Crestmont Country Club

Is Crestmont Country Club Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Crestmont Country Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Crestmont Country Club

Crestmont Country Club (EIN: 221545020) is a nonprofit organization based in West Orange, NJ, classified under NTEE code N51Z. The organization reported total revenue of $12.8M and total assets of $25.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crestmont Country Club'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 Crestmont Country Club 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: 80%
• fundraising: 10%

According to IRS 990 filings, Crestmont Country Club allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is not explicitly detailed in the provided data, as the 'c0%' likely indicates no reportable compensation for key employees on the summary data, suggesting it's either below reporting thresholds or not a primary expense category.

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 Crestmont Country Club's IRS 990 filings:

• Lack of detailed program descriptions or impact metrics beyond financial data.
• The 'c0%' for compensation across all years might indicate a lack of transparency regarding executive salaries if they exist but are not reported in this summary format.

Strengths

The following positive indicators were identified for Crestmont Country Club:

• Consistent revenue generation over multiple years, with a notable increase in 2021.
• Healthy asset base, consistently above $20 million in recent years.
• Stable liability levels, indicating good financial management.
• Positive net assets, demonstrating financial solvency.

Frequently Asked Questions about Crestmont Country Club

Filing History

IRS 990 filing history for Crestmont Country Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Crestmont Country Club's revenue has grown by 81%, moving from $6.2M to $11.2M. Total assets increased by 160% over the same period, from $9.8M to $25.6M. Total functional expenses rose by 60%, from $6.7M to $10.7M. In its most recent filing year (2023), Crestmont Country Club reported a surplus of $451K, with revenue exceeding expenses. The organization holds $16.2M in liabilities against $25.6M in assets (debt-to-asset ratio: 63.5%), resulting in net assets of $9.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $11.2M, expenses of $10.7M, and assets of $25.6M (revenue +6.1% year-over-year).
• 2022: Revenue of $10.5M, expenses of $9.9M, and assets of $25.7M (revenue -17.7% year-over-year).
• 2021: Revenue of $12.8M, expenses of $9.4M, and assets of $25.3M (revenue +81.4% year-over-year).
• 2020: Revenue of $7.1M, expenses of $7.4M, and assets of $22.1M (revenue -14.6% year-over-year).
• 2019: Revenue of $8.3M, expenses of $8.4M, and assets of $22.9M (revenue +11.8% year-over-year).
• 2018: Revenue of $7.4M, expenses of $7.2M, and assets of $20.9M (revenue -1.1% year-over-year).
• 2017: Revenue of $7.5M, expenses of $7.2M, and assets of $10.3M (revenue -1.2% year-over-year).
• 2016: Revenue of $7.6M, expenses of $7.6M, and assets of $9.5M (revenue +2.0% year-over-year).
• 2015: Revenue of $7.4M, expenses of $7.6M, and assets of $10.1M (revenue +7.8% year-over-year).
• 2014: Revenue of $6.9M, expenses of $7.3M, and assets of $10.3M (revenue +7.3% year-over-year).
• 2013: Revenue of $6.4M, expenses of $7.0M, and assets of $11.0M (revenue +2.4% year-over-year).
• 2012: Revenue of $6.3M, expenses of $7.0M, and assets of $9.6M (revenue +1.2% year-over-year).
• 2011: Revenue of $6.2M, expenses of $6.7M, and assets of $9.8M.

Data Sources and Methodology

This transparency report for Crestmont Country Club 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.