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbia Business School Club Of Ny Inc:
Data Sources and Methodology
This transparency report for Columbia Business School Club Of Ny 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.