Concord Country Club Inc
Concord Country Club Inc. maintains stable finances with increasing revenue and no reported officer compensation.
EIN: 20324375 · Concord, NH · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| Net Assets | $4.0M |
| Transparency Score | 75/100 |
Is Concord 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 →
Concord Country Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Concord Country Club Inc
Concord Country Club Inc (EIN: 20324375) is a nonprofit organization based in Concord, NH, classified under NTEE code N50. The organization reported total revenue of $4.9M and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Concord Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Concord Country Club Inc is a mid-size nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$117K |
| Total Assets | $6.3M |
| Total Liabilities | $2.4M |
| Net Assets | $4.0M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 37.3% |
| Months of Reserves | 25.3 months |
Financial Health Grade: A
In 2023, Concord Country Club Inc reported a surplus of $117K with revenue exceeding expenses, holds 25.3 months of operating reserves (strong position), has a debt-to-asset ratio of 37.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Concord Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +8.1% | +4.8% |
| 2022 | +8.9% | +11.1% | +1.7% |
| 2021 | +9.4% | +27.0% | -3.9% |
| 2020 | +4.2% | -11.1% | +4.3% |
| 2019 | +3.0% | -0.7% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Concord Country 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Concord Country Club Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $117K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, or that it operates with a volunteer board and no paid officers.
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 Concord Country Club Inc's IRS 990 filings:
- NTEE code N50 (Recreational, Sports, Leisure, & Athletics) suggests it's a membership organization, not a public charity, which might be a 'red flag' for those seeking traditional charitable impact.
Strengths
The following positive indicators were identified for Concord Country Club Inc:
- Consistent revenue growth over the past decade, from $1.87M in 2014 to $3.12M in 2023.
- Positive operating margins in most years, indicating financial sustainability (e.g., $117,169 surplus in 202310).
- Healthy asset-to-liability ratio (2.68:1 in 202310), demonstrating strong financial solvency.
- No reported officer compensation, suggesting efficient use of funds or a volunteer leadership model.
Frequently Asked Questions about Concord Country Club Inc
Is Concord Country Club Inc a legitimate charity?
Concord Country Club Inc (EIN: 20324375) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $4.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Concord Country Club Inc spend its money?
Concord Country Club Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Concord Country Club Inc tax-deductible?
Concord Country Club Inc is registered as a tax-exempt nonprofit (EIN: 20324375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Concord Country Club Inc's spending goes to programs?
Concord Country Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Concord Country Club Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Concord Country Club Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Concord Country Club Inc located?
Concord Country Club Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20324375. It is classified under NTEE code N50.
How many years of IRS 990 filings does Concord Country Club Inc have?
Concord Country Club Inc has 12 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 $4.9M in total revenue.
Is Concord Country Club Inc. a good charity?
As a country club, its primary purpose is to provide recreational services to its members, not to operate as a public charity in the traditional sense. Its financial health is stable, but its 'charitable' impact is limited to its membership and community engagement, if any, rather than broad public benefit.
How has the organization's revenue trended over time?
Concord Country Club Inc. has shown a strong upward trend in revenue, increasing from $1,867,477 in 201410 to $3,123,997 in 202310, representing a significant growth of over 67% in a decade.
What is the organization's asset-to-liability ratio?
In the latest filing (202310), the organization had assets of $6,346,885 and liabilities of $2,366,443, resulting in an asset-to-liability ratio of approximately 2.68:1, indicating a healthy financial position.
Filing History
IRS 990 filing history for Concord Country Club Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Concord Country Club Inc's revenue has grown by 64.4%, moving from $1.9M to $3.1M. Total assets increased by 75% over the same period, from $3.6M to $6.3M. Total functional expenses rose by 70.8%, from $1.8M to $3.0M. In its most recent filing year (2023), Concord Country Club Inc reported a surplus of $117K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $6.3M in assets (debt-to-asset ratio: 37.3%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.0M | $6.3M | $2.4M | — | View 990 |
| 2022 | $2.8M | $2.8M | $6.1M | $2.2M | — | View 990 |
| 2021 | $2.6M | $2.5M | $6.0M | $2.1M | — | — |
| 2020 | $2.3M | $2.0M | $6.2M | $2.3M | — | — |
| 2019 | $2.2M | $2.2M | $5.9M | $2.4M | — | View 990 |
| 2018 | $2.2M | $2.2M | $6.0M | $2.5M | — | View 990 |
| 2017 | $2.2M | $2.2M | $5.9M | $2.3M | — | View 990 |
| 2016 | $2.3M | $2.1M | $6.0M | $2.5M | — | View 990 |
| 2015 | $2.1M | $2.1M | $6.1M | $2.8M | — | View 990 |
| 2014 | $1.9M | $2.0M | $6.1M | $2.8M | — | View 990 |
| 2013 | $2.0M | $1.8M | $4.5M | $1.2M | — | View 990 |
| 2012 | $1.9M | $1.8M | $3.6M | $459K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.0M, and assets of $6.3M (revenue +12.0% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.8M, and assets of $6.1M (revenue +8.9% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.5M, and assets of $6.0M (revenue +9.4% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.0M, and assets of $6.2M (revenue +4.2% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.2M, and assets of $5.9M (revenue +3.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $6.0M (revenue -0.6% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $5.9M (revenue -2.3% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.1M, and assets of $6.0M (revenue +5.5% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $6.1M (revenue +14.3% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.0M, and assets of $6.1M (revenue -5.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.8M, and assets of $4.5M (revenue +3.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Concord Country Club Inc:
Data Sources and Methodology
This transparency report for Concord 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.