Columbia University Club Foundation Inc
Columbia University Club Foundation Inc. consistently operates at a deficit, drawing on substantial assets.
EIN: 136105775 · Riverside, CT · NTEE: B43I · Updated: 2026-03-28
Is Columbia University Club Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Columbia University Club Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Columbia University Club Foundation Inc
Columbia University Club Foundation Inc (EIN: 136105775) is a nonprofit organization based in Riverside, CT, classified under NTEE code B43I. The organization reported total revenue of $946K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbia University Club Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Columbia University Club Foundation Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Columbia University Club Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that the organization relies on volunteer leadership or that compensation falls below reporting thresholds, which is a positive indicator for an organization of its size with revenues typically around $100,000 annually.
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 Columbia University Club Foundation Inc's IRS 990 filings:
- Consistent operational deficits (e.g., $112,086 expenses vs. $100,371 revenue in 2023)
- Revenue has generally declined over the past decade, from $209,193 in 2015 to $100,371 in 2023
- Reliance on drawing down assets to cover expenses
Strengths
The following positive indicators were identified for Columbia University Club Foundation Inc:
- Substantial and stable asset base (consistently around $1.8 million)
- No reported officer compensation, indicating volunteer leadership or highly efficient compensation practices
- Long history of IRS 990 filings, demonstrating transparency
Frequently Asked Questions about Columbia University Club Foundation Inc
Is Columbia University Club Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Columbia University Club Foundation Inc (EIN: 136105775) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Columbia University Club Foundation Inc spend its money?
Columbia University Club Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Columbia University Club Foundation Inc tax-deductible?
Columbia University Club Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136105775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Columbia University Club Foundation Inc. a good charity?
The organization demonstrates financial stability through its substantial asset base, but its consistent operational deficits (e.g., $112,086 expenses vs. $100,371 revenue in 2023) raise concerns about long-term sustainability without drawing on reserves. The lack of officer compensation is a positive sign of efficiency.
Why does the organization consistently spend more than it earns?
The filings show a pattern of expenses exceeding revenue in most recent years (e.g., 2023, 2022, 2021, 2020, 2019). This suggests the organization may be utilizing its accumulated assets to cover operational costs, rather than generating sufficient income from current activities to be self-sustaining.
What is the purpose of the organization's large asset base?
With assets consistently around $1.8 million, the organization likely holds an endowment or investment fund. This provides a strong financial cushion, but the consistent operational deficits indicate that the income generated from these assets may not be fully covering expenses, or the principal is being drawn upon.
How does the organization fund its operations given the deficits?
Given the recurring deficits, such as the $11,715 deficit in 2023, the organization is likely funding its operations by drawing down on its accumulated assets or relying on prior period surpluses. This is sustainable in the short term due to its large asset base, but not indefinitely.
Filing History
IRS 990 filing history for Columbia University Club Foundation Inc showing financial trends over 10 years of public records:
Total assets decreased by 3.9% over the same period, from $1.8M to $1.8M. Total functional expenses rose by 46.6%, from $76K to $112K. In its most recent filing year (2023), Columbia University Club Foundation Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $112K | $1.8M | $1 | — | View 990 |
| 2022 | $122K | $133K | $1.8M | $1 | — | View 990 |
| 2021 | $95K | $117K | $1.8M | $1 | — | View 990 |
| 2020 | $70K | $97K | $1.8M | $1 | — | — |
| 2019 | $127K | $141K | $1.8M | $1 | — | — |
| 2015 | $209K | $144K | $1.9M | $0 | — | View 990 |
| 2013 | $98K | $120K | $1.9M | $0 | — | View 990 |
| 2012 | $108K | $87K | $1.9M | $0 | — | View 990 |
| 2011 | $128K | $78K | $1.9M | $0 | — | View 990 |
| 2010 | $-12,077 | $76K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $112K, and assets of $1.8M (revenue -17.7% year-over-year).
- 2022: Revenue of $122K, expenses of $133K, and assets of $1.8M (revenue +28.1% year-over-year).
- 2021: Revenue of $95K, expenses of $117K, and assets of $1.8M (revenue +36.2% year-over-year).
- 2020: Revenue of $70K, expenses of $97K, and assets of $1.8M (revenue -45.2% year-over-year).
- 2019: Revenue of $127K, expenses of $141K, and assets of $1.8M (revenue -39.1% year-over-year).
- 2015: Revenue of $209K, expenses of $144K, and assets of $1.9M (revenue +113.4% year-over-year).
- 2013: Revenue of $98K, expenses of $120K, and assets of $1.9M (revenue -9.6% year-over-year).
- 2012: Revenue of $108K, expenses of $87K, and assets of $1.9M (revenue -15.0% year-over-year).
- 2011: Revenue of $128K, expenses of $78K, and assets of $1.9M.
- 2010: Revenue of $-12,077, expenses of $76K, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Columbia University Club Foundation 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.